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New5 days ago

315 Elson Street

Cedarwood, Markham

$869,999

Semi-Detached |2-Storey
3 | 4 | 3
About this home

Priced to sell, Power of Sale opportunity in prime Markham! Well-maintained semi-detached corner home featuring 3+1 bedrooms, 4 bathrooms, high ceilings on the main floor, and a finished basement with separate entrance, kitchen, 3-piece bathroom, and additional bedroom. Enjoy a bright, sun-filled layout and a backyard backing onto green space. Conveniently located within walking distance to public transit, groceries, banks, parks, and schools. This home presents an excellent opportunity for end-users, first-time buyers, or investors. Property is being sold as-is, where-is, with no representations or warranties. Offers welcome anytime.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,841
Lot Size38.92 ft x 99.03 ft
mls© NumberN13717948
Listed ByBENCHMARK SIGNATURE 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%
$4,453
Property tax
$403
Heat allowance
$150
Housing costs
$5,006 / mo

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

Down payment20% · $174,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,661 / mo
Cash down
$174,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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