81 Pearl Lake Rd
Cornell, Markham, Ontario L6B 0X6
- Bedrooms
- 4+1
- Bathrooms
- 5
- Size
- 2,500–3,000sq ft
- Per sq ft
- $472at the range’s middle
- Lot
- 36.12 x 82.1 ft
- Tax a year
- $7,2732026 tax year
- Built
- 6-15
- Parking
- 42 attached
- Days on market
- Members
The brief
About 81 Pearl Lake Rd
81 Pearl Lake Rd is a 4+1-bedroom, 5-bathroom detached house in Cornell, Markham, listed for sale at an asking price of $1,298,000 (MLS® N14109556).
Welcome to 81 Pearl Lake Rd, Newly Renovated Luxury 4 +1 Bedrooms Double Garage Detach Home In The Highly Sought-After Cornell Community. Offering Approximately 2,915 sq. ft. Of Above-grade Living Space Plus An Additional 1,308 sq. ft. Of Professionally Finished Basement, This Spacious Home Combines Elegance, Comfort, And Functionality. 2 Car Detached Garage Pus 1 Carpark outdoor. Featuring a Grand Double-door Entrance And Covered Front Porch, A Stunning 20-ft Cathedral Ceiling In The Family Room, 9 Ft Ceilings On Main Floor ,Pot Lights & Hardwood Floor Throughout Main & 2nd Floor, Modernized Kitchen With High-End Stainless Steel Appliances (Fridge not included in Main Floor). The Expansive Primary Bedroom Features a Large Walk-in Closet, a Luxurious 5-Piece Ensuite With a Glass-enclosed Shower, A Private Retreat Area, And a Cathedral Ceiling. The Bright Second Bedroom Boasts Its Own 4-Piece Ensuite With Large Windows & Closet. The Professionally Finished Basement Offers Additional Living Space, Including One Spacious Bedroom, A Kitchen, A Full Bathroom, And High-end Vinyl Flooring Throughout, Along With a Secondary Kitchen And Laundry area (Washer and dryer are excluded). Energy Save Solar Panel installed. Great Location: Steps To School, Cornell Community Centre, Parks, Top-Rated Schools, Markham Stouffville Hospital, Public Transit, Shopping, And Major Highways. Must See!
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall21/100−$2,528/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 5 bedrooms for lease in Cornell right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,273 / 2026
- MLS® number
- N14109556
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 6-15
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 36.12 x 82.1 ft
- Listed on
- Parking
- 2 Attached, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Cornell
- Municipality
- Markham
Building
- Size
- 2500-3000 sqft
- Building Age
- 6-15
- Construction
- Brick
Inside
- Bedrooms
- 4+1
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 4pc 2nd, 1 × 3pc 2nd, 1 × 4pc Bsmt
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Other
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 2
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 36.12 ft
- Depth
- 82.1 ft
- Lot Size
- 36.12 x 82.1 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Range Hood, Fridge (1), Washer (1) And Dryer (1), Water Softener, All Elfs.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.32 × 3.65 m | Ceramic Floor, Pot Lights, Stainless Steel Appl | Main |
| Family | 4.39 × 4.88 m | hardwood floor, Gas Fireplace, Window Flr to Ceil | Main |
| Breakfast | 3.35 × 3.65 m | Ceramic Floor, O/Looks Backyard, W/O To Garden | Main |
| Den | 3.05 × 3.66 m | hardwood floor, Open Concept, O/Looks Family | 2nd |
| Primary | 4.2 × 5.42 m | hardwood floor, 5 Pc Ensuite, East View | 2nd |
| 2nd Br | 3.05 × 3.35 m | hardwood floor, 4 Pc Ensuite, South View | 2nd |
| 3rd Br | 3.05 × 3.54 m | hardwood floor, B/I Closet, South View | 2nd |
| 4th Br | 3.14 × 3.35 m | hardwood floor, Large Closet, Large Window | 2nd |
| 5th Br | 0.0 × 0.0 m | Vinyl Floor | Bsmt |
| Kitchen | 0.0 × 0.0 m | Vinyl Floor, Pot Lights | Bsmt |
Listing history
Buy/sell history for 81 Pearl Lake Rd, Markham, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,298,000 | N/A | Sc | N14109556 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $259,600
- Total mortgage amount
- $1,038,400
- Total interest payment
- $738,200
- Total purchase cost
- $2,036,200
- Mortgage payment
- $5,922/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
54%Monthly carrying cost
$6,528- Rent $4,000
- Shortfall $2,528
Rental income opens at $4,000, the median asking rent of 5 comparable homes for lease in Cornell. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $22,435
- Total land transfer tax
- $22,435
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $18,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,298,000
- $17,960
- Ontario total
- $22,435
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,965 sq ft275 m²
- Street frontage
- 36.12 ft11 m
- Depth
- 82.1 ft25 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- 3 water-supply wells recorded within 250 mAll were drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 13.4 m.250 m
- Groundwater recorded about 4.3 m below ground nearbyThe middle water level in the well records within 500 m (24 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 6.0 km6 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
The market
Detached homes for sale in Cornell right now
- For sale now
- 24
- Median asking price
- $1.35M
- New in 7 days
- 3
- Price cuts
- 17%
Middle half: $1.2M to $1.4M
9 in 28 days
4 listings
This home is asking 4% below the median.
See all homes in CornellAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Markham Stouffville Hospital | YRT bus rapid transit: Viva Purple | 1.5 km |
| Cornell Bus Terminal | YRT bus rapid transit: Viva Purple | 1.7 km |
| Highway 7 / Wootten | YRT bus rapid transit: Viva Purple | 2.6 km |
| Markham GO | GO Transit train: Stouffville | 3.9 km |
| Mount Joy GO | GO Transit train: Stouffville | 4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Rouge Park Public SchoolYork Region DSB | Public · grades JK–8 | 200 m | 93%Grade 6 average |
| Black Walnut Public SchoolYork Region DSB | Public · grades JK–8 | 650 m | 87%Grade 6 average |
| St Kateri Tekakwitha Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 2.6 km | 81%Grade 6 average |
| École élémentaire Laure-RièseConseil scolaire Viamonde | French-language public · grades JK–6 | 9 km | 88%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bill Hogarth Secondary SchoolYork Region DSB | Public · grades 9–12 · French Immersion | 1.2 km | 78%Grade 9 math |
| Markham District High SchoolYork Region DSB | Public · grades 9–12 | 3 km | 77%Grade 9 math |
| St Brother André Catholic High SchoolYork CDSB | Catholic · grades 9–12 · French Immersion | 3.5 km | 69%Grade 9 math |
| ÉSC Pape-FrançoisConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.2 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Cornell are shown to signed-in members.