83 Mikayla Lane, Markham, ON
Cornell, Markham · MLS® N13721532
About this home
In short
- Welcome To 83 Mikayla Lane.
- Beautifully Maintained 2023-Built Freehold Townhome Offering Approx.
- Above Grade, Featuring A Functional 4-Bedroom, 3-Washroom Layout Ideal For Families And Multi-Generational Living.
- Enjoy Hardwood Flooring Throughout The Main Living Areas, With Comfortable Broadloom In The Bedrooms, Fresh Paint.
- Upgraded Washer & Dryer (2024), All Existing Window Coverings, Garage Door Opener And Upgraded Interlocking Driveway Providing Parking For Up To 4 Cars Plus 1-Car Garage.
Welcome To 83 Mikayla Lane! Beautifully Maintained 2023-Built Freehold Townhome Offering Approx. 1,620 Sq. Ft. Above Grade, Featuring A Functional 4-Bedroom, 3-Washroom Layout Ideal For Families And Multi-Generational Living. Enjoy Hardwood Flooring Throughout The Main Living Areas, With Comfortable Broadloom In The Bedrooms, Fresh Paint. The Modern Kitchen Features Quartz Countertops, Stainless Steel Appliances And A Brand New Dishwasher. The two bedrooms on the third floor can be changed to a big en suite. The Convenient Ground-Level Bedroom With A Full Bath Offers Excellent Flexibility For Guests, In-Laws Or A Home Office. Step Out To The Balcony And Enjoy The Beautiful Open Farm View. Upgraded Washer & Dryer (2024), All Existing Window Coverings, Garage Door Opener And Upgraded Interlocking Driveway Providing Parking For Up To 4 Cars Plus 1-Car Garage. No POTL Fee! A Move-In Ready Freehold Home With Modern Finishes, Flexible Living Space And Plenty Of Parking - Don't Miss It!
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- N13721532
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 14.82 × 78.22 ft
- Cross streets
- Hwy 7/Donald Cousens Pkwy
- Parking
- 1 garage · 5 parking (built-in)
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $3,996 / 2026
- Days on market
- 53
- Listing brokerage
- ANJIA REALTY
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
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Cornell, Markham, ON
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Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,534
- Property tax
- $333
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,867
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Estimated closing costs
- $12,455
Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $212,055
- Principal paid down
- $78,098
- Interest paid
- $133,956
- Balance remaining
- $561,102
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ANJIA REALTY. MLS®/PropTx.