Blog > Cornell Real Estate Your Complete Buyer Guide

Cornell Real Estate Your Complete Buyer Guide

by Michael Lau

Twitter Facebook Linkedin

 

 

Cornell · Markham · Ontario

Cornell Real Estate
Your Complete Buyer Guide

 

Condo townhouses on Arthur Bonner Avenue and boutique condos on Cornell Park Avenue — expertly covered by Markham's top realtor.

Featured Listings · Cornell, Markham

Condo Townhouses for Sale on Arthur Bonner Avenue

Arthur Bonner Avenue sits in the heart of Cornell — one of Markham's most thoughtfully planned communities. Pedestrian-friendly streets, modern townhome developments, and proximity to top amenities have made it one of the most sought-after addresses in the Markham real estate market.

Corner Unit
~$889,000
350 Arthur Bonner Ave, Unit 41
Beds3+1
Baths3
Sq Ft~1,870

One of the largest condo townhouses available in Cornell. This rare Mattamy-built corner unit features 9-foot smooth ceilings, a south-facing den, and a large rooftop terrace — ideal for growing families and move-up buyers.

  • Open-concept main floor with large centre island
  • Stainless steel appliances & extended cabinetry
  • Balcony off kitchen — perfect for summer BBQs
  • Large rooftop terrace for entertaining
  • Primary bedroom with ensuite & private balcony
  • Wider private garage plus driveway parking
  • South-facing ground floor den with natural light
8.9% Below Avg
~$799,900
382 Arthur Bonner Ave N
Beds2
Baths3
Sq Ft~1,200–1,399

A beautifully finished 3-storey condo townhouse priced approximately 8.9% below the Cornell average. Turnkey condition with designer upgrades throughout — an exceptional value in today's market.

  • Custom wainscoting & elegant trim work
  • Designer accent walls & laminate flooring
  • Modern kitchen with centre island
  • Stainless steel appliances
  • Rooftop terrace for outdoor entertaining
  • Primary suite with walk-in closet & ensuite
  • Private garage & driveway parking
$885K
Median Sold Price
Cornell Townhouse
~$3,157
Est. Annual
Property Tax
8.9%
Below Avg List
382 Arthur Bonner

Why Cornell?

Cornell was designed as a master-planned community centred on walkability, parks, schools, and transit. Residents enjoy quick access to Markham Stouffville Hospital, the Cornell Community Centre and Library, Highway 407, and multiple transit routes connecting to York Region and Toronto.

Location Advantages

  • Cornell Community Centre and Library
  • Markham Stouffville Hospital
  • Parks and walking trails
  • Cornell Village Public School & Bur Oak Secondary
  • Cornell Bus Terminal — GO Transit, VIVA, York Region Transit
  • Highway 407 minutes away

Who is Buying These Homes?

👨‍👩‍👧 Growing Families
🏡 Move-Up Buyers
🔑 First-Time Buyers Upgrading
📈 Real Estate Investors

The Cornell housing market continues to demonstrate strong buyer demand, particularly for well-maintained condo townhouses. According to Michael John Lau, one of the reasons Cornell properties perform well over time is the community's long-term planning and infrastructure investment.

Access to hospitals, schools, community centres, and transit all contribute to stable, long-term property values — making Cornell one of the most resilient neighbourhoods in the Markham real estate market.

Frequently Asked Questions

Are condo townhouses in Cornell a good investment?
Yes. Cornell continues to grow due to its infrastructure, schools, healthcare access, and transit connectivity. These factors contribute to steady demand and long-term property value stability.
What is the typical price range for condo townhouses in Cornell?
Most condo townhouses in Cornell range between $750,000 and $950,000, depending on size, upgrades, and location within the community.
Is Cornell good for commuting to Toronto?
Yes. Residents benefit from nearby access to Highway 407, GO Transit, and York Region Transit, making commuting to Toronto or other parts of the GTA relatively convenient.
Is this neighbourhood good for first-time home buyers?
Yes. Many first-time buyers enter the Markham real estate market through condo townhouses in Cornell due to their affordability relative to detached homes.

Awards & Recognition

🏆 Diamond Award 2023Top Realtor in Markham
🥇 Titanium Award 2022Client Dedication
🥈 Platinum Award 2021Markham & Unionville Expert
⭐ Realtor of the Year2021 & 2022
🎖 Icon Award2024 & 2025

Ready to Buy or Sell
in Cornell, Markham?

Work with Markham's top-rated realtor for expert advice, strong negotiation, and deep local knowledge of Cornell and Unionville.

Michael John Lau REALTOR® CPA CMA Markham
Michael John Lau
REALTOR® · CPA, CMA · Kaizen Real Estate Team · Markham, Ontario

Michael John Lau is widely recognized as a Top Realtor in Markham, Ontario. With deep local expertise across Cornell, Unionville, and all 33 Markham communities, he helps buyers and sellers navigate the market with confidence. ICON Award 2024 & 2025 · 50+ verified 5-star Google reviews.

