378 Arthur Bonner Avenue, Unit 55, Markham, ON

$899,000
MLS#:N11897048
2 beds
3 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Cornell. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $899,000 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.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Luxurious and modern, this beautifully upgraded 3-storey townhome is nestled in the Cornell community and offers approximately 1,500 sq ft of sophisticated living space. Features an expansive open-concept layout with elegant laminate flooring throughout, a gourmet kitchen with granite countertops, a center island with a breakfast bar, and stainless steel appliances, as well as a lavish master suite complete with a walk-in closet and a luxurious ensuite, a stunning rooftop terrace perfect for entertaining. Direct garage access on the main level. Just steps from Markham Stouffville Hospital, YRT and GO transit, and minutes from Highway 407, top-rated schools, Markville Mall, plazas, parks, and more. **EXTRAS** S/S Stove, Fridge, Dishwasher, Hood Fan W/Microwave, Washer, Dryer, All Existing Elfs, Blinds. Hot Water Tank is Rental.

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Property Summary

This townhouse located at 378 Arthur Bonner Avenue, Markham is currently for sale and has been available on SousaSells for 572 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 2 beds, 3 bathrooms, and is 1400-1599 square feet. 378 Arthur Bonner 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
2
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 25, 2025
Sold price information is available to members only
Listed Date12/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick Front
BasementNone
CountyYork
Annual Tax$3,258.98

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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378 Arthur Bonner Avenue, Unit 55, 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 378 Arthur Bonner Avenue, Markham, ON L6B 0R1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$269,700 (30.0%)
* Minimum Canadian down payment required for this price is $64,900.
Amortization Period30 Years
Estimated Monthly Payment$2,992Based on a loan of $629,300 over 30 years.
Purchase Price$899,000
Loan Amount$629,300
Provincial Land Transfer Tax:$14,455
Total Estimated Closing Taxes:$14,455

About Purchasing a Home in Markham, ON

For a property listed at $899,000 in Markham, the legal minimum down payment is $64,900 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 $14,455 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 $14,455.

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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$1,077,952

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.