120 Albert Lewis Street, Markham

Price: $1,099,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13619478

Welcome to this beautifully maintained 2-storey detached home in the highly sought-after, family-friendly Cornell community. Offering approximately 2,708 sq ft of living space! That's 1,975 sq ft above grade plus a fully finished 733 sq ft basement. This bright and functional home features 3 bedrooms and 4 renovated bathrooms. The main floor boasts 9-ft ceilings, hardwood flooring, pot lights, and a sun-filled layout, with a cozy family room complete with a gas fireplace and large windows overlooking the backyard. The modern kitchen is equipped with quartz countertops, custom backsplash, stainless steel appliances, a centre island, double sinks, and ample cabinetry-perfect for everyday living and entertaining. Upstairs, the generous primary bedroom offers a walk-in closet and a spa-inspired 5-piece ensuite with double vanity and soaker tub, complemented by two additional well-sized bedrooms and a full 4-piece bath. The finished basement provides excellent versatility with a large recreation area, 3-piece bathroom, laundry room and plenty of storage rooms. Enjoy a fully fenced, low-maintenance backyard with gas hook up for BBQ, perfect for outdoor entertaining. Conveniently located steps to parks, playgrounds, top-rated schools, Cornell Community Centre and Library, Cornell Community Park, Markham Stouffville Hospital, transit, and with easy access to Hwy 7, 16 and 407. Open House this Sunday August 23 from 2pm - 4pm.

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$1,099,000 - 120 Albert Lewis Street, Markham

Detached for Sale in Markham

Neighbourhood: Cornell

3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13619478
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to this beautifully maintained 2-storey detached home in the highly sought-after, family-friendly Cornell community. Offering approximately 2,708 sq ft of living space! That's 1,975 sq ft above grade plus a fully finished 733 sq ft basement. This bright and functional home features 3 bedrooms and 4 renovated bathrooms. The main floor boasts 9-ft ceilings, hardwood flooring, pot lights, and a sun-filled layout, with a cozy family room complete with a gas fireplace and large windows overlooking the backyard. The modern kitchen is equipped with quartz countertops, custom backsplash, stainless steel appliances, a centre island, double sinks, and ample cabinetry-perfect for everyday living and entertaining. Upstairs, the generous primary bedroom offers a walk-in closet and a spa-inspired 5-piece ensuite with double vanity and soaker tub, complemented by two additional well-sized bedrooms and a full 4-piece bath. The finished basement provides excellent versatility with a large recreation area, 3-piece bathroom, laundry room and plenty of storage rooms. Enjoy a fully fenced, low-maintenance backyard with gas hook up for BBQ, perfect for outdoor entertaining. Conveniently located steps to parks, playgrounds, top-rated schools, Cornell Community Centre and Library, Cornell Community Park, Markham Stouffville Hospital, transit, and with easy access to Hwy 7, 16 and 407. Open House this Sunday August 23 from 2pm - 4pm.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

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5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Cornell

Discover Cornell

Cornell is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Cornell

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Cornell offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

120 Albert Lewis Street, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$1,793

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $733/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Cornell

I know Cornell well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    120 Albert Lewis Street, Markham | $1,099,000 | Battaglia Team