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Listed 9 days ago

2 Cummings Court

Thornlea, Markham

$1,878,000

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

Stunning Detached Home $$$$ Spent On Top To Bottom Renovation In Desirable Thornhill Neighbourhood, Excellent Location To Raise A Family.No Detail Is Over Looked.Ideal For Entertaining And Family Living.Fabulous Open Concept Layout With 4+2 Bedrooms.Hardwood Stairs W/Oversized Skylight and south-facing Boasts Tons Of Natural sunlight.Gourmet,Chef Inspired Modern Kitchen Open In Design To breakfast area walk-out to private fenced backyard, Features B/I s/s Appliances, Quartz Countertop, Waterfall Island and Backsplash.Spacious Dining Rm Open To Living Room W/large window.Four Bedrooms Upstairs Including A Private Master Retreat Boasting 4Pc Ensuite.Seprate entrance basement(2023) , 2 Bedroom with bright window, 4 pc washroom, Legal seprate entrance.main floor tenant pays 4000/monthly, basement tenant pays 2050/monthly. tenants prefer to continue lease or terminate base on buyer's preference. The seller does not retrofit statuse of basment.Buyer/agent verify the measurements & Taxes.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,373
Lot Size62.05 ft x 101.41 ft
mls© NumberN13606758
Listed ByHOMELIFE/BAYVIEW REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,612
Property tax
$614
Heat allowance
$150
Housing costs
$10,377 / mo

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

Down payment20% · $375,600
25-yr amortization

Income needed

$319,000

gross annual household income

Payment at 4%
$7,903 / mo
Cash down
$375,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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