7 Albion Close
Thornhill, Markham
$4,380,000
Rare 1-Acre Lot In The Heart Of Prime Thornhill-Markham! One Of The Largest Residential Lots In The Area, Privately Set On A Quiet Court With A Gated Entrance, South-Backing Ravine Setting & Exceptional Future Potential. Contemporary Residence Featuring Expansive Floor-To-Ceiling Windows, Soaring Ceilings, Hardwood Floors & Multiple Walkouts Overlooking Mature Trees, Terraced Gardens, Patios & Walkways. Custom Gourmet Kitchen With High-End Appliances & Custom Millwork. 3-Car Garage With Circular Driveway. Includes 3 Full Kitchens. Incredible Opportunity To Renovate, Reimagine Or Create A Future Custom Residence On An Exceptionally Rare Parcel. Close To Bayview Golf & Country Club, Top Schools, Parks & Amenities.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $18,193 |
| Lot Size | 145 ft x 286 ft |
| mls© Number | N13732034 |
| Listed By | RE/MAX REALTRON 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%
- $22,419
- Property tax
- $1,516
- Heat allowance
- $150
- Housing costs
- $24,085 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$741,000
gross annual household income
- Payment at 4%
- $18,432 / mo
- Cash down
- $876,000
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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