8 PORTIA Street, Markham, ON

Cornell, Markham · MLS® N13794148

$1,488,000
For Sale
Listed 32 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 3 parking
2500-3000Sq ft

About this home

In short

  • Upgraded Ceiling Heights throughout.
  • 2960 Sq Ft Of Above-Ground Living Space,Features a soaring 20 ft cathedral ceiling in the family room, a gourmet open-concept kitchen equipped with premium stainless...
  • Over $100K spent on main floor upgrades, highlighted by a stunning full-wall marble fireplace.
  • Premium Solid Hardwood Flooring Extends Throughout . custom made solid wood room door.
  • Floor heating on master room washroom and 2nd washroom .The finished basement showcases luxury marble flooring, bar with marble counter tops and backsplash, plus a...

Fully upgraded home!Upgraded Ceiling Heights throughout. 2960 Sq Ft Of Above-Ground Living Space,Features a soaring 20 ft cathedral ceiling in the family room, a gourmet open-concept kitchen equipped with premium stainless steel appliances, 10 ft ceilings on the main floor, 9 ft on the 2nd floor, and 7.5 ft in the basement. Over $100K spent on main floor upgrades, highlighted by a stunning full-wall marble fireplace.Premium Solid Hardwood Flooring Extends Throughout . custom made solid wood room door. Floor heating on master room washroom and 2nd washroom .The finished basement showcases luxury marble flooring, bar with marble counter tops and backsplash, plus a rough-in/secondary kitchen and laundry room (appliances not included). A true masterpiece of craftsmanship and luxury! Great Location:Steps From Cornell Community Centre, Parks, Top-Rated Schools, Markham Stouffville Hospital, Public Transit, Shopping, And Major Highways.

Key facts

Property type
Detached, 2-Storey
MLS®
N13794148
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
36.13 × 82.1 ft
Cross streets
16th Ave / 9th Line
Parking
2 garage · 3 parking (attached)
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,408 / 2026
Days on market
32
Listing brokerage
AIMHOME REALTY INC.

Rooms

Bedroom 2Second3.35 × 3.30 m
Living RoomGround6.30 × 4.06 m

hardwood floor · combined w/dining

FoyerGround4.06 × 2.01 m

marble counter · marble floor

Bedroom 3Second3.35 × 3.48 m

3 Pc Bath

KitchenBasement
LaundryBasement0.00 × 0.00 m
BedroomSecond6.33 × 5.36 m

5 pc ensuite · hardwood floor

Family RoomGround4.80 × 4.53 m

Marble Fireplace

Dining RoomGround6.30 × 4.06 m

Combined w/Living

KitchenGround7.01 × 3.79 m

backsplash · quartz counter · w/o to garage

Bedroom 4Second3.45 × 2.80 m
RecreationBasement0.00 × 0.00 m
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

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Markham Village
$1.37M
Greensborough
$1.15M
Sherwood-Amberglen
$1.18M
Raymerville
$1.68M
Wismer
$1.53M

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
$6,782/mo
$281KIncome needed
5.3×Price ÷ income
$1,565Weekly cost
$26,235Land 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 $6,782Property tax $617Total carry $7,399

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,582per month

Mortgage amount $1,190,400 · 4.49% over 25 years

$297,600Down payment (20.0%)
$1,190,400Loan before insurance
$0CMHC premium
$7,199Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,582
Property tax
$617
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,199

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

One-time closing costs

Ontario land transfer tax
$26,235
Estimated closing costs
$26,235

Plus your down payment of $297,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,966/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

$784,178Total interest paid
$1,974,578Total of all payments
Principal $1,190,400 Interest $784,178
YearPrincipalInterestBalance
1$26,565$52,418$1,163,835
2$27,771$51,212$1,136,065
3$29,032$49,951$1,107,033
4$30,350$48,633$1,076,683
5$31,728$47,255$1,044,955
6$33,168$45,815$1,011,787
7$34,674$44,309$977,112
8$36,249$42,734$940,863
9$37,895$41,088$902,969
10$39,615$39,368$863,354
11$41,414$37,569$821,940
12$43,294$35,689$778,646
13$45,260$33,723$733,386
14$47,315$31,668$686,071
15$49,463$29,520$636,607
16$51,709$27,274$584,898
17$54,057$24,926$530,841
18$56,511$22,472$474,330
19$59,077$19,906$415,253
20$61,759$17,224$353,494
21$64,564$14,420$288,930
22$67,495$11,488$221,435
23$70,560$8,424$150,876
24$73,763$5,220$77,112
25$77,112$1,871$0

At the end of your 5-year term

Total paid over the term
$394,916
Principal paid down
$145,445
Interest paid
$249,471
Balance remaining
$1,044,955

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.

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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$5,250/mo
$63,000Gross annual rent
3.2%Cap rate after taxes and upkeep

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.

4.2%
Gross yield
− Property tax $7,408− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,262

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

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