2704-2 Gable Hurst Way, Markham, ON
Cornell, Markham · MLS® N13729080
About this home
Welcome to this stunning modern condo townhome in the highly sought-after Cornell community, offering beautiful unobstructed views and a thoughtfully designed multi-level layout. This well-maintained home features a bright, open-concept living and dining area highlighted by floor-to-ceiling windows, abundant natural light, and elegant pot lights throughout. The modern kitchen is perfectly designed for both everyday living and entertaining. The second level is dedicated to the bedrooms, creating a comfortable separation between the living and sleeping areas while providing added privacy and peaceful open views. One of the home's standout features is the generously sized third-floor rooftop terrace-an ideal space for BBQs, outdoor dining, entertaining guests, or simply relaxing and taking in the unobstructed surroundings. Ideally located just steps from Markham Stouffville Hospital, public transit, parks, trails, and everyday shopping. Conveniently close to Cornell Bus Terminal, Cornell Community Centre & Library, Smart Centres, Markville Mall, and major highways including the 407 and 401, making commuting throughout the GTA a breeze.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- N13729080
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- Highway 7 & Ninth Line
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $331/mo
- Exposure
- East
- Property tax
- $2,942 / 2026
- Listing brokerage
- ROYAL LEPAGE IGNITE REALTY
Listed at $588,888, and my independent estimate is about 15% below comparable homes, worth a close look.
Total price vs nearby homes. Fair value about $691K, median of 12 comparables.
The market behind the math:
Price per square foot: this home lists at $536/sqft against an area asking average of $558/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 12 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $657K, a close match.
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
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($536/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
There were not many closely comparable homes right in Cornell, so I widened the search to the surrounding area.
Based on 12 comparable homes nearby.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.
Per square foot, these ask about $593/sqft; this home lists at $536/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Cornell, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.
Mortgage amount $471,110 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,540
- Property tax
- $245
- Condo / maintenance fees
- $331
- Heating
- $0
- Estimated monthly cost
- $3,116
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,253
- Estimated closing costs
- $8,253
Plus your down payment of $117,778. 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
- $152,389
- Principal paid down
- $59,293
- Interest paid
- $93,096
- Balance remaining
- $411,818
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 ROYAL LEPAGE IGNITE REALTY. MLS®/PropTx.