125 Northvale Road, Markham, ON

Cornell, Markham · MLS® N13885486

$920,000
For Sale
Listed 9 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Super Bright & Sun-Filled Corner Unit on a Wide Lot Overlooking Upper Cornell Park with Scenic, Picturesque Views.
  • Exceptional Upgrades & Modern Upgrades Throughout: Soaring 9ft Ceilings on Main Floor, Gleaming Brand-New Hardwood Flooring on 2nd Floor, Freshly Replaced Carpet Top...
  • Gourmet Kitchen w/ Marble Countertops & Center Island, Opening to an Upgraded Staircase.
  • Top-to-Bottom Comfort with New Roof (2023), Updated Bathrooms, Upgraded Kitchen, and Built-in Humidifier.
  • The Finished Basement includes a Spacious Bedroom and Full Bathroom, Spacious Recreation Room with Egress Window, Perfect for Guests or Nanny Suite.

Super Bright & Sun-Filled Corner Unit on a Wide Lot Overlooking Upper Cornell Park with Scenic, Picturesque Views! This Exceptional Family Home Offers Over 2,000 Sq.Ft. of Total Living Space Featuring a 2-Car Garage Plus an Extra Parking Pad. Exceptional Upgrades & Modern Upgrades Throughout: Soaring 9ft Ceilings on Main Floor, Gleaming Brand-New Hardwood Flooring on 2nd Floor, Freshly Replaced Carpet Top To Bottom, and w/ Pot Lights. Gourmet Kitchen w/ Marble Countertops & Center Island, Opening to an Upgraded Staircase. Top-to-Bottom Comfort with New Roof (2023), Updated Bathrooms, Upgraded Kitchen, and Built-in Humidifier. The Finished Basement includes a Spacious Bedroom and Full Bathroom, Spacious Recreation Room with Egress Window, Perfect for Guests or Nanny Suite. Step Outside to a Wood Patio Deck Ideal for BBQ & Entertainment. Furniture Negotiable! Unbeatable Location: 5 Mins Drive to GO Train, Direct Bus to GO & Finch Station. Move-In Ready! A Must-See Home You Don't Want to Miss!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13885486
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
26.67 × 101 ft
Cross streets
9th Line & 16th Ave
Parking
2 garage · 3 parking (detached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Other
Property tax
$4,728 / 2026
Days on market
9
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomMain5.50 × 3.10 m

overlooks park · hardwood floor · combined w/dining

Primary BedroomSecond5.50 × 4.00 m

4 pc ensuite · walk-in closet(s)

Media RoomBasement6.00 × 6.00 m

large window · 3 pc bath

BreakfastMain3.40 × 3.70 m

large window · ceramic floor

Family RoomMain4.60 × 3.70 m

fireplace · hardwood floor

Bedroom 4Basement3.00 × 5.50 m

B/I Closet

Bedroom 3Second3.00 × 3.00 m

cathedral ceiling(s) · closet

Bedroom 2Second3.00 × 2.70 m

large window · closet

KitchenMain3.40 × 2.40 m

centre island · backsplash · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$904Klikely sale price

Listed at $920,000. Going by how homes in Cornell and the wider GTA have actually closed against their asking prices (about 98%, 13 local closings in 90 days), the likely sale price is near $904K, if it sells. A realistic range is $847K to $1.02M.

Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $943K and $1.05M).

Why $1.01M. The typical semi-detached home sold in Cornell over the past year went for about $974K (38 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,728 a year; the typical home sold here pays about $4,300.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightly3+1 bedrooms and 4 baths, against 3+1 and 3 typically.
List price
$847KBelow recent closings$1.02MAbove recent closings

Total price vs nearby homes. Likely closing about $904K, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$925Kmedian sold price
98%of asking, on average
−10%prices vs a year ago
~30 dayshomes like this take to sell
9days on market so far
$3,323/moest. rent · 20 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 5 semi-detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $526/sqft against an area asking average of $538/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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $971K. 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. 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 ($526/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 5 homes sold on this street over the past two years, from 77 closings in Cornell.

Sold price trend

Median sold price for semi-detached homes in Markham: $1.00M in September 2026, down 5% from a year ago, on 173 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.05M19
November 2025$1.06M14
December 2025$1.04M7
January 2026$1.04M8
February 2026$1.06M5
March 2026$1.04M11
April 2026$1.08M16
May 2026$1.06M19
June 2026$1.04M22
July 2026$1.02M17
August 2026$945K15
September 2026$1.00M20

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.

Wismer
$1.12M
Bullock
$934K
Cedarwood
$1.05M
Village Green-South Unionville
$982K

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
$4,193/mo
$176KIncome needed
5.2×Price ÷ income
$968Weekly cost
$14,875Land 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 $4,193Property tax $394Total carry $4,587

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)
$4,069per month

Mortgage amount $736,000 · 4.49% over 25 years

$184,000Down payment (20.0%)
$736,000Loan before insurance
$0CMHC premium
$4,463Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,069
Property tax
$394
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,463

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

One-time closing costs

Ontario land transfer tax
$14,875
Estimated closing costs
$14,875

Plus your down payment of $184,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,925/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

$484,841Total interest paid
$1,220,841Total of all payments
Principal $736,000 Interest $484,841
YearPrincipalInterestBalance
1$16,424$32,409$719,576
2$17,170$31,664$702,405
3$17,950$30,884$684,456
4$18,765$30,069$665,691
5$19,617$29,217$646,074
6$20,507$28,326$625,567
7$21,438$27,395$604,129
8$22,412$26,422$581,717
9$23,429$25,404$558,287
10$24,493$24,340$533,794
11$25,605$23,228$508,189
12$26,768$22,066$481,421
13$27,983$20,850$453,437
14$29,254$19,580$424,183
15$30,582$18,252$393,601
16$31,971$16,863$361,631
17$33,422$15,411$328,208
18$34,940$13,894$293,269
19$36,526$12,307$256,743
20$38,185$10,649$218,558
21$39,918$8,915$178,640
22$41,731$7,103$136,909
23$43,626$5,208$93,283
24$45,606$3,227$47,677
25$47,677$1,157$0

At the end of your 5-year term

Total paid over the term
$244,168
Principal paid down
$89,926
Interest paid
$154,243
Balance remaining
$646,074

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
From 20 whole-home leases in Cornell$3,323/mo
$39,876Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,157 to $3,490Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 20 whole-home leases in Cornell signed at a median of $3,249 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,323. 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.

4.3%
Gross yield
− Property tax $4,728− Insurance $1,400− Vacancy & upkeep $4,386Net operating income $29,362

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

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