172 Thomas Catterall Street, Markham, ON

Cornell, Markham · MLS® N14083836

$869,990
For Sale
Listed 4 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to South Cornell by CountryWide Homes, an exciting master-planned community in the heart of Markham.
  • Introducing the Opulent, a beautifully designed 3-storey townhome offering 1,780 sq. ft. of thoughtfully planned living space, featuring 4 bedrooms, 3 full bathrooms...
  • Enjoy the convenience of a sought-after location close to parks, schools, shopping, dining, and everyday amenities, with easy access to Highway 7, Highway 407, and...

Welcome to South Cornell by CountryWide Homes, an exciting master-planned community in the heart of Markham! Introducing the Opulent, a beautifully designed 3-storey townhome offering 1,780 sq. ft. of thoughtfully planned living space, featuring 4 bedrooms, 3 full bathrooms, a powder room, and a double-car garage. Designed with modern families in mind, this home offers a functional layout with spacious principal rooms, contemporary finishes, and versatile living areas ideal for everyday comfort and entertaining. Enjoy the convenience of a sought-after location close to parks, schools, shopping, dining, and everyday amenities, with easy access to Highway 7, Highway 407, and major commuter routes. Experience exceptional living in one of Markham's growing communities. Don't miss this opportunity to own a brand-new home by CountryWide Homes!

Key facts

Property type
Townhouse, 3-Storey
MLS®
N14083836
Bedrooms
4
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
19 × 81 ft
Cross streets
HWY 7 & DONALD COUSENS PKY
Parking
2 garage · 4 parking (attached)
Driveway
Available
Basement
Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$2,080 / 2026
Days on market
4
Listing brokerage
YOUR ADVOCATES REALTY INC.

Rooms

LaundrySecond2.57 × 1.83 m

tile floor · laundry sink

BathroomThird2.57 × 1.52 m

tile floor · 3 pc bath

Primary BedroomThird3.35 × 4.27 m

walk-in closet(s) · w/o to balcony · 4 pc ensuite

Bedroom 2Third2.74 × 2.44 m

hardwood floor · closet

Bedroom 3Third2.69 × 2.74 m

hardwood floor · closet

BathroomThird2.44 × 3.05 m
Great RoomSecond4.52 × 3.66 m

hardwood floor · electric fireplace

BathroomGround2.44 × 1.52 m

tile floor · 3 pc bath

KitchenSecond2.44 × 3.96 m

hardwood floor · quartz counter

BedroomGround3.05 × 2.64 m

hardwood floor · closet

Dining RoomSecond3.10 × 4.88 m

hardwood floor · w/o to patio

Powder RoomSecond2.57 × 1.52 m

Tile Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$852Klikely sale price

Listed at $869,990. 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 $852K, if it sells. A realistic range is $798K to $960K.

Independent value check: $928K. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $870K and $973K).

Why $928K. The typical townhouse sold in Cornell over the past year went for about $921K (75 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,080 a year; the typical home sold here pays about $4,200.
  • ▲ Raises it2 garage and 4 total parking spaces, against 1 and 3 typically.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$798KBelow recent closings$960KAbove recent closings

Total price vs nearby homes. Likely closing about $852K, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$900Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~20 dayshomes like this take to sell
4days on market so far
$3,304/moest. rent · 132 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 17 townhouse homes for sale in the area against 19 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 $497/sqft against an area asking average of $494/sqft.

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 $947K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. 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 ($497/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 19 comparable homes that sold in Cornell over the past two years, from 165 closings there.

Sold 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.

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$1.05M53
November 2025$1.07M36
December 2025$1.14M29
January 2026$1.02M28
February 2026$1.10M23
March 2026$1.00M33
April 2026$1.03M37
May 2026$1.02M56
June 2026$953K53
July 2026$979K42
August 2026$997K38
September 2026$912K32

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.

Cedar Grove
$853K
Cedarwood
$976K
Greensborough
$866K
Middlefield
$985K
Wismer
$1.00M

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
$3,965/mo
$159KIncome needed
5.5×Price ÷ income
$915Weekly cost
$13,875Land 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.

96%mortgage
Mortgage $3,965Property tax $173Total carry $4,138

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)
$3,848per month

Mortgage amount $695,992 · 4.49% over 25 years

$173,998Down payment (20.0%)
$695,992Loan before insurance
$0CMHC premium
$4,022Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,848
Property tax
$173
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,022

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

One-time closing costs

Ontario land transfer tax
$13,875
Estimated closing costs
$13,875

Plus your down payment of $173,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,658/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

$458,486Total interest paid
$1,154,478Total of all payments
Principal $695,992 Interest $458,486
YearPrincipalInterestBalance
1$15,532$30,648$680,460
2$16,237$29,942$664,224
3$16,974$29,205$647,250
4$17,745$28,434$629,505
5$18,550$27,629$610,955
6$19,393$26,786$591,562
7$20,273$25,906$571,289
8$21,194$24,986$550,095
9$22,156$24,023$527,939
10$23,162$23,017$504,778
11$24,213$21,966$480,564
12$25,313$20,866$455,251
13$26,462$19,717$428,789
14$27,664$18,515$401,125
15$28,920$17,259$372,206
16$30,233$15,946$341,973
17$31,605$14,574$310,367
18$33,040$13,139$277,327
19$34,541$11,638$242,786
20$36,109$10,070$206,677
21$37,748$8,431$168,929
22$39,462$6,717$129,467
23$41,254$4,925$88,213
24$43,127$3,052$45,085
25$45,085$1,094$0

At the end of your 5-year term

Total paid over the term
$230,896
Principal paid down
$85,037
Interest paid
$145,858
Balance remaining
$610,955

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 132 whole-home leases in Cornell$3,304/mo
$39,648Gross annual rent
3.7%Cap rate after taxes and upkeep
$3,139 to $3,469Typical rent range
~20 daysTo find a tenant, on average

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 132 whole-home leases in Cornell signed at a median of $3,188 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,304. 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.

4.6%
Gross yield
− Property tax $2,080− Insurance $1,400− Vacancy & upkeep $4,361Net operating income $31,807

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

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