119 Cornell Rouge Boulevard, Markham

Price: $949,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13132848

Power of Sale - Sold as is Where is. Prime opportunity to own in the highly sought-after Cornell community! This spacious townhouse offers four generously sized bedrooms and four bathrooms, providing an ideal layout for growing families or savvy investors. Featuring hardwood flooring throughout and elegant hardwood stairs, the home showcases a modern kitchen with a center island designed for both everyday living and entertaining. Perfectly located within walking distance to Bill Hogarth Secondary School, local elementary schools, the Cornell Community Centre, and nearby parks. Enjoy exceptional convenience just minutes to Markham Stouffville Hospital, Highway 407, Highway 7, Viva Transit, and the Cornell Bus Terminal. A solid property in a sought-after location! MUST SEE! 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). Taxes estimated per city website.

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$949,000 - 119 Cornell Rouge Boulevard, Markham

Townhouse for Sale in Markham

32 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13132848
Property Type
Townhouse
Status
active
Days on Site
32
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Power of Sale - Sold as is Where is. Prime opportunity to own in the highly sought-after Cornell community! This spacious townhouse offers four generously sized bedrooms and four bathrooms, providing an ideal layout for growing families or savvy investors. Featuring hardwood flooring throughout and elegant hardwood stairs, the home showcases a modern kitchen with a center island designed for both everyday living and entertaining. Perfectly located within walking distance to Bill Hogarth Secondary School, local elementary schools, the Cornell Community Centre, and nearby parks. Enjoy exceptional convenience just minutes to Markham Stouffville Hospital, Highway 407, Highway 7, Viva Transit, and the Cornell Bus Terminal. A solid property in a sought-after location! MUST SEE! 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). Taxes estimated per city website.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

$
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5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markham

Discover Markham

Markham 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 Markham

  • 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

Markham 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

119 Cornell Rouge Boulevard, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$2,210

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

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 Pricing

At $633/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 32 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

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 4 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.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    119 Cornell Rouge Boulevard, Markham | $949,000 | Battaglia Team