168 Gas Lamp Lane, Markham, ON

$999,999
MLS#:N12997024
4 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Cornell. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $999,999 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 1500-2000 sqft on a premium 42.91 x 104.99 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

First time on the market! Offering 1980 sq ft, this bright and spacious semi-detached property, sits on a premium sized wide corner lot offering the perfect blend of comfort and functionality. It features an open-concept layout, generous principal rooms, and large windows, producing plenty of natural light throughout. The kitchen includes a second entrance to the home and flows seamlessly into the living and dining areas, ideal for both everyday living and entertaining, and is equipped with brand new stainless steel appliances (fridge, stove, and dishwasher). Upstairs, you'll find well-sized bedrooms perfect for growing families. Enjoy peace of mind with key updates including a roof (2019), furnace (2025), and washer and dryer (2024). The surrounding neighbourhood offers parks, trails, and a strong sense of community. Conveniently located just minutes from Markham Stouffville Hospital, Cornell Community Centre, and a highly connected transit system at your doorstep with easy access to the nearby Cornell Bus Terminal, serviced by both local and GO Transit, this home is perfect for buyers looking to enter the Markham market. Families will appreciate access to top-rated local schools, including Black Walnut Public School and Bill Hogarth Secondary School. Whether you're a first-time buyer, growing family, or savvy investor, this home truly feels like a detached property-offering space, comfort, and an incredible opportunity to own in a high-demand area with strong long-term upside.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date4/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size42.91 × 104.99 Feet
CountyYork
Annual Tax$4,594
Legal DescriptionPT LT 308, PLN 65M3767, PTS 1 & 2, 65R28073, MARKHAM. S/T EASE OVER PT 2,65R28073 IN FAVOUR OF THE CORPORATION OF THE TOWN OF MARKHAM, AS IN YR519076. T/W ROW OVER PT LTS 14 & 15 CON 9 PT 7, 65R16145 UNTIL SUCHTIME AS DEDICATED FOR HIGHWAY PURPOSES AS IN MA71206. S/T EASEMENT FOR ENTRY AS IN YR661367.

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

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

Interior Features

Other

Security Features

Community Features

Location

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168 Gas Lamp Lane, 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 168 Gas Lamp Lane, Markham, ON L6B 1K5

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 Rate5.25%
Down Payment$75,000 (7.5%)
* Minimum Canadian down payment required for this price is $75,000.
Amortization Period25 Years
Estimated Monthly Payment$5,512Based on a loan of $924,999 over 25 years.
Purchase Price$999,999
Loan Amount$924,999
Provincial Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$16,475

About Purchasing a Home in Markham, ON

For a property listed at $999,999 in Markham, the legal minimum down payment is $75,000 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 $16,475 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 $16,475.

Nearby Listings

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No current listings found in Markham.

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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$1,033,437

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
St Joseph
Public388 White's Hill Avenue, Markham, Ontario, L6B 0J3
7.6
Rouge Park
Public568 Riverlands Avenue, Markham, Ontario, L6B 1A6
8.2
Reesor Park
Public69 Wootten Way North, Markham, Ontario, L3P 2Y5
7.0
Little Rouge
Public571 Country Glen Road, Markham, Ontario, L6B 1E8
6.4

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.