43 Cornell Common Road, Markham

Price: $1,188,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13503604

** OPEN HOUSE SAT JULY 4 ** Fabulous 3 + 1 Bedroom home on one of the largest lots in Cornell - one of Markham's best communities. If space and privacy is what you're looking for, your search ends here. Love gardening? Plenty of yard space for you. Looking to have a pool? Room for that and a hot tub. Need a safe space for kids to play? Pick a sport and let them run free! This updated home features laminate flooring throughout the main floor and primary bedroom, an updated kitchen, spa-like ensuite bathroom, 10' ceilings (main floor), double car garage with tremendous potential to convert to a coach house, a fully finished basement with separate entrance making it ideal for extended families, and 3 generous bedrooms plus 3 full bathrooms and 1 powder room. Nestled in a prime pocket of original Cornell and facing the park, this home offers one of the best opportunities available. Close to Hospital, GO Transit, YRT Bus Termial, Cornell Community Centre, Hwy. 407, Shopping, Parks and top-ranked Bill Hogarth Secondary School, St. Brother Andre Catholic High School, Cornell Village Public School, St. Joseph Catholic Elementary. (Offers to be reviewed Monday July 13th, 7:00pm)

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active
New Listing
1/50

$1,188,000 - 43 Cornell Common Road, Markham

Detached for Sale in Markham

New — Listed 7 days ago

Neighbourhood: Cornell

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13503604
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX ALL-STARS REALTY INC.
Description

** OPEN HOUSE SAT JULY 4 ** Fabulous 3 + 1 Bedroom home on one of the largest lots in Cornell - one of Markham's best communities. If space and privacy is what you're looking for, your search ends here. Love gardening? Plenty of yard space for you. Looking to have a pool? Room for that and a hot tub. Need a safe space for kids to play? Pick a sport and let them run free! This updated home features laminate flooring throughout the main floor and primary bedroom, an updated kitchen, spa-like ensuite bathroom, 10' ceilings (main floor), double car garage with tremendous potential to convert to a coach house, a fully finished basement with separate entrance making it ideal for extended families, and 3 generous bedrooms plus 3 full bathrooms and 1 powder room. Nestled in a prime pocket of original Cornell and facing the park, this home offers one of the best opportunities available. Close to Hospital, GO Transit, YRT Bus Termial, Cornell Community Centre, Hwy. 407, Shopping, Parks and top-ranked Bill Hogarth Secondary School, St. Brother Andre Catholic High School, Cornell Village Public School, St. Joseph Catholic Elementary. (Offers to be reviewed Monday July 13th, 7:00pm)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,254.92/mo

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5-yr fixed avg.

Principal: $950,400Interest: $626,077
Mortgage Amount$950,400
Total Interest$626,077
Est. Property Tax$842/mo
Total Cost$1,576,477

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

43 Cornell Common Road, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,110

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 $792/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 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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    43 Cornell Common Road, Markham | $1,188,000 | Battaglia Team