168 Gas Lamp Lane, Markham

Price: $989,999

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: N13627068

First time ever offered! This bright and spacious 1,980 sq. ft. semi-detached home sits on a rare premium wide corner lot and offers the feel and functionality of a detached home. Designed for comfortable family living, the open-concept layout features generous principal rooms, large windows that fill the home with natural light, and an inviting flow that's perfect for both everyday living and entertaining. The bright kitchen features never-used, brand-new stainless steel appliances (fridge, stove, and dishwasher), a convenient second entrance from the porch into the home, and seamlessly connects to the living and dining areas. Upstairs, you'll find generously sized bedrooms with plenty of space for growing families, guests, or a home office. Enjoy peace of mind with major updates, including the roof (2019), furnace (2025), and washer and dryer (2024). The home also offers a spacious unfinished basement, providing endless possibilities to customize the space to suit your needs. Subject to municipal approvals and permits, buyers may wish to explore future potential for additional living space or an income-generating suite.Ideally located in the sought-after Cornell community, you're just minutes from Highway 407, Markham Stouffville Hospital, Cornell Community Centre, parks, trails, shopping, and the Cornell Bus Terminal, offering convenient local and GO Transit connections. Families will appreciate access to highly regarded schools, including Black Walnut Public School, St. Joseph Catholic Elementary School, and Bill Hogarth Secondary School. Whether you're a first-time buyer, a growing family, or simply looking for more space in one of Markham's most desirable neighbourhoods, this home offers an exceptional combination of size, location, comfort, and long-term value. Rarely does a property like this become available-don't miss your opportunity to make it yours. *Some photos virtually staged.

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New Listing
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$989,999 - 168 Gas Lamp Lane, Markham

Semi-Detached for Sale in Markham

New — Listed 3 days ago

Neighbourhood: Cornell

4Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
N13627068
Property Type
Semi-Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

First time ever offered! This bright and spacious 1,980 sq. ft. semi-detached home sits on a rare premium wide corner lot and offers the feel and functionality of a detached home. Designed for comfortable family living, the open-concept layout features generous principal rooms, large windows that fill the home with natural light, and an inviting flow that's perfect for both everyday living and entertaining. The bright kitchen features never-used, brand-new stainless steel appliances (fridge, stove, and dishwasher), a convenient second entrance from the porch into the home, and seamlessly connects to the living and dining areas. Upstairs, you'll find generously sized bedrooms with plenty of space for growing families, guests, or a home office. Enjoy peace of mind with major updates, including the roof (2019), furnace (2025), and washer and dryer (2024). The home also offers a spacious unfinished basement, providing endless possibilities to customize the space to suit your needs. Subject to municipal approvals and permits, buyers may wish to explore future potential for additional living space or an income-generating suite.Ideally located in the sought-after Cornell community, you're just minutes from Highway 407, Markham Stouffville Hospital, Cornell Community Centre, parks, trails, shopping, and the Cornell Bus Terminal, offering convenient local and GO Transit connections. Families will appreciate access to highly regarded schools, including Black Walnut Public School, St. Joseph Catholic Elementary School, and Bill Hogarth Secondary School. Whether you're a first-time buyer, a growing family, or simply looking for more space in one of Markham's most desirable neighbourhoods, this home offers an exceptional combination of size, location, comfort, and long-term value. Rarely does a property like this become available-don't miss your opportunity to make it yours. *Some photos virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,079.21/mo

Includes CMHC insurance ($27,621)

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5-yr fixed avg.

Principal: $890,999Interest: $605,142
Mortgage Amount$918,620
Total Interest$605,142
Est. Property Tax$701/mo
Total Cost$1,523,762

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

168 Gas Lamp Lane, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$2,293

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 $660/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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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    168 Gas Lamp Lane, Markham | $989,999 | Battaglia Team