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14 ELPHEE LANE Markham (Cornell), Ontario

ELPHEE LANE, Markham (Cornell), ON, L6B0Z5

4 Beds

3 Baths

2,300 sq ft

Model Home
Listed

$1,399,000

Asking Price

14 ELPHEE LANE Markham (Cornell), Ontario, photo 1
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About This Property

Rare offering: Forest Hill Homes' original Rivergate MODEL HOME, meticulously maintained by its first & only owner! Built 2018, occupied only since 2020, this sun-filled corner home showcases the elevated finishes builders reserve for their showpiece. This home offers over 2300 square feet, soaring 9-ft ceilings on the main & an open-concept layout flooded with natural light through silhouette sheer blinds & motorized window coverings. Gourmet kitchen boasts granite counters, tile backsplash & premium KitchenAid S/S appliances incl. built-in hood fan/microwave. Model-home upgrades throughout: granite in ALL bathrooms, updated powder room w/ quartz, skylight, modern glass inserts, valance lighting & Wi-Fi dimmers. Spa-oasis primary ensuite & custom-organized walk-in closet create a true retreat. Family-smart design: laundry chute to main-floor laundry & abundant storage throughout. Smart-home ready: Nest doorbell & thermostat, Weiser keyless entry & Level 2 EV charger. Professionally interlocked front & back w/ backyard pergola featuring adjustable roof - entertain rain or shine! All this in Cornell, one of Markham's most sought-after family communities: steps to the park, minutes to top-rated schools, scenic trails, Cornell Community Centre & Markham Stouffville Hospital, with transit & Hwy 407 close by. Tree-lined streets, parks at every turn & a true community feel - homes like this don't come along often. Move-in ready, just unpack & enjoy! (id:24493) MLS® #N13648714 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA

Opportunity Analysis

Score: 0 / 10

Recommended Strategy:

Fix & Flip|Rental|Turnkey

Facts & Features

Property Type

Model Home

Status

Move-in ready

Square Feet

2,300 sq ft

Basement

Finished

Separate Entrance

No

Business Case

Strengths

Renovated by first owner

Weaknesses

High maintenance required

Opportunities

High demand in area

Threats

Market competition

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$279,800

Loan

$1,119,200

Monthly P+I

$7,497

Cash Flow Analysis

= $279,800  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $1,399,000 ÷ 12

Monthly Summary

Mortgage (P+I)

$7,497

Property Tax

$1,399

Total Out

$8,896

Rental In

$0

Net / Month

-$8,896

Net Cash Flow

NET / MO-$8,896

Enter rental income to activate the gauge

Asking Price

$1,399,000

Listed

Posted Aug 10, 2026 · 23 days ago

4 bd

·

3 ba

·

2,300 sqft

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