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Cornell, Markham
$1,438,000
Welcome to a truly rare opportunity in the heart of Cornell, an original-owner home designed for multigenerational living, and one of the few with a coveted custom 2-bedroom coach house. The detached coach house is currently rented for $1,800/month with a AAA tenant in place, offering the flexibility for a buyer to assume the existing lease for immediate income & additional mortgage qualification or take vacant possession. Main house 2,579 square feet above ground level + 750 square foot coach house above garage. Over 4,000 square feet of livable space including basement. This beautifully maintained 4-bedroom, 3-bathroom home offers an exceptional layout with space, privacy, and flexibility for extended families. Featuring a bright and spacious open-concept layout, generously sized rooms, large windows filling the space with natural light, and a thoughtfully designed floor plan perfect for both everyday living and entertaining. A standout feature is the newly built and oversized 2-bedroom coach house (~750 square feet), ideal for aging parents, adult children, or as a separate rental suite. Homes with this level of versatility and garage space are rarely available. Perfectly located just minutes by bike from top-rated schools (Rouge Park PS 8.2, Bill Hogarth SS 8.4, St. Joseph Catholic PS 8.0) and close to Cornell Community Centre, Markham Stouffville Hospital, parks, shopping, GO/Viva transit, and more.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 3000-3500 sq. ft. |
| Property Tax | $7,199 |
| Lot Size | 35.57 ft x 105.46 ft |
| mls© Number | N13467216 |
| Listed By | CENTURY 21 ATRIA 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%
- $7,360
- Property tax
- $600
- Heat allowance
- $150
- Housing costs
- $8,110 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$250,000
gross annual household income
- Payment at 4%
- $6,051 / mo
- Cash down
- $287,600
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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