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Listed 29 days ago

16 Wild Cherry Lane

Royal Orchard, Markham

$3,488,000

Detached|2-Storey
4 | 7 | 6
About this home

This Iconic Masterpiece Expertly Crafted In 2023, In The Prestigious Pocket of Royal Orchard On A Quiet Corner Lot, Boasting A Perfect Blend Of Contemporary/Modern Design, The Latest Tech&Comfort,Sophistication&Elegance >> 4,031 Sq.Ft + Finished W/O Basement >> Total ~ 5,700 S.F! This Beauty Delivers Extensive Use of Custom Millwork& Crafted Built-Ins Enriched with Modern Designer Stylish Accents: Blending Wood, Porcelain Slabs,Glass,Mirror,Custom Light Fixtures,Inlay Led Lighting& Other Trendy Materials! Timeless Curb Appeal with Quality Pre-Cast Facade! Wide 8" Engineered Hardwood Porcelain Slabs for Flrs! Open Concept Living/Dining/Staircase/Foyer&Library! A Comfortable Elevator with 3 Stops! Open Rising Main Staircase withTempered Glass Railing, Oak Hand-railing & Skylights Above. Elegant Modern Open Concept Library with Incredible Designer Accent Wall Includes Porcelain Slab& Hidden/Inlay Lighting, Custom Built-In Shelves! Main Level with 10' Ceiling, Large Dramatic Family Rm with Modern Wall Unit, Gas Fireplaces and A Decorative Wine/Drink Rack Walk-Out to A Family Sized Deck. The Chef-Inspired Kitchen Includes Quality Cabinetry, State-Of-The-Art Appliances, Island, Breakfast Bar, Countertops& An Extra Catering Kitchen/Servery. Amazing Guest Closets with Mirror and Fantastic Powder Rm with Magnificent Design. Upstairs with ~9' Cling Includes the Primary Suite Showcases a Designer Bed Board, Two-Way Fireplace, Boudoir Boutique Style Walk-In Closet& Make-Up Desk, Spa-Inspired 6-Pc Ensuite with Smart Toilet& Heated Flr. Additional 3 Bedrooms Offer Own Ensuite, and Walk-In Closet! The Finished Walk Out Lower Level Boasts 10' Clings, Heated Floors, A Beautiful Wall Unit, Center Island, Full 2nd Kitchen, Nanny Rm, 2nd Bedroom/Gym& 2nd Laundry Rm! Outside Features: Underground Irrigation System, Large Extra Side Yards, Fully Fenced Backyard and A Gate! Heated Flr: Foyer, Powder Rm, Basement, Garage,and Master Ensuite! Snow Melting for Driveway,Steps,Outside Landing.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$13,852
Lot Size55 ft x 109.1 ft
mls© NumberN13528808
Listed ByRE/MAX REALTRON BIJAN BARATI REAL ESTATE

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%
$17,853
Property tax
$1,154
Heat allowance
$150
Housing costs
$19,157 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $697,600
25-yr amortization

Income needed

$589,000

gross annual household income

Payment at 4%
$14,678 / mo
Cash down
$697,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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