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Listed 2 months ago

40 Ann Louise Crescent

Cedarwood, Markham

$1,449,900

Detached|2-Storey
4 | 5 | 5
About this home

Welcome to your dream home in one of the most desirable neighborhoods! This beautifully upgraded detached home offers over 4,600 sq. ft. of living space and sits on a premium, ravine lot. Enjoy a private backyard-perfect for family gatherings, no neighbours on one side, outdoor entertaining, or simply relaxing while taking in serene views of green space, parkland, and tranquil ponds from your expansive deck. The bright, walk-out basement is fully finished, ideal for multi-generational living or potential rental income. This home is thoughtfully equipped with a fully owned furnace and A/C, plus an extended driveway that easily accommodates up to five vehicles. Inside, you will find a recently renovated kitchen, upgraded flooring, pot lights throughout (including outdoor pot lighting), freshly painted rooms, front entrance steps redone, many new upgraded fixtures, soaring 9-foot ceilings on the main level, and a grand 15-foot foyer that makes a stunning first impression. Wide corridors add to the open, luxurious feel of the home. Conveniently located within walking distance to Markham Road and Steeles Avenue, with easy access to public transit and top-rated schools. Enjoy nearby amenities such as Costco, Walmart, Shoppers Drug Mart, multiple plazas, banks, community centers, and a wide variety of amazing multicultural restaurants. Several parks and cricket fields are also just a short walk away. This exceptional property truly checks all the boxes for space, location, and lifestyle. Don't miss out on this rare opportunity!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$8,249
Lot Size30.48 ft x 128.05 ft
mls© NumberN13415286
Listed ByCENTURY 21 LEADING EDGE 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%
$7,421
Property tax
$687
Heat allowance
$150
Housing costs
$8,259 / mo

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

Down payment20% · $289,980
25-yr amortization

Income needed

$254,000

gross annual household income

Payment at 4%
$6,101 / mo
Cash down
$289,980

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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