51 Yale Lane, Markham, ON

Cornell, Markham · MLS® N14081800

$899,000
For Sale
Listed 4 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully maintained 2-storey semi-detached home offering over 2500 sq. ft. of spacious and functional total living space in a highly desirable...
  • Featuring 9-ft ceilings on the main floor, hardwood flooring throughout the main and second levels, and a bright open-concept layout ideal for everyday living and...
  • Upstairs, you'll find generously sized bedrooms, including an impressive primary retreat with a walk-in closet and spacious ensuite bath.
  • Enjoy added peace of mind with several important updates, including a new furnace (2020), new roof (2021), and new heat pump (2023).
  • The fully finished basement offers valuable additional living space with a bedroom, full bathroom, and spacious recreation room-ideal for extended family, guests, a...

Welcome to this beautifully maintained 2-storey semi-detached home offering over 2500 sq. ft. of spacious and functional total living space in a highly desirable neighborhood. Featuring 9-ft ceilings on the main floor, hardwood flooring throughout the main and second levels, and a bright open-concept layout ideal for everyday living and entertaining. The combined living and dining areas are accented by elegant decorative columns, while the inviting family room features a cozy gas fireplace. The spacious kitchen offers a large centre island, stainless steel appliances, ample cabinetry, and plenty of room for family gatherings. Upstairs, you'll find generously sized bedrooms, including an impressive primary retreat with a walk-in closet and spacious ensuite bath. Enjoy added peace of mind with several important updates, including a new furnace (2020), new roof (2021), and new heat pump (2023). A large covered front porch enhances the home's curb appeal and provides the perfect place to relax. The fully finished basement offers valuable additional living space with a bedroom, full bathroom, and spacious recreation room-ideal for extended family, guests, a home office, or entertainment area. Step outside to a spacious, fully stone-paved backyard offering a low-maintenance outdoor space perfect for BBQs, entertaining, and family gatherings. An additional parking pad provides space for up to 2 extra vehicles. Conveniently located close to schools, parks, community centres, shopping, banks, public transit, and everyday amenities. A spacious and well-cared-for home featuring an excellent layout, generous bedroom sizes, major recent upgrades, ample parking, and fantastic indoor and outdoor living space. Move in and enjoy!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N14081800
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
23.62 × 104.99 ft
Cross streets
16th Ave/9th Line
Parking
1 garage · 3 parking (detached)
Driveway
Lane
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,155 / 2026
Days on market
4
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomMain3.05 × 5.54 m

hardwood floor · combined w/dining

BreakfastMain3.05 × 3.36 m

ceramic floor · w/o to yard

Bedroom 2Second3.05 × 2.40 m

hardwood floor · cathedral ceiling(s)

Bedroom 3Second2.70 × 2.90 m

hardwood floor · double closet

KitchenMain2.44 × 3.36 m

ceramic floor · centre island

Primary BedroomSecond5.54 × 3.97 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Family RoomMain4.58 × 3.66 m

hardwood floor · gas fireplace

Dining RoomMain3.05 × 5.54 m

hardwood floor · combined w/living

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.

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
$4,097/mo
$170KIncome needed
5.3×Price ÷ income
$946Weekly cost
$14,455Land 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.

92%mortgage
Mortgage $4,097Property tax $346Total carry $4,444

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$346
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,323

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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$3,150/mo
$37,800Gross annual rent
3.1%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.

4.2%
Gross yield
− Property tax $4,155− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,087

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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