2762 Donald Cousens Parkway, Markham, ON

Cornell, Markham · MLS® N13806752

$1,138,000
For Sale
Listed 30 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

Detached 3-storey home with double car garage * Spacious and Bright upgraded living space * Facing Rouge National Urban Park * Located in highly sought-after Cornell community * 4 spacious bedrooms * 4 bathrooms * Open-concept living and dining areas * Pot lights throughout * A cozy family room on the second floor can also be used as a library or home office * 9-ft ceilings on main floor * Hardwood flooring on main level and stairs * Granite Countertop In All Bath And Kitchen * Large bright breakfast area with walkout to backyard * Walk To School, Parks, Community Centre & All Amenities, Minutes To Hwy.

Key facts

Property type
Detached, 3-Storey
MLS®
N13806752
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
29.53 × 106.09 ft
Cross streets
16th Ave & Bur Oak Ave
Parking
2 garage · 4 parking (detached)
Driveway
Lane
Basement
Full, Unfinished
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$6,020 / 2026
Days on market
30
Listing brokerage
PROMPTON REAL ESTATE SERVICES CORP.

Rooms

Bedroom 2Second3.41 × 3.05 m

large closet · large window

Bedroom 3Third3.66 × 3.35 m

large closet · large window

KitchenGround3.35 × 3.20 m

breakfast area · stainless steel appl

Family RoomSecond5.49 × 3.35 m

Large Window

Dining RoomGround6.15 × 3.35 m

hardwood floor · combined w/living · bay window

Bedroom 4Third3.84 × 3.05 m

large closet · large window

Primary BedroomSecond6.10 × 3.69 m

4 pc ensuite · walk-in closet(s) · large window

BreakfastGround2.74 × 3.20 m

w/o to yard · large window

Living RoomGround6.15 × 3.35 m

hardwood floor · large window · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.12Mlikely sale price

Listed at $1,138,000. Going by how homes in Cornell and the wider GTA have actually closed against their asking prices (about 99%, 14 local closings in 90 days), the likely sale price is near $1.12M, if it sells. A realistic range is $1.05M to $1.27M.

Independent value check: $1.15M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.08M and $1.21M).

Why $1.15M. The typical detached home sold in Cornell over the past year went for about $1.27M (66 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $6,020 a year; the typical home sold here pays about $5,800.
List price
$1.05MBelow recent closings$1.27MAbove recent closings

Total price vs nearby homes. Likely closing about $1.12M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.22Mmedian sold price
104%of asking, on average
−5%prices vs a year ago
~31 dayshomes like this take to sell
30days on market so far
$3,463/moest. rent · 61 leases
3.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.9 months of inventory: 23 detached homes for sale in the area against 14 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 $506/sqft against an area asking average of $563/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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.17M. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Cornell, so I widened the search to the surrounding area.

Based on 14 comparable homes that sold in Cornell over the past two years, from 143 closings there.

What sellers nearby are askingCurrently listed nearby in Cornell · asking prices
$1.24Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.15M, which is where my estimate comes from.

Per square foot, these ask about $550/sqft; this home lists at $506/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.14MThis home1.16M1.10M1.29M1.30M1.34MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Markham: $1.39M in September 2026, down 3% from a year ago, on 1,284 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$1.50M121
November 2025$1.49M88
December 2025$1.44M72
January 2026$1.42M57
February 2026$1.43M69
March 2026$1.44M95
April 2026$1.39M116
May 2026$1.48M141
June 2026$1.46M147
July 2026$1.38M128
August 2026$1.49M136
September 2026$1.39M114

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.

Greensborough
$1.15M
Markham Village
$1.37M
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
$5,187/mo
$217KIncome needed
5.2×Price ÷ income
$1,197Weekly cost
$19,235Land 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.

91%mortgage
Mortgage $5,187Property tax $502Total carry $5,688

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)
$5,034per month

Mortgage amount $910,400 · 4.49% over 25 years

$227,600Down payment (20.0%)
$910,400Loan before insurance
$0CMHC premium
$5,535Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,034
Property tax
$502
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,535

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

One-time closing costs

Ontario land transfer tax
$19,235
Estimated closing costs
$19,235

Plus your down payment of $227,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,093/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

$599,727Total interest paid
$1,510,127Total of all payments
Principal $910,400 Interest $599,727
YearPrincipalInterestBalance
1$20,316$40,089$890,084
2$21,239$39,166$868,845
3$22,203$38,202$846,642
4$23,211$37,194$823,431
5$24,265$36,140$799,166
6$25,367$35,038$773,799
7$26,518$33,887$747,281
8$27,723$32,683$719,558
9$28,981$31,424$690,577
10$30,297$30,108$660,280
11$31,673$28,732$628,607
12$33,111$27,294$595,496
13$34,614$25,791$560,882
14$36,186$24,219$524,696
15$37,829$22,576$486,868
16$39,546$20,859$447,321
17$41,342$19,063$405,980
18$43,219$17,186$362,761
19$45,181$15,224$317,579
20$47,233$13,172$270,347
21$49,377$11,028$220,969
22$51,619$8,786$169,350
23$53,963$6,442$115,387
24$56,413$3,992$58,974
25$58,974$1,431$0

At the end of your 5-year term

Total paid over the term
$302,025
Principal paid down
$111,234
Interest paid
$190,791
Balance remaining
$799,166

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 61 whole-home leases in Cornell$3,463/mo
$41,556Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,289 to $3,735Typical rent range
~32 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 61 whole-home leases in Cornell signed at a median of $3,552 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,463. 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.

3.7%
Gross yield
− Property tax $6,020− Insurance $1,400− Vacancy & upkeep $4,571Net operating income $29,565

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROMPTON REAL ESTATE SERVICES CORP.. MLS®/PropTx.

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