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    56 Old Oak Lane MLS Listings & Real Estate For Sale

    Discover the latest MLS® listings & real estate for sale in 56 Old Oak Lane! Browse 1 homes starting from $1,088,000 to $1,088,000. Find your dream home today — filter by price, beds, baths, and more!

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    56 Old Oak Lane MLS Listings & Real Estate For Sale

    Discover the latest MLS® listings & real estate for sale in 56 Old Oak Lane! Browse 1 homes starting from $1,088,000 to $1,088,000. Find your dream home today — filter by price, beds, baths, and more!

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    Semi-Detached House for sale at 56 Old Oak Lane, Markham, Cornell, L6B 0K7 - MLS: N12025571
    • New
    • For Sale

    56 Old Oak Lane

    Markham, Cornell, L6B 0K7

    • 3+1 Bedrooms
    • 3 Bath
    • 1 Garage

    $1,088,000
    Recently Sold in 56 Old Oak Lane
    Townhouse Condo Detached Semi-Detached Luxury Homes Luxury Condos

    Overview of Cornell, Markham Real Estate Market & MLS® Listings

    Here is a quick overview of Cornell, Markham Real Estate Market & MLS Listings by Home Type in the last 12 months.

    Detached Houses Real Estate Market Snapshot for Cornell, Markham

    The average price of a detached houses in Cornell, Markham was $1,441,820 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has decreased by 6% for detached houses in Cornell, Markham.
    • Over the last 3 months: Price has increased by 8% for detached houses in Cornell, Markham.
    • Over the last 12 months ending in March, 2025: Price has increased by 1% for detached houses in Cornell, Markham.

    Market Activity for Detached Houses in Cornell, Markham

    • Selling time: On average, it takes 25 days to sell a detached houses in Cornell, Markham, while same time last year it took 23 days to sell a detached houses.
    • Active Listings: Currently, there are 27 detached houses available for sale in Cornell, Markham.
    • Recent Sales:
      • In the month of March, 2025, 5 detached houses were sold in Cornell, Markham, compared to 6 detached houses sold in the same month last year. This represents a 17% decreased in sales.
    View Sold Detached Houses in Cornell, Markham

    List Price vs. Sold Price in Cornell, Markham

    • Detached Houses are currently selling for 104% of their asking price in Cornell, Markham. For example, if a house is listed at $1 million, it will likely sell for around $1.04 million.
      • 10 9 8 7 6 5 4 3 2 1 0 5.4 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    Semi-Detached Houses Real Estate Market Snapshot for Cornell, Markham

    The average price of a semi-detached houses in Cornell, Markham was $1,131,600 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has increased by 3% for semi-detached houses in Cornell, Markham.
    • Over the last 3 months: Price has decreased by 14% for semi-detached houses in Cornell, Markham.
    • Over the last 12 months ending in March, 2025: Price has decreased by 3% for semi-detached houses in Cornell, Markham.

    Market Activity for Semi-Detached Houses in Cornell, Markham

    • Selling time: On average, it takes 51 days to sell a semi-detached houses in Cornell, Markham, while same time last year it took 19 days to sell a semi-detached houses.
    • Active Listings: Currently, there are 4 semi-detached houses available for sale in Cornell, Markham.
    • Recent Sales:
      • In the month of March, 2025, 2 semi-detached houses were sold in Cornell, Markham, compared to 5 semi-detached houses sold in the same month last year. This represents a 60% decreased in sales.
    View Sold Semi-Detached Houses in Cornell, Markham

    List Price vs. Sold Price in Cornell, Markham

    • Semi-Detached Houses are currently selling for 93% of their asking price in Cornell, Markham. For example, if a house is listed at $1 million, it will likely sell for around $0.93 million.
      • 10 9 8 7 6 5 4 3 2 1 0 2.0 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    Freehold Townhouses Real Estate Market Snapshot for Cornell, Markham

    The average price of a freehold townhouses in Cornell, Markham was $1,185,971 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has increased by 4% for freehold townhouses in Cornell, Markham.
    • Over the last 3 months: Price has increased by 6% for freehold townhouses in Cornell, Markham.
    • Over the last 12 months ending in March, 2025: Price has decreased by 1% for freehold townhouses in Cornell, Markham.

    Market Activity for Freehold Townhouses in Cornell, Markham

    • Selling time: On average, it takes 22 days to sell a freehold townhouses in Cornell, Markham, while same time last year it took 28 days to sell a freehold townhouses.
    • Active Listings: Currently, there are 19 freehold townhouses available for sale in Cornell, Markham.
    • Recent Sales:
      • There were not enough sales data to calculate the number of sales for freehold townhouses in Cornell, Markham.
    View Sold Freehold Townhouses in Cornell, Markham

    List Price vs. Sold Price in Cornell, Markham

    • Freehold Townhouses are currently selling for 111% of their asking price in Cornell, Markham. For example, if a house is listed at $1 million, it will likely sell for around $1.11 million.
      • 10 9 8 7 6 5 4 3 2 1 0 2.7 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    Condo Townhouses Real Estate Market Snapshot for Cornell, Markham

    The average price of a condo townhouses in Cornell, Markham was $834,333 for the month of March, 2025

    Price Changes

    • Compared to last month: Price has increased by 9% for condo townhouses in Cornell, Markham.
    • Over the last 3 months: Price has decreased by 7% for condo townhouses in Cornell, Markham.
    • Over the last 12 months ending in March, 2025: Price has decreased by 12% for condo townhouses in Cornell, Markham.

