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Cornell, Markham
$999,990
Welcome to Terrace Park Towns featuring this Brand New, Never Lived in - Large Family Sized Townhome - Former Model Home!On the upper 2 floors, you will find your open concept living,a den with glass partition wall, bright kitchen, 3 bedrooms & 2.5 bathrooms. On the ground level, you will find a multi use space (can be used as a rec room, office, living room, etc), a powder room & 2 entrances (front+back door). If you are looking for multi-generational living potential, this townhome features an finished basement complete with with an oversized window in the bedroom, a 3 piece bathroom & a 2nd Laundry connection. When used in combination with the ground level's rec space that has a separate entrance & built-in wet bar,the potential is huge & your basement suite will make the in-laws or overnight guests smile!This Pineridge Model is 2071 sq ft + 318 finished basement bringing the total living space to approx 2389 sq. ft. Many features including key upgrades from oversized porcelain tiles to upgraded cabinetry. The kitchen features a natural stone countertop, a large pantry & a stainless steel appliance package. No carpeting anywhere in the house!Just off the kitchen, you have direct access to a private outdoor terrace w/over 100 sq. ft. of outdoor living space.The main Laundry is conveniently located on the bedroom level. Washer & dryer incl'd. Direct from Builder - State Building Group/Forest Hill Homes, Terrace Park Towns. The purchase price listed is subject to HST however the HST Enhanced Rebate Program for qualified purchasers can be credited on closing to offset the HST for principal residence purchases. The HST is payable on top of the purchase price at closing if purchaser does not qualify for the rebate or is purchasing for investment.Move in ready for quick closing. No Occupancy Fees.Taxes based on LAND VALUE ONLY. Will be reaccessed by MPAC after closing.
No extras listed.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 2000-2500 sq. ft. |
| Property Tax | $2,043 |
| Lot Size | 18 ft x 75 ft |
| mls© Number | N13798768 |
| Listed By | PMA BRETHOUR REAL ESTATE CORPORATION INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $170
- Heat allowance
- $150
- Housing costs
- $5,439 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$167,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $199,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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