478 Arthur Bonner Avenue, Markham, ON

Cornell, Markham · MLS® N13814688

$849,900
For Sale
Listed 27 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1400-1599Sq ft

About this home

In short

  • END-UNIT townhouse offering approx 1,527 sq. ft., with a BUILT-IN GARAGE, driveway parking and an EV CHARGER already installed.
  • Features 9 ft. ceilings, 3 bedrooms, 3 bathrooms, an open-concept main living area, an eat-in kitchen and NO CARPET throughout.
  • Conveniently located near parks, the community centre, library, Markham Stouffville Hospital, transit, Hwy 7 and Hwy 407. SCHOOL OPTIONS: Rouge Park P.S. and Bill...

END-UNIT townhouse offering approx 1,527 sq. ft., with a BUILT-IN GARAGE, driveway parking and an EV CHARGER already installed. Features 9 ft. ceilings, 3 bedrooms, 3 bathrooms, an open-concept main living area, an eat-in kitchen and NO CARPET throughout. Freshly painted with updated light fixtures, a Nest thermostat and security cameras that connect directly to your phone-no subscription required. Conveniently located near parks, the community centre, library, Markham Stouffville Hospital, transit, Hwy 7 and Hwy 407. **SCHOOL OPTIONS: Rouge Park P.S. and Bill Hogarth S.S., along with French Immersion, Regional Arts and IB program pathways.**

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
N13814688
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Highway 7/9th Line
Parking
1 garage · 2 parking (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$191/mo
Exposure
South
Property tax
$3,931 / 2026
Days on market
27
Listing brokerage
PROPERTY.CA INC.

Rooms

Bedroom 2Second2.44 × 2.77 m

window · closet · laminate

Family RoomGround3.79 × 3.23 m

w/o to garage · combined w/laundry · closet

LaundryMain

Ceramic Floor

Living RoomMain5.55 × 4.91 m

b/i shelves · large window · laminate

Living RoomSecond

laminate · balcony · large window

Primary BedroomThird

vinyl floor · balcony · 4 pc bath

KitchenSecond

laminate · open concept · stainless steel appl

Bedroom 2Third

vinyl floor · window · closet

Dining RoomSecond

laminate · large window

Bedroom 3Second2.59 × 3.02 m

window · closet · laminate

KitchenMain3.29 × 2.74 m

stainless steel appl · breakfast bar · tile floor

Bedroom 3Third

vinyl floor · window · closet

Dining RoomMain5.55 × 4.91 m

w/o to terrace · french doors · laminate

Primary BedroomSecond3.96 × 2.74 m

3 pc ensuite · w/o to balcony · walk-in closet(s)

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
What sellers nearby are askingCurrently listed nearby in Cornell · asking prices
$590kavg asking

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 $477/sqft; this home lists at $567/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
850kThis home735k449k585kThis home vs active comparables

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.

Markham Village
$699K
Greensborough
$861K
Old Markham Village
$699K
Unionville
$893K
German Mills
$890K

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
$3,874/mo
$165KIncome needed
5.2×Price ÷ income
$894Weekly cost
$13,473Land 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.

88%mortgage
Mortgage $3,874Property tax $328Condo fee $191Total carry $4,393

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)
$3,759per month

Mortgage amount $679,920 · 4.49% over 25 years

$169,980Down payment (20.0%)
$679,920Loan before insurance
$0CMHC premium
$4,278Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,759
Property tax
$328
Condo / maintenance fees
$191
Heating
$0
Estimated monthly cost
$4,278

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

One-time closing costs

Ontario land transfer tax
$13,473
Estimated closing costs
$13,473

Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,550/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

$447,898Total interest paid
$1,127,818Total of all payments
Principal $679,920 Interest $447,898
YearPrincipalInterestBalance
1$15,173$29,940$664,747
2$15,862$29,251$648,885
3$16,582$28,531$632,303
4$17,335$27,778$614,968
5$18,122$26,991$596,846
6$18,945$26,168$577,902
7$19,805$25,308$558,097
8$20,704$24,409$537,392
9$21,644$23,468$515,748
10$22,627$22,486$493,121
11$23,654$21,458$469,467
12$24,728$20,384$444,738
13$25,851$19,262$418,887
14$27,025$18,088$391,863
15$28,252$16,861$363,611
16$29,535$15,578$334,076
17$30,876$14,237$303,200
18$32,277$12,835$270,923
19$33,743$11,370$237,180
20$35,275$9,838$201,905
21$36,877$8,236$165,028
22$38,551$6,562$126,477
23$40,301$4,811$86,176
24$42,131$2,981$44,044
25$44,044$1,069$0

At the end of your 5-year term

Total paid over the term
$225,564
Principal paid down
$83,074
Interest paid
$142,490
Balance remaining
$596,846

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
Estimate$4,750/mo
$57,000Gross annual rent
5.2%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.

6.7%
Gross yield
− Property tax $3,931− Condo fees $2,298− Insurance $600− Vacancy & upkeep $6,270Net operating income $43,902

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

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