Welcome to your dream home! Beautifully maintained 4-bedroom home located in the highly desirable family-friendly community of Cornell in Markham. The coach house has 1 bedroom+ 1 bathroom, in-suite laundry, appliances, with good rental income of $1650/month or treat it as an in-law suite. Excellent Tenant willing to stay. Walking distance to schools, Cornell Community Centre & Library, Markham Stouffville Hospital, and the community dog park, with easy access to transit and Highway 407 .
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,234 |
| Lot Size | 40.97 ft x 0 ft |
| mls© Number | N13721422 |
| Listed By | HOMELIFE/GTA REALTY 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%
- $7,161
- Property tax
- $603
- Heat allowance
- $150
- Housing costs
- $7,914 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$243,000
gross annual household income
- Payment at 4%
- $5,887 / mo
- Cash down
- $279,800
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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