119 Cornell Rouge Boulevard

Cornell, Markham

119 Cornell Rouge Boulevard, Cornell, Markham

$980,000


Bedrooms: 4

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $653.33


About this Townhouse

in Cornell, Markham

Power of Sale - Sold as is Where is. Prime opportunity to own in the highly sought-after Cornell community! This spacious townhouse offers four generously sized bedrooms and four bathrooms, providing an ideal layout for growing families or savvy investors. Featuring hardwood flooring throughout and elegant hardwood stairs, the home showcases a modern kitchen with a center island designed for both everyday living and entertaining. Perfectly located within walking distance to Bill Hogarth Secondary School, local elementary schools, the Cornell Community Centre, and nearby parks. Enjoy exceptional convenience just minutes to Markham Stouffville Hospital, Highway 407, Highway 7, Viva Transit, and the Cornell Bus Terminal. Currently tenanted, this property presents a fantastic investment opportunity with immediate rental income, while also offering long-term potential in one of Markham's most desirable neighbourhoods. A solid property in a sought-after location! MUST SEE! 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B" and use Seller's sample offer when drafting an offer (copy in attachment section of MLS). Taxes estimated per city website. Tenant is paying $3,350.00 for rent and pays utilities and the lease will be expired on March 31st, 2026.

Listed by RE/MAX REALTRON REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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