New deals every week. Shop Deals →

3 LOUNTS LANE Markham (Cornell), Ontario

LOUNTS LANE, Markham (Cornell), ON, L6B1R9

3 Beds

2 Baths

2,080 sq ft

Townhome
Listed

$1,074,990

Asking Price

3 LOUNTS LANE Markham (Cornell), Ontario, photo 1
1 / 4

About This Property

Welcome to Terrace Park Towns featuring this Brand New, Never Lived in - Large Family Sized Townhome!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 unfinished basement with an oversized window for a future bedroom, a Rough in for a 3 piece bathroom & a rough in for a future 2nd Laundry connection. When used in combination with the ground level's rec space that has a separate entrance.. the potential is huge & your future basement suite will make the in-laws smile!This Pineridge Model is 2080 sq ft & features key upgrades from oversized ceramic tiles to upgraded cabinetry. The kitchen features a natural stone countertop, a large pantry & a stainless steel appliance package. Just off the kitchen, you have direct access to a private outdoor terrace w/over 100 sq. ft. of outdoor living space.The 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 includes HST. ***NOTE: This townhome qualifies for the expanded HST relief programs which allows the purchaser to apply for after closing rebates to the purchaser of just over $100,000*** Move in ready for quick closing. No Occupancy Fees.EXTRAS: 8' ceilings (1st & Bsmt), 9' ceilings (2nd & 3rd), smooth ceilings throughout, hardwood & ceramic tile (1st, 2nd & hallway on 3rd). Carpet in bedrooms only. Dual zone heating allowing for separate heating/cooling settings in the 2 zones - Basement + 1st floor AND 2nd + 3rd floor providing ultimate comfort year round. Central A/C, Oak stairs w/metal pickets. Full TARION warranty. (id:24493) MLS® #N13032646 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

Townhome

Status

Brand New

Square Feet

2,080 sq ft

Basement

Unfinished with potential for 2 additional bathrooms and separate suite

Separate Entrance

Yes

Business Case

Opportunities

Qualifies for expanded HST relief programs with rebates of over $10,000

Potential for multi-generational living and additional revenue streams

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$214,998

Loan

$859,992

Monthly P+I

$5,760

Cash Flow Analysis

= $214,998  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $1,074,990 ÷ 12

Monthly Summary

Mortgage (P+I)

$5,760

Property Tax

$1,075

Total Out

$6,835

Rental In

$0

Net / Month

-$6,835

Net Cash Flow

NET / MO-$6,835

Enter rental income to activate the gauge

Asking Price

$1,074,990

Listed

Posted May 24, 2026 · 11 days ago

3 bd

·

2 ba

·

2,080 sqft

Interested in this property?

Get details and a cash offer from our team.

Or call (647) 333 0170