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Cedarwood, Markham
$1,249,900
YOUR SEARCH ENDS HERE, THIS BEAUTIFUL SEMI DETACHED HOME IN DESIRED CEDARWOOD AREA WITH FINISHED 3 BEDROOM APPARTMENT BASEMENT W/SEPARATE ENTERENCE which provides excellent rental income potential. STEP inside to discover 9-foot ceilings, elegant hardwood floors, and stylish California shutters throughout. Upstairs, you WILL find two master bedrooms, each with a luxurious 5-piece ensuite. HARDWOOD FLOORING THROUGH OUT. KITCHEN WTH S/S APPLIANCES. this home is just a short walk from Costco, Canadian Tire, Winners, Home Depot, Walmart, Kirkham Cricket Ground, and the Amazon Full fillment Center. Plus, its only minutes away from Highway 407, supermarkets, and Markville Mall.
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $5,825 |
| Lot Size | 24.61 ft x 118.9 ft |
| mls© Number | N13421978 |
| Listed By | GALAXY STARS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,398
- Property tax
- $485
- Heat allowance
- $150
- Housing costs
- $7,033 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$216,000
gross annual household income
- Payment at 4%
- $5,260 / mo
- Cash down
- $249,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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