79 Mikayla Lane, Markham

Price: $3,200

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: New Construction

MLS#: N13757404

Welcome To This Modern & Spacious 2 year old Freehold Townhome In The Highly Sought-After Cornell Community! Bright & Airy Open-Concept Layout Featuring 9' Ceilings, Large Windows & An Abundance Of Natural Light. Functional Layout Offers Comfortable Living Space, Perfect For Small Families, Young Professionals & Newcomers. Located In A Family-Friendly Neighbourhood Surrounded By Parks & Schools, Minutes To Cornell Community Centre & Library, Markham Stouffville Hospital, Shopping, Restaurants & Everyday Essentials. Easy Access To Public Transit, Hwy 7 & Hwy 407 Makes Commuting A Breeze. A Wonderful Opportunity To Enjoy Modern Living In One Of Markham's Most Convenient & Family-Oriented Communities. Newcomers Welcome!

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$3,200/mo - 79 Mikayla Lane, Markham

New Construction for Rent in Markham

Neighbourhood: Cornell

4Beds
3Baths
1,500 - 1,999Sq Ft
New Construction

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Property Details
MLS Number
N13757404
Property Type
New Construction
Status
active
Days on Site
29
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
HC REALTY GROUP INC.
Description

Welcome To This Modern & Spacious 2 year old Freehold Townhome In The Highly Sought-After Cornell Community! Bright & Airy Open-Concept Layout Featuring 9' Ceilings, Large Windows & An Abundance Of Natural Light. Functional Layout Offers Comfortable Living Space, Perfect For Small Families, Young Professionals & Newcomers. Located In A Family-Friendly Neighbourhood Surrounded By Parks & Schools, Minutes To Cornell Community Centre & Library, Markham Stouffville Hospital, Shopping, Restaurants & Everyday Essentials. Easy Access To Public Transit, Hwy 7 & Hwy 407 Makes Commuting A Breeze. A Wonderful Opportunity To Enjoy Modern Living In One Of Markham's Most Convenient & Family-Oriented Communities. Newcomers Welcome!

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

79 Mikayla Lane, Markham

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,200/mo
↓ Below typical 4-bed market rent
Annual Rent Cost
$38,400
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,200/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$3,380/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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 Rent

At $3,200/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Markham. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Market Position

At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    79 Mikayla Lane, Markham | $3,200 | Battaglia Team