Boutique Condos · Cornell, Markham

Cornell Park Condos — Buyer & Seller Guide

Cornell Park Avenue is one of Markham's most recognizable residential streets, featuring boutique low-rise condominium buildings built in the late 1990s. Known for townhouse-style layouts, a quiet residential atmosphere, and proximity to Markham Stouffville Hospital — these buildings offer exceptional lifestyle value.

12 Units Only
$568,800–$599,000
110 Cornell Park Ave
Beds2
Baths3
Sq Ft~1,000–1,199

Boutique low-rise building with multi-level townhouse-style layouts. Properties here move quickly — average days on market is only ~20 days. Monthly maintenance: ~$1,169 (includes cable, water, parking, insurance).

  • Three-storey floor plan for privacy & separation
  • Primary bedroom with cathedral ceilings
  • Walk-in closets & ensuite bathrooms
  • Floor-to-ceiling windows for natural light
  • Built-in cabinetry & storage areas
  • Some corner units with two parking spaces
  • Rental comps ~$2,700/month
Low Maint. Fee
$498,000–$599,800
116 Cornell Park Ave
Beds2+den
Baths2–3
Sq Ft~900–1,140

Affordable entry point into the Cornell condo market with low monthly maintenance fees of ~$526. Modern interiors with granite countertops, hardwood flooring, and multiple balconies in select units.

  • Granite countertops & tile backsplash
  • Stainless steel appliances throughout
  • Hardwood or laminate flooring
  • Large windows — abundant natural light
  • Primary bedroom with ensuite & walk-in closet
  • Multiple balconies in some units
  • Walking distance to transit & hospital
~$526
Monthly Maint.
116 Cornell Park
~20 Days
Avg Days on Market
110 Cornell Park
$2,700
Est. Monthly Rent
Comparable Units

Community Overview: Cornell

Cornell is one of Markham's most thoughtfully designed master-planned communities, built around walkability, green spaces, and neighbourhood connectivity. The combination of suburban comfort and urban accessibility continues to drive consistent buyer demand.

Key Amenities

  • Markham Stouffville Hospital — minutes away
  • Cornell Community Centre and Library
  • Cornell Bus Terminal — GO Transit, VIVA & York Region Transit
  • Highway 407 — GTA-wide access
  • Parks, trails & recreation facilities
  • Highly regarded public schools

Resale Value & Investment Factors

Properties on Cornell Park Avenue benefit from several factors that support long-term value: walkability, transit access, healthcare proximity, and the boutique scale of the buildings — smaller condo buildings appeal to buyers who prefer quieter residential environments compared with large high-rise complexes.

Who is Buying These Condos?

🔑 First-Time Home Buyers
💼 Young Professionals
📈 Real Estate Investors
🏥 Healthcare Workers

116 Cornell Park Ave represents one of the more affordable entry points into the Markham real estate market while still offering spacious layouts and convenient amenities near transit and Markham Stouffville Hospital.

Because Cornell continues to experience steady population growth, well-located condos like these remain in strong demand among both tenants and buyers throughout the year.

Frequently Asked Questions

What makes these condos different from typical apartments?
Many units feature multi-level townhouse-style layouts, providing more separation between living and sleeping spaces — a format increasingly desirable among buyers in Markham.
Are Cornell Park Condos good for first-time home buyers?
Yes. These properties often represent one of the more affordable entry points into the Markham real estate market while still offering spacious layouts and convenient amenities.
Are these condos good rental investments?
Units in this area often attract tenants due to proximity to Markham Stouffville Hospital, transit routes, and community amenities. Comparable two-bedroom rentals have recently achieved approximately $2,700 per month.
Are the buildings close to transit?
Yes. The Cornell Bus Terminal is nearby, offering connections to GO Transit, VIVA, and York Region Transit routes. Highway 407 is also minutes away.

Awards & Recognition

🏆 Diamond Award 2023Top Realtor in Markham
🥇 Titanium Award 2022Client Dedication
🥈 Platinum Award 2021Markham & Unionville Expert
⭐ Realtor of the Year2021 & 2022
🎖 Icon Award2024 & 2025

Thinking About Buying or Selling
in Cornell?

Whether exploring Cornell Park Avenue condos or planning to list, working with a knowledgeable local advisor simplifies the entire process.

Michael John Lau REALTOR® CPA CMA Markham
Michael John Lau
REALTOR® · CPA, CMA · Kaizen Real Estate Team · Markham, Ontario

Michael John Lau works closely with buyers and sellers across Markham and Unionville, helping clients navigate the local housing market with clear advice, strong negotiation strategies, and in-depth neighbourhood expertise. ICON Award 2024 & 2025 · 50+ verified 5-star Google reviews.