273 William Forster Road, Markham, ON

Cornell, Markham · MLS® N13705402

$1,159,000
For Sale
Listed 56 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1Garage · 3 parking
2000-2500Sq ft

About this home

In short

  • Step into this beautifully refreshed detached home in Markham's premier Cornell community.
  • The interior has been extensively updated with custom kitchen and premium new flooring throughout the upper level.
  • The main floor offers a bright, open-concept layout with a large family room and a contemporary kitchen equipped with stainless steel appliances A key feature is the...
  • Upstairs, the home continues to impress with its fresh flooring and a primary retreat featuring a private ensuite.

Step into this beautifully refreshed detached home in Markham's premier Cornell community. Built by Forest Hill, this spacious residence features four bedrooms and four bathrooms, perfect for modern family living. The interior has been extensively updated with custom kitchen and premium new flooring throughout the upper level. The main floor offers a bright, open-concept layout with a large family room and a contemporary kitchen equipped with stainless steel appliances A key feature is the convenient side door entry, positioned just a simple wall away from creating a completely separate entrance to the basement-offering massive potential for a future in-law suite or rental income. Upstairs, the home continues to impress with its fresh flooring and a primary retreat featuring a private ensuite. Located in a top-tier school district near Cornell Village Public School and Bill Hogarth Secondary, you are just steps from the upcoming flagship community park, diverse shopping, transit, and major highways. This move-in-ready home perfectly blends modern luxury with significant future potential.

Key facts

Property type
Detached, 2-Storey
MLS®
N13705402
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
29.53 × 79.46 ft
Cross streets
Hwy7/Donald Cousens Pkwy
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Separate Entrance, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,637 / 2025
Days on market
56
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

BreakfastFlat3.96 × 2.64 m

ceramic floor · window

Dining RoomFlat3.45 × 6.25 m

hardwood floor · combined w/living

Bedroom 4Second3.00 × 3.45 m

4 pc ensuite · vinyl floor · closet

RecreationBasement0.00 × 0.00 m

Open Concept

Primary BedroomSecond5.03 × 4.27 m

vinyl floor · 5 pc ensuite · walk-in closet(s)

Family RoomFlat3.45 × 5.18 m

hardwood floor · fireplace · window

Bedroom 3Second3.15 × 2.79 m

vinyl floor · window · closet

LaundrySecond0.00 × 0.00 m
Living RoomFlat3.45 × 6.25 m

hardwood floor · combined w/dining · window

KitchenFlat3.40 × 3.96 m

ceramic floor · stainless steel appl · granite counters

Bedroom 2Second3.35 × 3.66 m

vinyl floor · window · closet

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.

Sherwood-Amberglen
$1.18M
Markham Village
$1.37M
Greensborough
$1.16M
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
$5,282/mo
$219KIncome needed
5.3×Price ÷ income
$1,219Weekly cost
$19,655Land 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 $5,282Property tax $470Total carry $5,752

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)
$5,127per month

Mortgage amount $927,200 · 4.49% over 25 years

$231,800Down payment (20.0%)
$927,200Loan before insurance
$0CMHC premium
$5,596Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,127
Property tax
$470
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,596

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

One-time closing costs

Ontario land transfer tax
$19,655
Estimated closing costs
$19,655

Plus your down payment of $231,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,205/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

$610,794Total interest paid
$1,537,994Total of all payments
Principal $927,200 Interest $610,794
YearPrincipalInterestBalance
1$20,691$40,829$906,509
2$21,631$39,889$884,878
3$22,613$38,907$862,265
4$23,639$37,880$838,626
5$24,713$36,807$813,913
6$25,835$35,685$788,078
7$27,008$34,512$761,071
8$28,234$33,286$732,837
9$29,516$32,004$703,320
10$30,856$30,664$672,464
11$32,257$29,263$640,207
12$33,722$27,798$606,485
13$35,253$26,267$571,232
14$36,854$24,666$534,379
15$38,527$22,993$495,852
16$40,276$21,244$455,576
17$42,105$19,415$413,471
18$44,016$17,503$369,455
19$46,015$15,505$323,440
20$48,104$13,415$275,335
21$50,288$11,231$225,047
22$52,572$8,948$172,475
23$54,959$6,561$117,517
24$57,454$4,066$60,063
25$60,063$1,457$0

At the end of your 5-year term

Total paid over the term
$307,599
Principal paid down
$113,287
Interest paid
$194,312
Balance remaining
$813,913

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
3.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.3%
Gross yield
− Property tax $5,637− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,819

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

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