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Cornell, Markham
$1,340,000
Luxury Home in Cornell Community. Approx. 2500 Sf. Good exposure. 9 Ft Ceiling On Main Flr and Hardwood flooring throughout all levels. Practical Layout. Spacious Living & Dining & Family Room. Family Size Breakfast Area. 4 Large Bdrms Including 2 Ensuite. Basement with Separate entry, Kitchen, 2 large Bedroom and 1 Full washroom entrance and is already rented out to active tenants. Step to Hospital & Public Transit. Close To New Cornell Community Centre & Library. Mins to Hwy7. *For Additional Property Details Click The Brochure Icon Below*
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,672 |
| Lot Size | 29.53 ft x 82.02 ft |
| mls© Number | N13549286 |
| Listed By | ICI SOURCE REAL ASSET SERVICES INC. |
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%
- $6,859
- Property tax
- $473
- Heat allowance
- $150
- Housing costs
- $7,481 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$230,000
gross annual household income
- Payment at 4%
- $5,639 / mo
- Cash down
- $268,000
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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