16 White's Hill Avenue, Markham, ON
Cornell, Markham · MLS® N13808466
About this home
In short
- Welcome to this Beautifully maintained and updated freehold 3-bed townhouse in the highly desirable Cornell community of Markham.
- Bright and cozy, This home features a functional open-concept layout, large windows, and wood flooring throughout.
- The spacious kitchen includes a comfortable eat-in area, updated quartz countertop, and New stainless steel appliances(2026).
- The bathrooms have been refreshed with updated countertops and light fixtures, while new Zebra blinds and window coverings were installed in 2025.The finished...
- Located in family-friendly Cornell, close to top-rated schools, Cornell Community Centre & Library, parks, trails, Markham Stouffville Hospital, GO Station, Hwy 7...
Welcome to this Beautifully maintained and updated freehold 3-bed townhouse in the highly desirable Cornell community of Markham. Bright and cozy, This home features a functional open-concept layout, large windows, and wood flooring throughout. The spacious kitchen includes a comfortable eat-in area, updated quartz countertop, and New stainless steel appliances(2026). All 3 bedrooms are good sized, and additionally a spacious walk-in closet in the primary bedroom. The bathrooms have been refreshed with updated countertops and light fixtures, while new Zebra blinds and window coverings were installed in 2025.The finished basement offers a generous recreation space along with an additional 4-piece bathroom, providing extra room for family time, guests, a home office, or hobbies. Step outside to the fully fenced backyard with patio deck - a wonderful space to enjoy your morning coffee, summer BBQs, or time with family and friends.Located in family-friendly Cornell, close to top-rated schools, Cornell Community Centre & Library, parks, trails, Markham Stouffville Hospital, GO Station, Hwy 7, Hwy 407, shopping, restaurants, and everyday amenities.Excellent location, great schools, no maintenance fees, and a lovingly cared home - a must see! *Top Ranking Schools(Cornell Village Ps, Fred Varley Ps, Bill Hogarth Ss)*
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13808466
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 18.5 × 109.91 ft
- Cross streets
- Ninth Line & 16th Ave
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Available
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $3,764 / 2025
- Days on market
- 28
- Listing brokerage
- RE/MAX ACE REALTY INC.
Rooms
laminate · large closet · large window
laminate · ceiling fan(s) · walk-in closet(s)
tile floor · closet
pot lights · laminate · window
laminate · large closet · large window
laminate · ceiling fan(s) · combined w/living
tile floor · stainless steel appl · eat-in kitchen
laminate · large window · combined w/dining
B/I Shelves
Listed at $818,888. 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 $802K, if it sells. A realistic range is $751K to $904K.
Independent value check: $833K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $781K and $873K).
Why $833K. The typical townhouse sold in Cornell over the past year went for about $921K (75 sales). What sets this one apart:
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
Total price vs nearby homes. Likely closing about $802K, from 19 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 5 townhouse homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $630/sqft against an area asking average of $621/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 $803K. 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 18 homes sold on this street over the past two years, from 165 closings in Cornell.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $833K, which is where my estimate comes from.
Per square foot, these ask about $621/sqft; this home lists at $630/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 53 |
| November 2025 | $1.07M | 36 |
| December 2025 | $1.14M | 29 |
| January 2026 | $1.02M | 28 |
| February 2026 | $1.10M | 23 |
| March 2026 | $1.00M | 33 |
| April 2026 | $1.03M | 37 |
| May 2026 | $1.02M | 56 |
| June 2026 | $953K | 53 |
| July 2026 | $979K | 42 |
| August 2026 | $997K | 38 |
| September 2026 | $912K | 32 |
Neighbourhood & 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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $655,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,622
- Property tax
- $314
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,936
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,853
- Estimated closing costs
- $12,853
Plus your down payment of $163,778. 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
- $217,333
- Principal paid down
- $80,042
- Interest paid
- $137,291
- Balance remaining
- $575,068
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 numbersThe last 7 whole-home leases in Cornell signed at a median of $3,086 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,602. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ACE REALTY INC.. MLS®/PropTx.