$999,990
Markham
19 Lounts Lane, Markham (Cornell), Ontario, L6B1R9
This 3-bedroom, 5-bathroom condo in Markham is for sale offering roughly 2,250 sq ft of space.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 49 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 3-bed single family in Markham (Cornell) has been listed for 48 days, which is 1 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,990, about 8.3× the local median household income of $121,000.
Carrying it typically needs a household income of about $195,333 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6B)
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Loading rates, 30-yr amortization
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