15 Cornell Meadows Avenue Unit A206, Markham

Price: $499,900

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13439150

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.

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New Listing
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$499,900 - 15 Cornell Meadows Avenue Unit A206, Markham

Condo for Sale in Markham

New — Listed yesterday
3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13439150
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
PROPERTY.CA INC.
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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

15 Cornell Meadows Avenue Unit A206, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,652

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 $500/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Cornell Meadows Avenue Unit A206 | $499,900 | Battaglia Team