1972 Donald Cousens Parkway, Markham, ON

Cornell, Markham · MLS® N14093486

$988,000
For Sale
Just listed todayNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Beautiful Freehold Townhome With A Detached Garage In The Heart Of Sought-After Cornell Village.
  • Around 2,650 Sqft Living Space(Including 1,970 Sqft Above Grade And 670 Sqft Basement).
  • Featuring 9-Ft Ceilings, 3+1Bedrooms, 4 Washrooms And A Bright, Functional Layout With Numerous Upgrades Throughout.
  • Enjoy A Private Backyard With A Newer Fence, Detached Garage, Rear Parking And Additional Parking Nearby.
  • Ideally Located Close To Hwy 407, Cornell Community Centre, Library, Markham Stouffville Hospital, Highly Rated Schools, Parks, Transit And Everyday Amenities.

Beautiful Freehold Townhome With A Detached Garage In The Heart Of Sought-After Cornell Village! Around 2,650 Sqft Living Space(Including 1,970 Sqft Above Grade And 670 Sqft Basement). Featuring 9-Ft Ceilings, 3+1Bedrooms, 4 Washrooms And A Bright, Functional Layout With Numerous Upgrades Throughout. The Spacious Kitchen Offers Granite Countertops, Stainless Steel Appliances And Plenty Of Cabinet Space. Convenient Upper-Level Laundry Adds To Everyday Comfort. Enjoy A Private Backyard With A Newer Fence, Detached Garage, Rear Parking And Additional Parking Nearby. Ideally Located Close To Hwy 407, Cornell Community Centre, Library, Markham Stouffville Hospital, Highly Rated Schools, Parks, Transit And Everyday Amenities. A Move-In Ready Home Offering Space, Comfort And Convenience In One Of Markham's Most Sought-After Family-Friendly Communities!

Key facts

Property type
Townhouse, 3-Storey
MLS®
N14093486
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
15.75 × 109.86 ft
Cross streets
Highway 7& Donald Cousens Pwky
Parking
1 garage · 3 parking (detached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,474 / 2025
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Bedroom 3Third4.30 × 3.66 m

4 pc ensuite · large closet · large window

Primary BedroomSecond4.30 × 4.15 m

4 pc ensuite · large closet · large window

Bedroom 2Third4.30 × 3.96 m

4 pc ensuite · large closet · large window

Family RoomSecond4.30 × 4.27 m

hardwood floor · large window

KitchenGround5.49 × 4.30 m

granite counters · hardwood floor · w/o to yard

Living RoomGround6.70 × 3.47 m

combined w/dining · hardwood floor · large window

BreakfastGround5.49 × 4.30 m

granite counters · large window · pantry

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.

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

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
$4,503/mo
$187KIncome needed
5.3×Price ÷ income
$1,039Weekly cost
$16,235Land 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 $4,503Property tax $373Total carry $4,876

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)
$4,370per month

Mortgage amount $790,400 · 4.49% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,743Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,370
Property tax
$373
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,743

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,289/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

$520,677Total interest paid
$1,311,077Total of all payments
Principal $790,400 Interest $520,677
YearPrincipalInterestBalance
1$17,638$34,805$772,762
2$18,439$34,004$754,322
3$19,276$33,167$735,046
4$20,152$32,291$714,894
5$21,067$31,376$693,828
6$22,023$30,420$671,805
7$23,023$29,420$648,782
8$24,068$28,375$624,713
9$25,161$27,282$599,552
10$26,304$26,139$573,248
11$27,498$24,945$545,750
12$28,746$23,697$517,004
13$30,052$22,391$486,952
14$31,416$21,027$455,536
15$32,843$19,601$422,694
16$34,334$18,109$388,360
17$35,893$16,550$352,467
18$37,522$14,921$314,945
19$39,226$13,217$275,719
20$41,007$11,436$234,712
21$42,869$9,574$191,843
22$44,815$7,628$147,028
23$46,850$5,593$100,178
24$48,977$3,466$51,201
25$51,201$1,242$0

At the end of your 5-year term

Total paid over the term
$262,215
Principal paid down
$96,572
Interest paid
$165,643
Balance remaining
$693,828

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
2.8%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.

3.8%
Gross yield
− Property tax $4,474− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,768

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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