76 Riverlands Avenue, Markham, ON

Cornell, Markham · MLS® N13645754

$1,398,888
For Sale
Listed 74 days agoNo offer date statedSitting longer than typical
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4+3Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • CORNER-LOT 2 STOREY DETACHED HOME WITH DETACHED DOUBLE GARAGE IN CORNELL.
  • This spacious and elegant detached home offers 4 bedrooms, 4 bathrooms, and over 3,000 sq. ft. of finished living space.
  • The finished basement provides three additional bedrooms, a full bathroom, and versatile living space ideal for extended family, guests, recreation, or a home office.
  • Enjoy the exceptional convenience of a rare 2-car detached garage, private outdoor space, and a desirable corner-lot setting.

CORNER-LOT 2 STOREY DETACHED HOME WITH DETACHED DOUBLE GARAGE IN CORNELL! This spacious and elegant detached home offers 4 bedrooms, 4 bathrooms, and over 3,000 sq. ft. of finished living space. Featuring an updated kitchen and updated bathrooms, this home combines style, comfort, and functionality for today's modern family. The bright and well-designed main floor offers generous living and dining areas, a comfortable family room, a beautifully updated kitchen, and a welcoming breakfast area. Upstairs features four spacious bedrooms, including a primary retreat with excellent closet space and a private ensuite.The finished basement provides three additional bedrooms, a full bathroom, and versatile living space ideal for extended family, guests, recreation, or a home office. Enjoy the exceptional convenience of a rare 2-car detached garage, private outdoor space, and a desirable corner-lot setting. Located in a highly sought-after Cornell community, just minutes from Markham Stouffville Hospital, Cornell Community Centre & Library, Cornell Bus Terminal, Mount Joy and Markham GO stations, top-rated schools, parks, shopping, and transit. A rare opportunity to own a spacious, move-in-ready home in one of Markham's most desirable neighbourhoods!

Key facts

Property type
Detached, 2-Storey
MLS®
N13645754
Bedrooms
4+3 (7 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
33.5 × 90.61 ft
Cross streets
Hwy 7 & 9th Line
Parking
2 garage · 4 parking (detached)
Driveway
Lane
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,393 / 2025
Days on market
74
Listing brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Rooms

Dining RoomMain3.30 × 3.50 m

hardwood floor · combined w/living

Family RoomMain5.38 × 4.20 m

vinyl floor · open concept · picture window

Living RoomMain3.83 × 3.50 m

hardwood floor · combined w/dining

BreakfastMain3.58 × 2.67 m

vinyl floor · w/o to patio · w/o to yard

Bedroom 3Second3.63 × 3.18 m

broadloom · large closet

Primary BedroomSecond5.37 × 4.25 m

walk-in closet(s) · 5 pc ensuite

Bedroom 4Second3.13 × 2.43 m

broadloom · closet

Bedroom 2Second4.30 × 3.35 m

broadloom · large closet

KitchenMain4.09 × 3.57 m

vinyl floor · pantry · walk-out

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

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Nearby neighbourhoods

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

Markham Village
$1.37M
Sherwood-Amberglen
$1.18M
Greensborough
$1.15M
Raymerville
$1.68M
Bullock
$1.10M

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
$6,376/mo
$260KIncome needed
5.4×Price ÷ income
$1,471Weekly cost
$24,453Land 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.

93%mortgage
Mortgage $6,376Property tax $449Total carry $6,825

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,188per month

Mortgage amount $1,119,110 · 4.49% over 25 years

$279,778Down payment (20.0%)
$1,119,110Loan before insurance
$0CMHC premium
$6,637Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,188
Property tax
$449
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,637

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

One-time closing costs

Ontario land transfer tax
$24,453
Estimated closing costs
$24,453

Plus your down payment of $279,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,489/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

$737,216Total interest paid
$1,856,326Total of all payments
Principal $1,119,110 Interest $737,216
YearPrincipalInterestBalance
1$24,974$49,279$1,094,137
2$26,108$48,145$1,068,029
3$27,293$46,960$1,040,736
4$28,532$45,721$1,012,204
5$29,828$44,425$982,376
6$31,182$43,071$951,194
7$32,598$41,655$918,596
8$34,078$40,175$884,518
9$35,625$38,628$848,893
10$37,243$37,010$811,650
11$38,934$35,319$772,716
12$40,701$33,552$732,015
13$42,549$31,704$689,465
14$44,481$29,772$644,984
15$46,501$27,752$598,483
16$48,612$25,641$549,870
17$50,820$23,433$499,051
18$53,127$21,126$445,924
19$55,539$18,714$390,385
20$58,061$16,192$332,324
21$60,697$13,556$271,627
22$63,453$10,800$208,174
23$66,334$7,919$141,840
24$69,346$4,907$72,494
25$72,494$1,759$0

At the end of your 5-year term

Total paid over the term
$371,265
Principal paid down
$136,735
Interest paid
$234,531
Balance remaining
$982,376

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$4,200/mo
$50,400Gross annual rent
2.7%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.

3.6%
Gross yield
− Property tax $5,393− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $38,063

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE SUPERSTARS REAL ESTATE LIMITED. MLS®/PropTx.

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