$1,777,777 - 69 Diamond Jubilee Drive, Markham
Detached for Sale in Markham
46 days on marketNeighbourhood: Cornell
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- MLS Number
- N13704228
- Property Type
- Detached
- Status
- active
- Days on Site
- 46
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $9,160
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
A great opportunity in Markham's sought-after community of Cornell. This elegant 2.5 storey brick and stone detached home is situated on a premium lot and offers over 5000 sq ft luxurious living space (3,529 sq. ft. above grade and 1,496 sq. ft. of finished basement with separate entrance). Nurtured tenderly by the original owners for 12 years. The bright interior features 9-ft ceilings, pot lights, chandeliers, a chef-inspired kitchen with granite countertops, center island, stainless steel appliances, servery and pantry. Large, cozy family room has a gas fireplace and big windows. The breakfast area overlooks the manicured rear garden. 2nd floor has 4 big bedrooms, 2 with ensuite bath. Open plan spacious office has tall windows and sloping roof. Pot lights throughout. The primary bedroom is a dream, walk-in wardrobe, his and her vanities, 5 piece ensuite, soaker tub and is filled with abundant natural light coming through large windows overlooking rear garden-deck facing East! An oak staircase with wrought iron balusters leads to a spacious 534 sq ft Loft on the 3rd floor. It has a wet bar, kitchenette, and 4-piece ensuite making it an ideal space to utilize as 5th bed room for In-Laws or to enjoy as an Entertainment pad!. Enjoy the beautifully landscaped backyard featuring a floating cedar deck. Over $200,000 have been spent on upgrades. Well appointed 3 bed room, 2 bath Basement apartment has its own kitchen and laundry. Tenants currently paying $2,600/month, will vacate or continue as desired by the buyers. Helps pay off big part of the mortgage! A coach house is permitted under the new zoning bylaws above the garages, generating additional income, ( usually rented for $2,200/month). Total 5 parking spaces, 2 covered plus one Carport. Conveniently located near top-rated schools both Primary and high. Hospital, Parks and a community Centre with excellent facilities. Property will be professionally painted prior to possession.
Estimate your monthly payments for this property
Estimated Payment
$7,863.71/mo
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.
69 Diamond Jubilee Drive, 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 $508/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.
Negotiation Opportunity
At 46 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 7 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.