908-2 Blanche Lane, Markham, ON

Cornell, Markham · MLS® N13856904

$549,888
For Sale
Listed 17 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Beautiful Condo Town House In High Demand Cornell Community.
  • Spacious 2 Bedroom With 2 Washrooms.

Beautiful Condo Town House In High Demand Cornell Community. Spacious 2 Bedroom With 2 Washrooms. One Parking And One Lockers Owned. Beautifully Designed Living Space, Designed With Both Family And Living And Entertaining In Mind. Freshly Painted The Full House. S/S Appliances. HEATED ROOF TOP TERRACE For Relaxing And Entertainment With Your Family And Frieds.... Affortable For The New Commers, First Time Home Buyers. Dont Miss This Opportunity To See. . Thanks For Showing...

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13856904
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Highway 7/9th Line
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$331/mo
Exposure
North East
Property tax
$2,949 / 2026
Days on market
17
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Great RoomMain3.66 × 6.07 m

laminate · open concept · large window

Primary BedroomSecond3.66 × 3.26 m

laminate · double closet · window

KitchenMain2.19 × 3.96 m

ceramic floor · stainless steel appl · centre island

Bedroom 2Second3.29 × 2.53 m

laminate · closet · window

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

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
Old Markham Village
$699K
Greensborough
$861K
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
$2,506/mo
$113KIncome needed
4.9×Price ÷ income
$578Weekly cost
$7,473Land 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.

81%mortgage
Mortgage $2,506Property tax $246Condo fee $331Total carry $3,083

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,432per month

Mortgage amount $439,910 · 4.49% over 25 years

$109,978Down payment (20.0%)
$439,910Loan before insurance
$0CMHC premium
$3,009Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,432
Property tax
$246
Condo / maintenance fees
$331
Heating
$0
Estimated monthly cost
$3,009

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

One-time closing costs

Ontario land transfer tax
$7,473
Estimated closing costs
$7,473

Plus your down payment of $109,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,944/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

$289,792Total interest paid
$729,702Total of all payments
Principal $439,910 Interest $289,792
YearPrincipalInterestBalance
1$9,817$19,371$430,093
2$10,263$18,925$419,831
3$10,729$18,459$409,102
4$11,216$17,972$397,886
5$11,725$17,463$386,161
6$12,257$16,931$373,904
7$12,814$16,374$361,090
8$13,396$15,792$347,695
9$14,004$15,184$333,691
10$14,640$14,548$319,051
11$15,304$13,884$303,747
12$15,999$13,189$287,747
13$16,726$12,462$271,021
14$17,485$11,703$253,536
15$18,279$10,909$235,257
16$19,109$10,079$216,148
17$19,977$9,211$196,172
18$20,884$8,304$175,288
19$21,832$7,356$153,456
20$22,823$6,365$130,633
21$23,859$5,329$106,774
22$24,943$4,245$81,831
23$26,075$3,113$55,756
24$27,259$1,929$28,497
25$28,497$691$0

At the end of your 5-year term

Total paid over the term
$145,940
Principal paid down
$53,749
Interest paid
$92,191
Balance remaining
$386,161

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$3,400/mo
$40,800Gross 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.

7.4%
Gross yield
− Property tax $2,949− Condo fees $3,976− Insurance $600− Vacancy & upkeep $4,488Net operating income $28,787

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

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