56 Old Oak Lane, Markham, ON
Property no longer active
This property was sold on April 10, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of Cornell. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $998,000 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 23 x 89 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Situated In The Sought-After Cornell Community Of Markham, This Beautiful 3-Storey Semi-Detached Home Combines Modern Style With Convenience. The Neighborhood Offers A Perfect Balance Of Tranquility And Accessibility, With Nearby Amenities Including A Hospital, Library, Park, Public Transit, And Recreational Centers. The Home Also Boasts Stunning Views Of The Open Farm Field, Offering A Serene And Peaceful Atmosphere, Perfect For Relaxing After A Busy Day. You Can Enjoy Beautiful Sunrises From The Yard, And Sunsets From The Second Floor, With Very Sunny, South-Facing Windows That Fill The Home With Natural Light.The Main Level Features A Bright Office, A Spacious Open-Concept Living Room, And A Beautifully Upgraded Kitchen With Quartz Countertops, A Ceramic Backsplash, And A Central Island. The Second Level Is Designed For Family Living, With A Large Family Room Combined With A Sitting Area, Ideal For Relaxation And Entertaining.On The Third Floor, You'll Find Three Generously-Sized Bedrooms, Including A Primary Suite With A Double Closet. The Home Also Includes An Unfinished Basement, Providing Endless Potential To Create Your Ideal Space. With Modern Comforts Like Central Air Conditioning, Gas Heating, And A Private Driveway With An Attached Garage, This Freshly Painted Home Is Ready For Immediate Occupancy.Its Blend Of Style, Functionality, And Prime Location, Including The Serene Open Farm Field View, Beautiful Sunrises From The Yard, And Sunsets From The Second Floor, Makes It The Perfect Place To Call Home.
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Property Summary
This detached home located at 56 Old Oak Lane, Markham is currently for sale and has been available on SousaSells for 485 days. This property is listed at $998,000 with an estimated mortgage of $3,322* per month. It has 4 beds, 3 bathrooms, and is 2000-2500 square feet. 56 Old Oak Lane, Markham is in the Cornell neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Other
Security Features
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Location
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 56 Old Oak Lane, Markham, ON L6B 0K7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $998,000 in Markham, the legal minimum down payment is $74,800 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 $16,435 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 $16,435.
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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.