$899,000 - 51 Yale Lane, Markham
Semi-Detached for Sale in Markham
Popular ListingNeighbourhood: Cornell
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- MLS Number
- N13819672
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $4,155
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome to this beautifully maintained 2-storey semi-detached home offering almost 1,700 sq. ft. of spacious and functional living space in a highly desirable neighbourhood. Featuring 9-ft ceilings on the main floor, hardwood flooring throughout the main and second levels, and a bright open-concept layout ideal for everyday living and entertaining. The combined living and dining areas are accented by elegant decorative columns, while the inviting family room features a cozy gas fireplace. The spacious kitchen offers a large centre island, stainless steel appliances, ample cabinetry, and plenty of room for family gatherings. Upstairs, you'll find generously sized bedrooms, including an impressive primary retreat with a walk-in closet and spacious ensuite bath. Enjoy added peace of mind with several important updates, including a new furnace (2020), new roof (2021), and new heat pump (2023). A large covered front porch enhances the home's curb appeal and provides the perfect place to relax. The fully finished basement offers valuable additional living space with a bedroom, full bathroom, and spacious recreation room-ideal for extended family, guests, a home office, or entertainment area. Step outside to a spacious, fully stone-paved backyard offering a low-maintenance outdoor space perfect for BBQs, entertaining, and family gatherings. An additional parking pad provides space for up to 2 extra vehicles. Conveniently located close to schools, parks, community centres, shopping, banks, public transit, and everyday amenities. A spacious and well-cared-for home featuring an excellent layout, generous bedroom sizes, major recent upgrades, ample parking, and fantastic indoor and outdoor living space. Move in and enjoy!
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
5-yr fixed avg.
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.
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
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.
51 Yale Lane, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $599/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.
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.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.