241 Rustle Woods Avenue, Markham, ON

Cornell, Markham · MLS® N13697576

$948,800
For Sale
Listed 60 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
2Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Welcome To This FREEHOLD Double Car Garage Townhouse Finished With Stylish Stucco & Brick Exterior, A Large Rooftop Terrace, And NO MAINTENANCE FEES.
  • The Upper Level Hosts 3 Generous Bedrooms And 2 Bathrooms, Including A Primary Suite With 3pc Ensuite, Walk-In Close & Walk-Out To Balcony, Plus A 3rd Bedroom With...
  • Water Tank Owned(March 2026).
  • This Home Is Close To Top-ranking Schools And Markham Stouffville Hospital, Cornell Community Centre, Cornell Library, Cornell Bus Terminal, Grocery Stores...

Welcome To This FREEHOLD Double Car Garage Townhouse Finished With Stylish Stucco & Brick Exterior, A Large Rooftop Terrace, And NO MAINTENANCE FEES. Bright & Efficient Layout With Large Windows And Custom Blinds, Featuring A Spacious Living Room And An Open Dining Area That Walks Out To Balcony. Good Size Kitchen Includes Stainless Steel Appliances, Double Sink And Breakfast Bar. The Ground Floor Provides An Open Family Room That Also Works Perfectly As A Home Office. The Upper Level Hosts 3 Generous Bedrooms And 2 Bathrooms, Including A Primary Suite With 3pc Ensuite, Walk-In Close & Walk-Out To Balcony, Plus A 3rd Bedroom With Its Own Walk-In Closet. Includes a Basement. Water Tank Owned(March 2026). This Home Is Close To Top-ranking Schools And Markham Stouffville Hospital, Cornell Community Centre, Cornell Library, Cornell Bus Terminal, Grocery Stores, Restaurants, And Everyday Conveniences.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13697576
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
19.82 × 54.79 ft
Cross streets
Hwy 7/Ninth Line
Parking
2 garage · 3 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$4,711 / 2026
Days on market
60
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

Living RoomMain5.79 × 3.66 m

large window · open concept

DenMain3.15 × 2.59 m

Open Concept

Bedroom 3Upper3.25 × 2.84 m

walk-in closet(s) · large window

Family RoomGround4.06 × 3.15 m

large window · open concept

KitchenMain3.66 × 2.54 m

stainless steel coun · double sink · breakfast bar

Bedroom 2Upper3.71 × 2.84 m

double closet · large window

Dining RoomMain3.30 × 2.90 m

large window · open concept · w/o to balcony

Primary BedroomUpper4.15 × 3.57 m

3 pc ensuite · walk-in closet(s) · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$929Klikely sale price

Listed at $948,800. Going by how homes in Cornell and the wider GTA have actually closed against their asking prices (about 98%, 19 local closings in 90 days), the likely sale price is near $929K, if it sells. A realistic range is $871K to $1.05M.

Independent value check: $946K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $886K and $991K).

Why $946K. The typical townhouse sold in Cornell over the past year went for about $921K (75 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,711 a year; the typical home sold here pays about $4,200.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it slightly2 garage and 3 total parking spaces, against 1 and 3 typically.
List price
$871KBelow recent closings$1.05MAbove recent closings

Total price vs nearby homes. Likely closing about $929K, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$900Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~20 dayshomes like this take to sell
60days on market so far
$3,134/moest. rent · 5 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 14 townhouse homes for sale in the area against 19 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 $422/sqft against an area asking average of $494/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.00M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 8 homes sold on this street over the past two years, from 165 closings in Cornell.

What sellers nearby are askingCurrently listed nearby in Cornell · asking prices
$1.01Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $449/sqft; this home lists at $422/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
949kThis home979k1.06M899k1.10MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Markham: $912K in September 2026, down 10% from a year ago, on 460 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$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

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.

Cedar Grove
$853K
Greensborough
$866K
Cedarwood
$976K
Middlefield
$985K
Wismer
$1.00M

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
$4,324/mo
$181KIncome needed
5.3×Price ÷ income
$998Weekly cost
$15,451Land 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.

92%mortgage
Mortgage $4,324Property tax $393Total carry $4,717

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)
$4,197per month

Mortgage amount $759,040 · 4.49% over 25 years

$189,760Down payment (20.0%)
$759,040Loan before insurance
$0CMHC premium
$4,589Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,197
Property tax
$393
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,589

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

One-time closing costs

Ontario land transfer tax
$15,451
Estimated closing costs
$15,451

Plus your down payment of $189,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,080/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

$500,019Total interest paid
$1,259,059Total of all payments
Principal $759,040 Interest $500,019
YearPrincipalInterestBalance
1$16,939$33,424$742,101
2$17,708$32,655$724,394
3$18,512$31,851$705,882
4$19,352$31,010$686,530
5$20,231$30,132$666,299
6$21,149$29,213$645,150
7$22,110$28,253$623,040
8$23,113$27,249$599,927
9$24,163$26,199$575,764
10$25,260$25,102$550,504
11$26,407$23,955$524,097
12$27,606$22,756$496,491
13$28,859$21,503$467,632
14$30,170$20,193$437,462
15$31,539$18,823$405,923
16$32,971$17,391$372,951
17$34,469$15,894$338,483
18$36,034$14,329$302,449
19$37,670$12,693$264,780
20$39,380$10,982$225,400
21$41,168$9,194$184,232
22$43,037$7,325$141,195
23$44,991$5,371$96,203
24$47,034$3,328$49,170
25$49,170$1,193$0

At the end of your 5-year term

Total paid over the term
$251,812
Principal paid down
$92,741
Interest paid
$159,071
Balance remaining
$666,299

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 5 whole-home leases in Cornell$3,134/mo
$37,608Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,758 to $3,510Typical rent range
~20 daysTo find a tenant, on average

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 5 whole-home leases in Cornell signed at a median of $3,234 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,134. 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.

4.0%
Gross yield
− Property tax $4,711− Insurance $1,400− Vacancy & upkeep $4,137Net operating income $27,360

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

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