371 William Forster Road, Markham, ON

Cornell, Markham · MLS® N13876934

$1,099,000
For Sale
Listed 11 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage
2000-2500Sq ft

About this home

In short

  • Welcome To 371 William Forster Road, A Beautiful Detached Home Nestled In The Sought-After Cornell Community Of Markham.
  • Recently Upgraded With Fresh Paint And Pot Lights Throughout, This Bright And Inviting Home Offers A Functional Open-Concept Layout Designed For Both Everyday Living...
  • The Primary Retreat Features A 5-Piece Ensuite And A Walk-In Closet, While The Second And Third Bedrooms Share A Convenient 4-Piece Ensuite Bathroom.
  • Ideally Located Close To Hwy 7, Markham GO Station, Cornell Community Centre, Markham Stouffville Hospital, Parks, Highly Ranked Schools, Grocery Stores, Restaurants...

Welcome To 371 William Forster Road, A Beautiful Detached Home Nestled In The Sought-After Cornell Community Of Markham! Recently Upgraded With Fresh Paint And Pot Lights Throughout, This Bright And Inviting Home Offers A Functional Open-Concept Layout Designed For Both Everyday Living And Entertaining. The Main Floor Features A Spacious Living And Dining Area Highlighted By Large Windows That Fill The Space With Abundant Natural Light. The Modern Kitchen Is Equipped With A Full Set Of Stainless-Steel Appliances, Granite Countertops, And A Centre Island With Breakfast Bar Seating. The Kitchen Flows Seamlessly Into The Cozy Family Room With A Fireplace, As Well As The Bright Breakfast Area With A Convenient Walk-Out To The Side Entrance. The Second Floor Offers Four Generously Sized Bedrooms And Three Bathrooms. The Primary Retreat Features A 5-Piece Ensuite And A Walk-In Closet, While The Second And Third Bedrooms Share A Convenient 4-Piece Ensuite Bathroom. Ideally Located Close To Hwy 7, Markham GO Station, Cornell Community Centre, Markham Stouffville Hospital, Parks, Highly Ranked Schools, Grocery Stores, Restaurants, CF Markville, And A Wide Range Of Everyday Amenities. A Wonderful Opportunity To Live In One Of Markham's Most Desirable Communities!

Key facts

Property type
Detached, 2-Storey
MLS®
N13876934
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
38.16 × 83.89 ft
Cross streets
Hwy 7 / Ninth Line
Parking
2 garage (built-in)
Driveway
Lane
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,993 / 2026
Days on market
11
Listing brokerage
BAY STREET INTEGRITY REALTY INC.

Rooms

Bedroom 4Second3.40 × 3.00 m

closet · overlooks park · window

KitchenMain3.50 × 2.70 m

centre island · stainless steel appl · open concept

Living RoomMain6.40 × 4.60 m

combined w/dining · large window · pot lights

Family RoomMain5.20 × 3.80 m

fireplace · window · combined w/kitchen

Primary BedroomSecond6.40 × 3.80 m

5 pc ensuite · walk-in closet(s) · window

BreakfastMain3.80 × 2.70 m

combined w/kitchen · ceramic floor · walk-out

Dining RoomMain6.40 × 4.60 m

combined w/living · window · pot lights

Bedroom 2Second3.50 × 3.00 m

walk-in closet(s) · overlooks backyard · semi ensuite

Bedroom 3Second4.50 × 3.00 m

closet · overlooks park · semi ensuite

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

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Markham Village
$1.37M
Sherwood-Amberglen
$1.18M
Greensborough
$1.16M
Raymerville
$1.68M
Wismer
$1.53M

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
$5,009/mo
$210KIncome needed
5.2×Price ÷ income
$1,156Weekly cost
$18,455Land 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.

91%mortgage
Mortgage $5,009Property tax $499Total carry $5,508

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)
$4,861per month

Mortgage amount $879,200 · 4.49% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,361Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,861
Property tax
$499
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,361

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

One-time closing costs

Ontario land transfer tax
$18,455
Estimated closing costs
$18,455

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,884/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

$579,174Total interest paid
$1,458,374Total of all payments
Principal $879,200 Interest $579,174
YearPrincipalInterestBalance
1$19,620$38,715$859,580
2$20,511$37,824$839,069
3$21,442$36,893$817,627
4$22,416$35,919$795,211
5$23,433$34,902$771,778
6$24,497$33,838$747,281
7$25,610$32,725$721,671
8$26,772$31,563$694,898
9$27,988$30,347$666,910
10$29,259$29,076$637,652
11$30,587$27,748$607,064
12$31,976$26,359$575,088
13$33,428$24,907$541,660
14$34,946$23,389$506,715
15$36,532$21,803$470,182
16$38,191$20,144$431,991
17$39,925$18,410$392,066
18$41,738$16,597$350,329
19$43,633$14,702$306,696
20$45,614$12,721$261,082
21$47,685$10,650$213,397
22$49,850$8,485$163,547
23$52,114$6,221$111,433
24$54,480$3,855$56,953
25$56,953$1,382$0

At the end of your 5-year term

Total paid over the term
$291,675
Principal paid down
$107,422
Interest paid
$184,253
Balance remaining
$771,778

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$4,200/mo
$50,400Gross annual rent
3.4%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.

4.6%
Gross yield
− Property tax $5,993− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,463

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

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