LOUNTS LANE, Markham (Cornell), ON, L6B1R9
3 Beds
2 Baths
2,080 sq ft
$1,074,990
Asking Price
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
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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
Opportunities
• Qualifies for expanded HST relief programs with rebates of over $10,000
• Potential for multi-generational living and additional revenue streams
Down Payment
Canadian semi-annual compounding
Down
$214,998
Loan
$859,992
Monthly P+I
$5,760
= $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
Enter rental income to activate the gauge
Asking Price
Posted May 24, 2026 · 11 days ago
3 bd
·
2 ba
·
2,080 sqft
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