    Market Activity for Condo Townhouses in Cornell, Markham

    • Selling time: On average, it takes 28 days to sell a condo townhouses in Cornell, Markham, while same time last year it took 31 days to sell a condo townhouses.
    • Active Listings: Currently, there are 13 condo townhouses available for sale in Cornell, Markham.
    • Recent Sales:
      • In the month of March, 2025, 3 condo townhouses were sold in Cornell, Markham, compared to 2 condo townhouses sold in the same month last year. This represents a 50% increased in sales.
    View Sold Condo Townhouses in Cornell, Markham

    List Price vs. Sold Price in Cornell, Markham

    • Condo Townhouses are currently selling for 107% of their asking price in Cornell, Markham. For example, if a house is listed at $1 million, it will likely sell for around $1.07 million.
      • 10 9 8 7 6 5 4 3 2 1 0 4.3 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

    Nearby Neighborhoods

    Berczy Box Grove Bullock Cedar Grove Greensborough Old Markham Village Raymerville Rouge Fairways Vinegar Hill Wismer Legacy

    FAQs about City/Community Real Estate

    How do I find the Value of my House in Cornell, Markham?

    It's simple! Give us a call at 647-276-5100, and we'll come to you for a free, in-person home valuation. One of our experienced real estate agents will visit your property and provide you with the most accurate, up-to-date market value based on local trends and insights. Prefer a digital option? You can also use our Home Value Estimator by clicking here, and we'll send you regular updates on your home's market value every month!

    How much will you charge to sell my house or condo?

    Our commission packages are designed to offer exceptional value while remaining competitive and flexible. We understand that every client and property is unique, so our commission structure is negotiable and tailored to meet your specific needs. Our listing fee can range from 1% to 2.5%. Our priority is to deliver outstanding service, marketing, and results to help you achieve your real estate goals. Feel free to give us a call and ask about our current promotions at 647-576-2100.

    What Type of Marketing Do You Use to Sell Homes?

    I utilize a comprehensive marketing strategy to ensure your home gets maximum exposure and attracts the right buyers. My approach includes:

    • Professional Photography & Videography: High-quality visuals to showcase your home. Check out some of our listing videos on YouTube as they have over 20k view on them, where we target buyers looking to purchase in your area.
    • Staging Consultations &/or Staging: Tips to present your home at its best.
    • Targeted Online Advertising: Campaigns on social media and property listing websites to reach potential buyers.
    • Email Marketing: Reaching out to a network of qualified buyers and agents.
    • Traditional Marketing: Flyers, brochures, and open houses to connect with local buyers.

    Learn more about how I can market your property effectively here: Full Marketing Plan to sell your Home/Condo

    How much do you charge to help me buy a house?

    As a buyer, you typically don’t pay any commission for our services. In most cases, the seller covers the real estate commission for both their agent and the buyer’s agent. This means you get full professional support — at no cost to you — while we help you find the perfect home, negotiate the best deal, and guide you through the entire process. Call 647-576-2100 to find out our latest promotions for buyers.

    What is the first step in buying a home in Cornell, Markham?

    The first step in your home-buying journey is to get pre-approved for a mortgage. This not only helps you determine your budget but also gives you a clear idea of what you can afford before you start house hunting. Need guidance? Check out this article where we walk you through each step of the process! Click Here

    What is the average detached house price in Cornell, Markham?

    Average detached house price in Cornell, Markham is $1,456,413. Click here to check out detached homes for sale in Cornell, Markham.

    What is the average townhouse price in Cornell, Markham?

    Average freehold townhouse price in Cornell, Markham is $1,104,308 whereas the average condo townhouse sells for $814,734 with a monthly maintenance fee of $267 . Click here to check out detached homes for sale in Cornell, Markham.

    What is the average semi-detached house price in Cornell, Markham?

    Average semi-detached house price in Cornell, Markham is $1,174,707. Click here to check out detached homes for sale in Cornell, Markham.

    What is the average price of a 2 bedroom Condo in Cornell, Markham?

    Average price of a 2 Bedroom Condo in Cornell, Markham is $703,898.

    What is the maintenance fee of a 2 bedroom condo in Cornell, Markham?

    Average maintenance fee of a 2 bedroom condo in Cornell, Markham is $576 for last 12 months.

    What are the average property taxes for homes and condos in Cornell, Markham?

    The average property taxes vary based on the type of home in Cornell, Markham for the last 12 months:

    • Detached House: $5,679
    • Semi-Detached House: $3,831
    • Townhouse: $3,517
    • 2 Bedroom Condo Apartment: $2,522

    These figures provide an estimate of what homeowners can expect to pay annually in property taxes on an average house or condo in Cornell, Markham. Property taxes will vary depending on the property value, property type, location, size, zoning and many other factors.

    How much land transfer tax do I have to pay to buy a house in Cornell, Markham?

    The average price of a house in Cornell, Markham is $1,456,413, which means you can expect to pay approximately $25,603.26 in land transfer tax at closing. However, if you're a first-time homebuyer, you may qualify for a rebate of up to $4,000, making homeownership more affordable.

    Land transfer tax in Ontario is $4,475 for properties priced at $400,000. For amounts exceeding $400,000, the tax is 2% up to $2 million, and 2.5% for amounts over $2 million. If you’re buying a home in Toronto times that figure by 2 because Toronto is the only municipality charging Land Transfer Tax.

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