2 Frank Davis Street, Markham, ON
Cornell, Markham · MLS® N13875934
About this home
In short
- PRIME CORNELL END-UNIT CORNER LOT.
- Features a popular open-concept layout with newly updated main & 2nd floors, modern light fixtures, and quality harringbone flooring throughout principal living spaces.
- The fully finished basement expands your living space with 2 additional bedrooms, a large rec area, and a 4-piece bath-ideal for extended family or a home office -...
PRIME CORNELL END-UNIT CORNER LOT! Exceptionally bright & sunny home - East, South and Western exposure - packed with upgrades in one of Markham's most sought-after family neighbourhoods. Features a popular open-concept layout with newly updated main & 2nd floors, modern light fixtures, and quality harringbone flooring throughout principal living spaces. Beautifully updated kitchen with sleek stainless steel appliances, modern finishes, and a spacious eat-in breakfast area. The fully finished basement expands your living space with 2 additional bedrooms, a large rec area, and a 4-piece bath-ideal for extended family or a home office - possible to convert to basement apartment! Step outside to a beautifully landscaped, low-maintenance paved backyard framed by mature garden beds. Unbeatable location-walk to Markham Stouffville Hospital, Cornell Community Centre & Library, top schools, several parks, and the Cornell Bus Terminal. Smart home features included! Come see this turn-key fabulous house and call it your home.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13875934
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 32.35 × 90.21 ft
- Cross streets
- HWY 7 x 9th Line
- Parking
- 2 garage · 3 parking (detached)
- Basement
- Finished, Full, Development Potential
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,595 / 2026
- Days on market
- 11
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Listed at $998,000. 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 $977K, if it sells. A realistic range is $916K to $1.10M.
Independent value check: $1.05M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $982K and $1.10M).
Why $1.05M. The typical townhouse sold in Cornell over the past year went for about $921K (75 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,595 a year; the typical home sold here pays about $4,200.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly2 garage and 3 total parking spaces, against 1 and 3 typically.
- ▲ Raises it slightly3+2 bedrooms and 4 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $977K, from 19 recent closings in this pocket.
The market behind the math:
About 0.9 months of inventory: 6 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 $570/sqft against an area asking average of $600/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 $1.10M. 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
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
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 19 comparable homes that sold in Cornell over the past two years, from 165 closings there.
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 $1.05M, which is where my estimate comes from.
Per square foot, these ask about $630/sqft; this home lists at $570/sqft. Size is part of the price story, not just the sticker.
The 4 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 20, 2026); conventional rates run a little higher.
Mortgage amount $798,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,414
- Property tax
- $466
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,881
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,435
- Estimated closing costs
- $16,435
Plus your down payment of $199,600. 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
- $264,869
- Principal paid down
- $97,550
- Interest paid
- $167,320
- Balance remaining
- $700,850
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 114 whole-home leases in Cornell signed at a median of $3,203 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,305. 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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.