15 Westmeath Lane Unit 2916, Markham

Price: $588,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: New Construction

MLS#: N13810236

Welcome To 15 Westmeath Lane, Unit 2916, A Beautifully Updated Condo Townhouse Nestled In The Highly Sought-After Cornell Community Of Markham! This Stylish Home Features Numerous Recent Upgrades, Including Pot Lights, Fresh Paint Throughout, A Full Set Of New Stainless-Steel Kitchen Appliances, Updated Kitchen And Bathroom Countertops. The Bright And Functional Second Floor Showcases An Open-Concept Layout, Featuring A Modern Kitchen Seamlessly Combined With The Spacious Living And Dining Areas. On The Third Floor, It Offers Two Generously Sized Bedrooms With Floor-To-Ceiling Windows That Fill The Space With Natural Light, Along With A Well-Appointed 4-Piece Bathroom. Step Outside And Enjoy The Private, South-Facing Rooftop Terrace - An Ideal Space For Relaxing, Entertaining, Or Enjoying Sunny Days With Family And Friends. Conveniently Located Close To Hwy 7, Markham GO Station, Cornell Community Centre, Markham Stouffville Hospital, Parks, Highly Ranked Schools, Grocery Stores, Restaurants, And More. A Wonderful Opportunity To Enjoy Modern, Low-Maintenance Living In One Of Markham's Most Desirable Neighbourhoods!

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active

$588,000 - 15 Westmeath Lane Unit 2916, Markham

New Construction for Sale in Markham

Neighbourhood: Cornell

2Beds
2Baths
1,000Sq Ft
New Construction

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Property Details
MLS Number
N13810236
Property Type
New Construction
Status
active
Days on Site
16
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Taxes (2025)
$2,870
Maintenance Fees
$320/mo
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
BAY STREET INTEGRITY REALTY INC.
Description

Welcome To 15 Westmeath Lane, Unit 2916, A Beautifully Updated Condo Townhouse Nestled In The Highly Sought-After Cornell Community Of Markham! This Stylish Home Features Numerous Recent Upgrades, Including Pot Lights, Fresh Paint Throughout, A Full Set Of New Stainless-Steel Kitchen Appliances, Updated Kitchen And Bathroom Countertops. The Bright And Functional Second Floor Showcases An Open-Concept Layout, Featuring A Modern Kitchen Seamlessly Combined With The Spacious Living And Dining Areas. On The Third Floor, It Offers Two Generously Sized Bedrooms With Floor-To-Ceiling Windows That Fill The Space With Natural Light, Along With A Well-Appointed 4-Piece Bathroom. Step Outside And Enjoy The Private, South-Facing Rooftop Terrace - An Ideal Space For Relaxing, Entertaining, Or Enjoying Sunny Days With Family And Friends. Conveniently Located Close To Hwy 7, Markham GO Station, Cornell Community Centre, Markham Stouffville Hospital, Parks, Highly Ranked Schools, Grocery Stores, Restaurants, And More. A Wonderful Opportunity To Enjoy Modern, Low-Maintenance Living In One Of Markham's Most Desirable Neighbourhoods!

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Estimate your monthly payments for this property

Estimated Payment

$3,016.74/mo

Includes CMHC insurance ($16,405)

$
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5%10%50%

5-yr fixed avg.

Principal: $529,200Interest: $359,418
Mortgage Amount$545,605
Total Interest$359,418
Est. Property Tax$417/mo
Total Cost$905,023

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

15 Westmeath Lane Unit 2916, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$320
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,540

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 $588/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 16 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.

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.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Westmeath Lane Unit 2916, Markham | $588,000 | Battaglia Team