$1,777,777
For sale: Detached

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.
Sold data
Detached homes in Markham (Cornell) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 36, across 359 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $1,449,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 31% of sales closed above the list price.
Around 9% of sellers reduced their price before finding a buyer.
Based on 359 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Markham (Cornell) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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