97 Cornell Centre Boulevard, Markham, ON

Cornell, Markham · MLS® N13743098

$899,000
For Sale
Listed 46 days agoNo offer date stated
Request a showing
◎ Directions
3Bedrooms
4Bathrooms
1.5Garage · 2.5 parking
2000-2500Sq ft

About this home

In short

  • Absolutely Freehold Townhouse (No Condo Or Common Element Fee) Located In Desirable Cornell Community.
  • This Beautiful 3 Br 4 Wr Townhouse Situated On A Premium End Unit Lot Just Like A Semi-Detached Over 2500 sqft Living Space.
  • Open Concept Kitchen Design Seamlessly Connects To A Large Eat-In Breakfast Area That Walks Out To A Huge Private Terrace Perfect For Entertaining, Gatherings And...
  • In the Professionally Finished Basement (about 487 Sqft), An In-law Suite Offers A Studio Area, Living Room & 3pc Bathroom, Complete With A Fully Equipped Kitchen.
  • Close To Schools, Hospital, Public Transit, Cornell Community Center, Library, Golf, Viva, York and GO Transit, Markham/Stouffville Hospital, Downtown Markham, Hwy 7...

Absolutely Freehold Townhouse (No Condo Or Common Element Fee) Located In Desirable Cornell Community. This Beautiful 3 Br 4 Wr Townhouse Situated On A Premium End Unit Lot Just Like A Semi-Detached Over 2500 sqft Living Space. Lots Of Windows & Natural Light. The Spacious Area At Ground Floor Provides A Perfect Space For Gym Room /Office/ Family Rom/ Homework Area For The Kids Or Can Be Easily Converted To The 4th Bedroom. Direct Access To Garage Through A Functional Laundry Room /Mudroom With Custom Built Cabinet. The Generously Sized Great Room Is Ideal For Entertaining, While The Sun-Filled Living And Dinning Room Is Perfect For Cozy Evenings . 9' Ceiling On Ground and Main Floor, Pot Lights, Large Centre Island, Backsplash, Under- Cabinet Lighting, Abundant and Well -Organized Storage Areas, Upgraded Counter Tops In All Bathrooms, Laminate Floors, Oak Staircase & Railing. Open Concept Kitchen Design Seamlessly Connects To A Large Eat-In Breakfast Area That Walks Out To A Huge Private Terrace Perfect For Entertaining, Gatherings And Offering A Peaceful Retreat At The End Of The Day. Master Bedroom Featuring With A Spa - Like 4 Piece En-Suite, W/I Closet & Walk Out To Balcony. Extra Wide 1.5 Car Garage + Private Driveway & Beautiful Landscaping In The Front. In the Professionally Finished Basement (about 487 Sqft), An In-law Suite Offers A Studio Area, Living Room & 3pc Bathroom, Complete With A Fully Equipped Kitchen. This Is Ideal For Accommodating Guests Or Extended Family Members, Also Providing Excellent Potential For A Future Rental Income. The Neighborhood Is Known For Its Quiet, Pedestrian Friendly Streets, Numerous Parks And Exceptional Convenience. Close To Schools, Hospital, Public Transit, Cornell Community Center, Library, Golf, Viva, York and GO Transit, Markham/Stouffville Hospital, Downtown Markham, Hwy 7, 407, Markville Mall ! Mins To Top Ranking Bill Hogarth Secondary School. Don't Miss It!

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13743098
Bedrooms
3
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
20.34 × 82.5 ft
Cross streets
North of Hwy 7
Parking
1.5 garage · 2.5 parking (built-in)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,936 / 2026
Days on market
46
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomMain4.24 × 5.18 m

laminate · combined w/dining · open concept

Primary BedroomUpper4.24 × 3.53 m

4 pc ensuite · b/i closet · w/o to balcony

Dining RoomMain4.24 × 5.18 m

laminate · combined w/living · large window

Bedroom 3Upper4.24 × 2.44 m

laminate · closet · large window

Bedroom 2Upper2.44 × 2.74 m

laminate · 4 pc bath · closet

Great RoomMain4.24 × 4.57 m

laminate · sliding doors · w/o to deck

KitchenMain4.24 × 3.46 m

ceramic floor · centre island · pot lights

Family RoomGround4.24 × 5.18 m

laminate · large window · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$880Klikely sale price

Listed at $899,000. 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 $880K, if it sells. A realistic range is $825K to $992K.

Independent value check: $974K. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $912K and $1.02M).

Why $974K. 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 $4,936 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 slightlyThe listing describes it as fully renovated or newly built.
List price
$825KBelow recent closings$992KAbove recent closings

Total price vs nearby homes. Likely closing about $880K, 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
46days on market so far
$3,316/moest. rent · 5 leases
4.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 15 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 $400/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 $1.03M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 4 homes sold on this street over the past two years, plus 1 nearby in Cornell, from 165 closings in Cornell.

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
$4,097/mo
$173KIncome needed
5.2×Price ÷ income
$946Weekly cost
$14,455Land 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.

91%mortgage
Mortgage $4,097Property tax $411Total carry $4,509

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)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,388Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$411
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,388

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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$3,316/mo
$39,792Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,918 to $3,714Typical 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 $3,258 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,316. 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.

4.4%
Gross yield
− Property tax $4,936− Insurance $1,400− Vacancy & upkeep $4,377Net operating income $29,079

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

CallRequest a showing