266 Riverlands Avenue, Markham, ON

$1,299,900
MLS#:N12234992
4 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cornell. Expertly crafted featuring premium board & batten and stone construction, this residence presents an exceptional opportunity offered at $1,299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 29.04 x 104.99 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Live in Prime Cornell! This wonderful, friendly neighborhood has something for everyone. Steps away from all essential amenities, including highly rated schools, Cornell Community Center, Cornell Community Park, baseball diamonds, pickle-ball courts, basketball court, enclosed dog park, library, hospital, GO train station, 407, Walmart Superstore, Markville Mall, and the new Cornell Bus Terminal. This beautiful home is lovingly cared for by the owners and situated on a quiet street in a child-friendly neighborhood, facing a parkette. Once a model home, this gem has all the bells and whistles that people dream of. Enjoy the bright, open concept and functional layout with 9' ceilings on the main floor. Hardwood floors throughout the main floors. Living and dining areas are perfect for all family sizes, featuring pot lights, crown molding, and an iron picket stairwell. Living room facing parkette (is being used as an office). The bright modern kitchen boasts granite countertops, a center island, newer fridge, stove, and hood fan since 2022, porcelain tile backsplash, pot-filler faucets, and ample storage for everything. The professional interlock front and backyard add to the charm (approx. $20K spent). The large master bedroom includes a walk-in closet and a spa-like en-suite with a separate shower and oversized tub. The finished basement features a recreation room, living room, built-in shelf, wet bar with a new wine cooler, a bedroom, and a four-piece washroom. This house offers an approximate 3000+ sq ft of living space. Just move in and enjoy! Detached Garage In Laneway With Building Potential For Future Income Property Coach House or extra space (city permits required and not included).

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Property Summary

This detached home located at 266 Riverlands Avenue, Markham is currently for sale and has been available on SousaSells for 391 days. This property is listed at $1,299,900 with an estimated mortgage of $4,327* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 266 Riverlands Avenue, Markham is in the Cornell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 3, 2025
Sold price information is available to members only
Listed Date6/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBoard & Batten , Stone
BasementFinished
Lot Size29.04 × 104.99 Feet
CountyYork
Annual Tax$5,586.6
Legal DescriptionLot 154, Plan 65M4375

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Park

Interior Features

Storage

Security Features

Community Features

Virtual Tours

Location

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266 Riverlands Avenue, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 266 Riverlands Avenue, Markham, ON L6B 0W2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate4.00%
Down Payment$389,970 (30.0%)
* Minimum Canadian down payment required for this price is $259,980.
Amortization Period30 Years
Estimated Monthly Payment$4,327Based on a loan of $909,930 over 30 years.
Purchase Price$1,299,900
Loan Amount$909,930
Provincial Land Transfer Tax:$22,473
Total Estimated Closing Taxes:$22,473

About Purchasing a Home in Markham, ON

For a property listed at $1,299,900 in Markham, the legal minimum down payment is $259,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,473 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cornell, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,077,015

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Cornell Village
Public186 Country Glen Road, Markham, Ontario, L6B 1B5
7.2
Rouge Park
Public568 Riverlands Avenue, Markham, Ontario, L6B 1A6
8.2
St Joseph
Public388 White's Hill Avenue, Markham, Ontario, L6B 0J3
7.6
Reesor Park
Public69 Wootten Way North, Markham, Ontario, L3P 2Y5
7.0
Donald Cousens
PublicDonald Cousens Parkway, Markham, Ontario, L6B 1A6
8.9

Secondary Schools

Bill Hogarth
Public100 Donald Sim Avenue, Markham, Ontario, L6B 0R4
8.3
Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.