2 Blanche Lane Unit 908, Markham

Price: $549,888

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13856904

Beautiful Condo Town House In High Demand Cornell Community. Spacious 2 Bedroom With 2 Washrooms. One Parking And One Lockers Owned. Beautifully Designed Living Space, Designed With Both Family And Living And Entertaining In Mind. Freshly Painted The Full House. S/S Appliances. HEATED ROOF TOP TERRACE For Relaxing And Entertainment With Your Family And Frieds.... Affortable For The New Commers, First Time Home Buyers. Dont Miss This Opportunity To See. . Thanks For Showing...

2 Blanche Lane Unit 908 - Condo photo 1 of 1 in Markham, Ontario
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$549,888 - 2 Blanche Lane Unit 908, Markham

Condo for Sale in Markham

New — Listed 5 days ago

Neighbourhood: Cornell

2Beds
2Baths
1,000Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
N13856904
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Taxes (2026)
$2,949
Maintenance Fees
$331/mo
Locker
Owned
Exposure
North East
Balcony
Terrace
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Beautiful Condo Town House In High Demand Cornell Community. Spacious 2 Bedroom With 2 Washrooms. One Parking And One Lockers Owned. Beautifully Designed Living Space, Designed With Both Family And Living And Entertaining In Mind. Freshly Painted The Full House. S/S Appliances. HEATED ROOF TOP TERRACE For Relaxing And Entertainment With Your Family And Frieds.... Affortable For The New Commers, First Time Home Buyers. Dont Miss This Opportunity To See. . Thanks For Showing...

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.21/mo

Includes CMHC insurance ($15,342)

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5-yr fixed avg.

Principal: $494,899Interest: $336,122
Mortgage Amount$510,241
Total Interest$336,122
Est. Property Tax$390/mo
Total Cost$846,363

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

2 Blanche Lane Unit 908, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$331
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,524

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 $550/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $331/month fees should cover building insurance, common elements, and reserve contributions.

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 $2,291 (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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    2 Blanche Lane Unit 908, Markham | $549,888 | Battaglia Team