$449,000

For sale

#A206 15 Cornell Meadows Avenue, Markham (Cornell) - Single Family for Sale

#A206 15 Cornell Meadows Avenue, Markham (Cornell), Ontario, L6B1B6

3 beds3 baths1 parking1,100 ft²$822/mo condo feeListed 18 days ago

Overview

This 3-bedroom, 3-bathroom condo in Markham is for sale offering roughly 1,100 sq ft of space. Listed at $449,000, it is attractively priced about 24% below the $588,888 median asking price in Markham. It has been on the market 18 days, fresher than the Markham average of 50 days.

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Description

Power of Sale - Must Sell. 3-storey condo townhouse in Markham's Cornell community offering approximately 1,160 sq. ft. with 2 bedrooms plus den (possible bedroom) , 3 bathrooms, and multiple balconies. Updated kitchen with quartz countertops, marble backsplash, and stainless steel appliances. Primary suite features a walk-out balcony, walk-in closet, and renovated ensuite with a modern walk-in shower. Upper level includes a second bedroom, full bathroom, and covered balcony. Conveniently located near Hwy 407, transit, hospital, shopping, and community amenities. Strong value in a sought-after neighbourhood. (id:66096)

Property Details

MLS®: N14090360
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Condo Fee: $822/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata

Features

Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Markham (Cornell) listings, avg age

50d

Price / ft²

$408

List price

$449K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Markham (Cornell) has been listed for 18 days, which is 32 days fresher than the city average of 50. Act while there is still low competition.

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Listed by PROPERTY.CA INC. · BRUCE OLIVER CHIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6B)

This home lists at $449,000, about 3.7× the local median household income of $121,000.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $121,000
Population: 34,763
Median age: 37.2
Owner / renter: 83% / 17%
Avg. household size: 3.4

Source: Statistics Canada, 2021 Census (FSA L6B)

$449,000· $408/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$168/mo

Condo fee$822/mo

Total monthly$3,355

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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