248 Walkerville Road, Markham

Price: $970,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13509418

Welcome to 248 Walkerville Road, an exceptional opportunity to own a freehold townhome in the highly desirable Cornell community. Featuring a bright, open-concept layout, this home offers comfortable everyday living with the opportunity to personalize and update it to reflect your own style and vision. The main floor seamlessly connects the kitchen, living, and dining areas, creating a functional space that's perfect for family life and entertaining. Large windows provide plenty of natural light, while the practical floor plan makes the most of every square foot. Upstairs, you'll find comfortable bedrooms ideal for families, first-time buyers, or those looking to downsize without compromising on location. The finished basement provides valuable additional living space, making it ideal for a family room, recreation area, home office, playroom, or workout space. Outside, enjoy a private backyard and the convenience of a freehold home with no monthly maintenance fees. Located in one of Markham's most sought-after neighbourhoods, you'll be just steps from parks, schools, walking trails, transit, Markham Stouffville Hospital, community centres, shopping, restaurants, and Highway 407. Whether you're looking for your first home or a property with the opportunity to add value over time.

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New Listing
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$970,000 - 248 Walkerville Road, Markham

Townhouse for Sale in Markham

New — Listed 6 days ago

Neighbourhood: Cornell

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13509418
Property Type
Townhouse
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Welcome to 248 Walkerville Road, an exceptional opportunity to own a freehold townhome in the highly desirable Cornell community. Featuring a bright, open-concept layout, this home offers comfortable everyday living with the opportunity to personalize and update it to reflect your own style and vision. The main floor seamlessly connects the kitchen, living, and dining areas, creating a functional space that's perfect for family life and entertaining. Large windows provide plenty of natural light, while the practical floor plan makes the most of every square foot. Upstairs, you'll find comfortable bedrooms ideal for families, first-time buyers, or those looking to downsize without compromising on location. The finished basement provides valuable additional living space, making it ideal for a family room, recreation area, home office, playroom, or workout space. Outside, enjoy a private backyard and the convenience of a freehold home with no monthly maintenance fees. Located in one of Markham's most sought-after neighbourhoods, you'll be just steps from parks, schools, walking trails, transit, Markham Stouffville Hospital, community centres, shopping, restaurants, and Highway 407. Whether you're looking for your first home or a property with the opportunity to add value over time.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,976.60/mo

Includes CMHC insurance ($27,063)

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5-yr fixed avg.

Principal: $873,000Interest: $592,918
Mortgage Amount$900,063
Total Interest$592,918
Est. Property Tax$687/mo
Total Cost$1,492,981

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

248 Walkerville Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$687
Insurance (est.)-$202
Net Cash Flow+$1,841

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 $647/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

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 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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    248 Walkerville Road, Markham | $970,000 | Battaglia Team