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Cornell, Markham
$1,799,000
A stunning freehold detached home in the Cornell Rouge community. Offering over 3,500 sq. ft. of above-grade living space, this beautifully upgraded residence features 4+1 spacious bedrooms, 3.5 bathrooms and a 2-bed 1-bath coachhouse.The sun-filled second floor boasts a bright open-concept layout with 9-ft smooth ceilings, pot lights, upgraded flooring, a solid oak staircase, and a modern kitchen complete with stainless steel appliances, a stylish back splash, and a large centre island-perfect for everyday living and entertaining.**Bonus Income Opportunity: The separate 2-bedroom coach house is currently leased to an AAA tenant who has been in place for nearly 2 years**, providing stable and reliable rental income from day one.Ideally located just steps to top-rated schools, Markham Stouffville Hospital, parks, and transit, with easy access to Walmart, supermarkets, restaurants, Highway 7, Highway 407, and all major amenities.A rare opportunity to own a premium family home with built-in rental income in one of Markham's most desirable communities!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $2,773 |
| Lot Size | 40 ft x 110 ft |
| mls© Number | N13604308 |
| Listed By | RH 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%
- $9,208
- Property tax
- $231
- Heat allowance
- $150
- Housing costs
- $9,589 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$295,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
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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