100 Gas Lamp Lane, Markham, ON

Cornell, Markham · MLS® N13674920

$1,128,000
For Sale
Listed 66 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 100 Gas Lamp Lane in Markham's sought-after Cornell community.
  • This immaculate 4- bedroom, 3-bathroom, 1962 sf, semi-detached home boasts low-maintenance curb appeal and a sun-filled, practical layout tailored for young families...
  • Enjoy open-concept living spaces, generous bedrooms ideal for kids or remote work, and low-upkeep exterior grounds.
  • Commuting is seamless with quick access to the Cornell Bus Terminal, Mount Joy GO Station, Hwy 407, and Hwy 404.

Welcome to 100 Gas Lamp Lane in Markham's sought-after Cornell community! This immaculate 4- bedroom, 3-bathroom, 1962 sf, semi-detached home boasts low-maintenance curb appeal and a sun-filled, practical layout tailored for young families or savvy investors. Enjoy open-concept living spaces, generous bedrooms ideal for kids or remote work, and low-upkeep exterior grounds. Located steps from top-rated schools (Bill Hogarth SS, St. Joseph, Little Rouge PS), the state-of-the-art Cornell Community Centre & Library, playgrounds, and Markham Stouffville Hospital. Commuting is seamless with quick access to the Cornell Bus Terminal, Mount Joy GO Station, Hwy 407, and Hwy 404. Moments to local cafes, dining, and Markville Mall. A turn-key home offering incredible convenience, strong rental appeal, and long-term value!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13674920
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
28.23 × 81.8 ft
Cross streets
16th Ave & Ninth Line
Parking
1 garage · 2 parking (detached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick, Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,482 / 2025
Days on market
66
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Primary BedroomSecond5.21 × 3.78 m

large window · walk-in closet(s) · ensuite bath

Living RoomGround5.97 × 3.69 m

Large Window

Bedroom 2Second3.05 × 2.90 m

large window · closet

KitchenGround6.12 × 2.77 m

breakfast area · w/o to garage · tile floor

Dining RoomGround5.49 × 3.35 m

large window · combined w/kitchen

Bedroom 4Second3.04 × 2.74 m

large window · closet

Bedroom 3Second3.14 × 3.04 m

large window · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.11Mlikely sale price

Listed at $1,128,000. Going by how homes in Cornell and the wider GTA have actually closed against their asking prices (about 98%, 13 local closings in 90 days), the likely sale price is near $1.11M, if it sells. A realistic range is $1.04M to $1.25M.

Independent value check: $908K. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $851K and $952K).

Why $908K. The typical semi-detached home sold in Cornell over the past year went for about $974K (38 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,482 a year; the typical home sold here pays about $4,300.

Longer on the market than typical. 66 days on the market against about 41 for homes like it here, and asking 24% above where comparable closings put it.

List price
$1.04MBelow recent closings$1.25MAbove recent closings

Total price vs nearby homes. Likely closing about $1.11M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$925Kmedian sold price
98%of asking, on average
−10%prices vs a year ago
~30 dayshomes like this take to sell
66days on market so far
$3,298/moest. rent · 20 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 5 semi-detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $645/sqft against an area asking average of $515/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $885K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 6 homes sold on this street over the past two years, from 77 closings in Cornell.

What sellers nearby are askingCurrently listed nearby in Cornell · asking prices
$901kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $908K, which is where my estimate comes from.

Per square foot, these ask about $515/sqft; this home lists at $645/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.13MThis home788k928k920k899k968kThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Markham: $1.00M in September 2026, down 5% from a year ago, on 173 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M19
November 2025$1.06M14
December 2025$1.04M7
January 2026$1.04M8
February 2026$1.06M5
March 2026$1.04M11
April 2026$1.08M16
May 2026$1.06M19
June 2026$1.04M22
July 2026$1.02M17
August 2026$945K15
September 2026$1.00M20

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.

Wismer
$1.12M
Bullock
$934K
Cedarwood
$1.05M
Village Green-South Unionville
$982K

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
$5,141/mo
$211KIncome needed
5.4×Price ÷ income
$1,186Weekly cost
$19,035Land 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 $5,141Property tax $374Total carry $5,515

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)
$4,990per month

Mortgage amount $902,400 · 4.49% over 25 years

$225,600Down payment (20.0%)
$902,400Loan before insurance
$0CMHC premium
$5,363Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,990
Property tax
$374
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,363

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

One-time closing costs

Ontario land transfer tax
$19,035
Estimated closing costs
$19,035

Plus your down payment of $225,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,039/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

$594,457Total interest paid
$1,496,857Total of all payments
Principal $902,400 Interest $594,457
YearPrincipalInterestBalance
1$20,138$39,737$882,262
2$21,052$38,822$861,210
3$22,008$37,866$839,202
4$23,007$36,867$816,195
5$24,052$35,823$792,143
6$25,144$34,730$767,000
7$26,285$33,589$740,714
8$27,479$32,395$713,235
9$28,727$31,148$684,509
10$30,031$29,843$654,478
11$31,394$28,480$623,083
12$32,820$27,054$590,264
13$34,310$25,564$555,954
14$35,868$24,007$520,086
15$37,496$22,378$482,589
16$39,199$20,675$443,391
17$40,979$18,896$402,412
18$42,839$17,035$359,573
19$44,784$15,090$314,789
20$46,818$13,057$267,971
21$48,943$10,931$219,028
22$51,166$8,709$167,862
23$53,489$6,386$114,373
24$55,917$3,957$58,456
25$58,456$1,418$0

At the end of your 5-year term

Total paid over the term
$299,371
Principal paid down
$110,257
Interest paid
$189,115
Balance remaining
$792,143

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
From 20 whole-home leases in Cornell$3,298/mo
$39,576Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,133 to $3,463Typical rent range

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

Talk about the numbers

The last 20 whole-home leases in Cornell signed at a median of $3,249 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,298. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.5%
Gross yield
− Property tax $4,482− Insurance $1,400− Vacancy & upkeep $4,353Net operating income $29,341

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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