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$418K · 1 bed Condo Apartment · Unit 308, Cornell Midrise Phase 1 Condos, 2 Adam Sellers Street, Markham, Ontario L6B 1P2 | HomeSearchCanada

$418,000

Unit 308

3 DOM

113d

Map

DOM 3

$418,000

DOM3days

Unit 308

Cornell Midrise Phase 1 Condos · 2 Adam Sellers Street · Markham · Ontario L6B 1P2

MLS® N13805360 · Cornell · L6B 1P2

11OwnerOccupied600-699 ft²Condo Apartment1-car UndergroundNo basement3d$644/ft²$2,312 tax/yrNo basement

3 days on market

About this home

Bright and inviting 1-bedroom suite with 9' ceilings and approximately 625 sq. ft. of comfortable living space. The open, airy layout features large windows that bring in plenty of natural light throughout the day. The one-of-a-kind enclosed balcony is a great bonus space for a home office, reading area, or simply enjoying your morning coffee, and can be opened up in warmer months for a more open balcony feel.The kitchen features a stylish tile backsplash and pendant lighting over the island, wh…

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Property details

MLS#: N13805360
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 4
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Owner Occupied
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Clear View, Rec./Commun.Centre, School, Public Transit, Park, Hospital

Building name: Cornell Midrise Phase 1 Condos
Condo corp #: 1406
Balcony: Enclosed
Locker: Owned
Fees include: Building Insurance Included, CAC Included, Common Elements 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, Brick
Fronting on: —
Cross street: 9th Line/Hwy. 7
Stories: 3
Utilities: —
Laundry: Ensuite, In-Suite Laundry
Interior: None
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: CENTURY 21 LEADING EDGE REALTY INC.

Source: TRREB/PROPTX · MLS® N13805360

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$418K

Unit 308 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $418,000✓ $2,312 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,779/mo

incl. closing costs (yr 1)

Annual total

$45,343

year 1

Mortgage only

$1,586/mo

principal + interest

Beyond mortgage

$1,332/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$83,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$193/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 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%$4,180/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)$30/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,835

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $19,029/yr

Property taxes16% $7,147/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $4,180/yr

Condo fees10% $4,327/yr

Closing costs11% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,029	$1,586/mo
Government & taxes
Property tax	$2,312	$193/mo
Land transfer tax(closing)	$4,835	$403/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%)	$4,180	$348/mo
Condo fees
Condo / HOA fees	$4,327	$361/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	$45,343	$3,779/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 308

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs