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Property Description
Welcome to the highly well-sought-after Cornell Community! This exceptional 8-year-old detached home masterfully crafted by Madison Homes is perfect for first-time home buyers. Ideally situated just steps away from top-ranked schools like Rouge Park Public School and Bill Hogarth Secondary School, this home is a haven for families. The home features elegant 9-foot smooth ceilings, beautiful hardwood flooring throughout the main level, and striking granite kitchen countertops, all contributing to an upscale ambiance. An upgraded front door adds a sophisticated touch to the home's already impressive curb appeal. The thoughtfully designed open-concept layout on the main level is perfect for both entertaining and relaxation, while the second floor features four spacious bedrooms and three bathrooms, including two ensuites. Located close to major transportation routes such as HWY 407 and HWY 7, and just minutes from Markham GO, Cornell Community Park, and the Cornell Community Centre, this property offers unparalleled convenience. Enjoy easy access to shopping, dining, and healthcare, with Walmart, Longo's, Markville Mall, and Markham Stouffville Hospital all just minutes away. You don't want to miss it!
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Extras
S/S Fridge, S/S Stove, S/S B/I Dishwasher, S/S Washer & Dryer, Electrical Light Fixtures, All Window Coverings, All Elf's, Garage Door Opener & Remote, Hot WaterTank Rental.
Nearby Intersections
Property Features
Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
30' x 82'
Fronting
North
Taxes
$5,531 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 10.99' x 17.72' | Hardwood Floor, Fireplace |
| Kitchen | Main | 13.68' x 9.51' | Granite Counter |
| Breakfast | Main | 10.01' x 11.91' | Large Window |
| Living | Main | 20.34' x 15.09' | Hardwood Floor |
| Dining | Main | 20.34' x 15.09' | Hardwood Floor |
| Prim Bdrm | 2nd | 18.41' x 10.99' | Broadloom |
| 2nd Br | 2nd | 10.01' x 10.01' | Broadloom |
| 3rd Br | 2nd | 12.99' x 10.01' | Broadloom |
| 4th Br | 2nd | 10.01' x 10.01' | Broadloom |
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Markham Market Statistics
Markham Price Trend
71 Pearl Lake Rd is a 4-bedroom 4-bathroom home listed for sale at $1,238,000, which is $491,240 (28.4%) lower than the average sold price of $1,729,240 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Markham declined by $65,607 (3.7%) compared to the previous 30 day period (July 20 - August 18) and down $82,950 (4.6%) from the same time one year ago.Inventory Change
There were 199 4-bedroom homes listed in Markham over the last 30 days (August 19 - September 17), which is up 25.2% compared with the previous 30 day period (July 20 - August 18) and up 22.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Markham typically sold ($4,323) (0.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $29,276 decrease compared to the previous 30 day period (July 20 - August 18) and $24,134 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Markham over the last 30 days (August 19 - September 17) stood at 42.7%, down from 45.9% over the previous 30 days (July 20 - August 18) and up from 39.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Markham stood at 27 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Empowered Realty
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