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$458K · 1+1 bed Condo Apartment · Cornell, Markham | MyPropertyScout

$458,000

Unit 304

1+12Vacant

Map

$458,000

A●●○○○

Unit 304

The Condominiums of Cornell · 58 Adam Seller Street · Markham · Ontario L6B 1P5

MLS® N13125052 · Cornell · L6B 1P5

1+12Vacant800-899 ft²Condo Apartment1-car Underground$539/ft²$2,374 tax/yr

15% below market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Proudly maintained and move-in ready, this bright and well-proportioned 1-bedroom plus den suite with 1.5 bathrooms is located in the highly desirable Cornell community of Markham, offering approximately 803 sq ft of interior living space plus a generously sized 87 sq ft glass-enclosed balcony that adds both comfort and functionality. Featuring 9-foot ceilings, quality laminate flooring throughout, and an airy open-concept layout, the unit is filled with natural light from large windows, creatin…

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Property details

MLS#: N13125052
Status: Buy Now
Beds: 1+1
Baths: 2 full, 0 half
Size: 800-899
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Hospital, Park, Public Transit

Building name: The Condominiums of Cornell
Condo corp #: 1435
Balcony: Open
Locker: Owned
Association amenities: Gym, Party Room/Meeting Room, Visitor Parking
Fees include: Common Elements Included, Parking Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Hwy 7 / Bur Oak Ave
Basement: None
Stories: 3
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Underground

Rooms

Level	Room	Dimensions
Flat	Living Room	4.52m × 4.62m
Flat	Dining Room	4.52m × 4.62m
Flat	Kitchen	2.51m × 4.52m
Flat	Primary Bedroom	3.38m × 3.86m
Flat	Den	1.72m × 4.03m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REALTRON REALTY INC.

Source: TRREB/PROPTX · MLS® N13125052

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$458K

Unit 304 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $458,000✓ $2,374 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,200/mo

incl. closing costs (yr 1)

Annual total

$50,397

year 1

Mortgage only

$1,738/mo

principal + interest

Beyond mortgage

$1,534/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$91,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$198/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,580/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$44/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,635

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $20,850/yr

Property taxes16% $8,009/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,580/yr

Condo fees12% $6,298/yr

Closing costs10% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,850	$1,738/mo
Government & taxes
Property tax	$2,374	$198/mo
Land transfer tax(closing)	$5,635	$470/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,580	$382/mo
Condo fees
Condo / HOA fees	$6,298	$525/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$50,397	$4,200/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 304

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs