101 Settlement Park Avenue, Markham, ON
Cornell, Markham · MLS® N13846298
About this home
In short
- 2-story foyer, beyond which lies the formal living and dining room with hardwood floors.
- The adjoining family room offers hardwood flooring and a comfortable gathering space.
- Upstairs are three bedrooms and two renovated bathrooms.
- The large primary suite includes a walk-in closet and 4-piece bathroom with soaker tub, new vanity, and shower.
- The main bathroom has been completely renovated and has a glass shower and handheld bidet sprayer.
Welcome to Original Cornell Village, where charming streetscapes, front porches and a true neighbourhood feel make this one of Markham's most recognizable communities. This detached brick home offers plenty of space, a functional layout and several important updates, along with an opportunity to add your own style and finishing touches.A welcoming front porch leads into A. 2-story foyer, beyond which lies the formal living and dining room with hardwood floors. The upgraded kitchen features glass-front cabinetry, granite countertops and stainless steel appliances. The adjoining family room offers hardwood flooring and a comfortable gathering space. A convenient main-floor laundry/mudroom provides direct access to the backyard, and the powder room rounds out the perfect main floor layout. Upstairs are three bedrooms and two renovated bathrooms. The large primary suite includes a walk-in closet and 4-piece bathroom with soaker tub, new vanity, and shower. The main bathroom has been completely renovated and has a glass shower and handheld bidet sprayer. The finished basement adds flexibility with a recreation room, office nook, three-piece bathroom and cold room, plus two separate rooms with mirrored-door closets-ideal for guests, a home gym, additional office space, hobbies or storage.Outside, enjoy a generous backyard with a concrete patio and lawn, plus a detached two-car brick garage with an epoxy-painted floor. Walk to Cornell Village Public School and Bill Hogarth Secondary School, with parks, trails and playgrounds throughout the neighbourhood. Close to Cornell Community Centre and Library, Markham Stouffville Hospital, Cornell Bus Terminal and transit. Highway 7 and Highway 407 are minutes away, along with the shops and restaurants of Main Street Markham, with Markville Mall just a quick drive away.A great opportunity to get into Original Cornell and make a well-sized detached home your own.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13846298
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 26.25 × 111.55 ft
- Cross streets
- Hwy 7 & Ninth Line
- Parking
- 2 garage · 3 parking (detached)
- Driveway
- Lane
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Property tax
- $4,950 / 2026
- Days on market
- 19
- Listing brokerage
- RE/MAX PRIME PROPERTIES
Rooms
ceramic floor · closet · w/o to yard
ceramic floor · granite counters · stainless steel appl
broadloom · mirrored closet · california shutters
hardwood floor · window · overlooks backyard
laminate · mirrored closet
tile floor · 3 pc bath · window
laminate · window
ceramic floor · combined w/kitchen · large window
broadloom · 4 pc ensuite · walk-in closet(s)
hardwood floor · combined w/living
broadloom · mirrored closet
broadloom · mirrored closet · california shutters
hardwood floor · combined w/dining · california shutters
Listed at $999,000. 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 $986K, if it sells. A realistic range is $924K to $1.11M.
Independent value check: $1.09M. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $1.02M and $1.14M).
Why $1.09M. The typical detached home sold in Cornell over the past year went for about $1.27M (66 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,950 a year; the typical home sold here pays about $5,800.
- ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $986K, from 14 recent closings in this pocket.
The market behind the math:
About 3.2 months of inventory: 15 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $571/sqft against an area asking average of $582/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 $1.08M. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. 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
Below comparable homes on total price, yet the price per square foot ($571/sqft) is in line with the area, which usually points to a smaller or more efficient layout.
Based on 14 comparable homes that sold in Cornell over the past two years, from 143 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.09M, which is where my estimate comes from.
Per square foot, these ask about $550/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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 | $1.50M | 121 |
| November 2025 | $1.49M | 88 |
| December 2025 | $1.44M | 72 |
| January 2026 | $1.42M | 57 |
| February 2026 | $1.43M | 69 |
| March 2026 | $1.44M | 95 |
| April 2026 | $1.39M | 116 |
| May 2026 | $1.48M | 141 |
| June 2026 | $1.46M | 147 |
| July 2026 | $1.38M | 128 |
| August 2026 | $1.49M | 136 |
| September 2026 | $1.39M | 114 |
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 $799,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,419
- Property tax
- $413
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,831
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Estimated closing costs
- $16,455
Plus your down payment of $199,800. 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
- $265,135
- Principal paid down
- $97,647
- Interest paid
- $167,487
- Balance remaining
- $701,553
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 43 whole-home leases in Cornell signed at a median of $3,401 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,142. 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 PRIME PROPERTIES. MLS®/PropTx.