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New2 days ago

19 Lounts Lane

Cornell, Markham

$999,990

Freehold Townhouse|3-Storey
3 | 5 | 2
About this home

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.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeAtt/Row/Townhouse
Style3-Storey
Approx. AgeNew
Size2000-2500 sq. ft.
Property Tax$2,043
Lot Size18 ft x 75 ft
mls© NumberN13798768
Listed ByPMA BRETHOUR REAL ESTATE CORPORATION INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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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.

Down payment20% · $199,998
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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