2322-20 Westmeath Lane, Markham, ON

Cornell, Markham · MLS® N13569200

$585,000
For Sale
Listed 96 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Parking
1000-1199Sq ft

About this home

In short

  • Welcome to 20 Westmeath Lane unit 2322.
  • This charming 2 bedroom, 2 bath unit is located in the highly sought after Cornell Community.
  • Open concept living space, making it perfect for first-time home buyers or small families.
  • Comes with 1 parking spaces and 1 locker for extra storage.
  • Conveniently located close to all the amenities, you're steps away from the Cornell Community Center, Viva Bus Station & GO terminal, Highway 407, and Stouffville...

Welcome to 20 Westmeath Lane unit 2322. This charming 2 bedroom, 2 bath unit is located in the highly sought after Cornell Community. With its functional layout and spacious design, this above-ground stacked townhouse. Open concept living space, making it perfect for first-time home buyers or small families. Enjoy the beautiful terrace on the top floor. Comes with 1 parking spaces and 1 locker for extra storage. Conveniently located close to all the amenities, you're steps away from the Cornell Community Center, Viva Bus Station & GO terminal, Highway 407, and Stouffville Hospital, Walmart and more. High ranking school: Cornell Village P.S, and Bill Hogarth S.S. Don't Miss Out.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13569200
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Hwy 7 and Ninth
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$320/mo
Exposure
East
Property tax
$2,919 / 2026
Days on market
96
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Family RoomFlat3.96 × 3.95 m

laminate · large window

KitchenFlat2.74 × 3.96 m

laminate · window

BathroomFlat0.00 × 0.00 m
BathroomFlat0.00 × 0.00 m
Primary BedroomSecond3.66 × 3.05 m

Closet

LaundrySecond0.00 × 0.00 m
Bedroom 2Second2.74 × 3.35 m

closet · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Cornell, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Markham Village
$699K
Old Markham Village
$699K
Greensborough
$861K
Unionville
$893K
German Mills
$890K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,666/mo
$119KIncome needed
4.9×Price ÷ income
$615Weekly cost
$8,175Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

83%mortgage
Mortgage $2,666Property tax $243Condo fee $320Total carry $3,229

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,588per month

Mortgage amount $468,000 · 4.49% over 25 years

$117,000Down payment (20.0%)
$468,000Loan before insurance
$0CMHC premium
$3,151Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,588
Property tax
$243
Condo / maintenance fees
$320
Heating
$0
Estimated monthly cost
$3,151

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$8,175
Estimated closing costs
$8,175

Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,132/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$308,296Total interest paid
$776,296Total of all payments
Principal $468,000 Interest $308,296
YearPrincipalInterestBalance
1$10,444$20,608$457,556
2$10,918$20,134$446,638
3$11,414$19,638$435,225
4$11,932$19,120$423,293
5$12,474$18,578$410,819
6$13,040$18,012$397,779
7$13,632$17,420$384,147
8$14,251$16,801$369,896
9$14,898$16,154$354,998
10$15,575$15,477$339,423
11$16,282$14,770$323,142
12$17,021$14,031$306,121
13$17,794$13,258$288,327
14$18,602$12,450$269,725
15$19,446$11,606$250,279
16$20,329$10,723$229,950
17$21,252$9,800$208,698
18$22,217$8,835$186,481
19$23,226$7,826$163,255
20$24,280$6,771$138,974
21$25,383$5,669$113,591
22$26,535$4,516$87,056
23$27,740$3,312$59,316
24$29,000$2,052$30,316
25$30,316$735$0

At the end of your 5-year term

Total paid over the term
$155,259
Principal paid down
$57,181
Interest paid
$98,078
Balance remaining
$410,819

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
4.9%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

7.0%
Gross yield
− Property tax $2,919− Condo fees $3,840− Insurance $600− Vacancy & upkeep $4,488Net operating income $28,953

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX COMMUNITY REALTY INC.. MLS®/PropTx.

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