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Rouge Fairways, Markham
$1,798,800
Power of Sale opportunity in the highly sought-after Rouge Fairways community of Markham. Spacious detached home on a corner lot offering excellent potential for end-users, renovators, or buyers looking to personalize a home to their own taste. Conveniently located close to Costco, Walmart, schools, parks, restaurants, and everyday amenities, with easy access to Markham Road, Highway 407, Highway 401, and York Region Transit. Buyer and buyer's agent to verify all information, measurements, taxes, and property details. Property is being sold as-is, where-is, with no representations or warranties. Offering approximately 3,550 sq. ft. of living space at an attractive $507 per sq ft. Competitively priced, relative to comparable executive homes of similar size, this residence offers attractive value in today's market and provides an opportunity for buyers to complete cosmetic updates and create a home tailored to their preferences.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $7,900 |
| Lot Size | 42.68 ft x 115 ft |
| mls© Number | N13553926 |
| Listed By | BENCHMARK SIGNATURE REALTY 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%
- $9,207
- Property tax
- $658
- Heat allowance
- $150
- Housing costs
- $10,015 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$308,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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