55 Mikayla Lane
Cornell, Markham
$888,000
2024 Built Freehold Luxury 4 Bdrm Townhome In Highly Desirable Cornell, Markham! Functional Floorplan (Approx.1620 Sqft) w/Lots of Natural Sunlight, 9' Ceiling, hardwood flooring on 2nd Fl and 2 Good Size Balconies. Modern Kitchen w/SS Appliances, Quartz Countertop, Stylish Backsplash & Centre Island w/Breakfast Bar. The Bright And Inviting Living And Dining Areas Are Perfect For Both Everyday Living And Entertaining. Primary Bedroom w/ A Spa-Inspired Ensuite Bath and a Walk Out Balcony. Two Additional Bedrooms And A Full Bathroom Provide Ample Space For Family And Guests. Direct Access to Garage. Close to 407/ Community Center/Supermarket/Shops/Restaurants/Markham Stouffville Hospital & Cornell Bus terminal. Great Opportunity for Self Use or Investment. Please note, some of these photos are virtually staged.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,967 |
| Lot Size | 14.76 ft x 98.43 ft |
| mls© Number | N13506302 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,545
- Property tax
- $331
- Heat allowance
- $150
- Housing costs
- $5,026 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$155,000
gross annual household income
- Payment at 4%
- $3,737 / mo
- Cash down
- $177,600
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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