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Cornell, Markham
$1,488,000
Bright, spacious (~3,000 sq ft) 5-bedroom, 4-bathroom detached home in Markham's highly sought-after Cornell community. Features 9' smooth ceilings and a double-car garage. Unbeatable location steps from top-ranked schools (including Bill Hogarth S.S.), Cornell Community Centre, Markham Stouffville Hospital, transit/GO Station, dining, shopping, and easy access to Hwy 407.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $6,807 |
| Lot Size | 31.3 ft x 105.45 ft |
| mls© Number | N13858826 |
| Listed By | BEST UNION REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,616
- Property tax
- $567
- Heat allowance
- $150
- Housing costs
- $8,333 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$256,000
gross annual household income
- Payment at 4%
- $6,262 / mo
- Cash down
- $297,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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