3 Lounts Lane

Cornell, Markham

Open House Apr 26th, 1-4PM
3 Lounts Lane, Cornell, Markham

$1,074,990


Bedrooms: 3

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $537.50


About this Townhouse

in Cornell, Markham

Welcome to Terrace Park Towns featuring this Brand New, Never Lived in - Large Family Sized Townhome!On the upper 2 floors, you will find your open concept living,a den with glass partition wall, bright kitchen, 3 bedrooms & 2.5 bathrooms. On the ground level, you will find a multi use space (can be used as a rec room, office, living room, etc), a powder room & 2 entrances (front+back door). If you are looking for multi-generational living potential, this townhome features an unfinished basement with an oversized window for a future bedroom, a Rough in for a 3 piece bathroom & a rough in for a future 2nd Laundry connection. When used in combination with the ground level's rec space that has a separate entrance.. the potential is huge & your future basement suite will make the in-laws smile!This Pineridge Model is 2080 sq ft & features key upgrades from oversized ceramic tiles to upgraded cabinetry. The kitchen features a natural stone countertop, a large pantry & a stainless steel appliance package. Just off the kitchen, you have direct access to a private outdoor terrace w/over 100 sq. ft. of outdoor living space.The Laundry is conveniently located on the bedroom level. Washer & dryer incl'd. Direct from Builder - State Building Group/Forest Hill Homes, Terrace Park Towns. The purchase price listed includes HST. ***NOTE: This townhome qualifies for the expanded HST relief programs which allows the purchaser to apply for after closing rebates to the purchaser of just over $100,000*** Move in ready for quick closing. No Occupancy Fees.EXTRAS: 8' ceilings (1st & Bsmt), 9' ceilings (2nd & 3rd), smooth ceilings throughout, hardwood & ceramic tile (1st, 2nd & hallway on 3rd). Carpet in bedrooms only. Dual zone heating allowing for separate heating/cooling settings in the 2 zones - Basement + 1st floor AND 2nd + 3rd floor providing ultimate comfort year round. Central A/C, Oak stairs w/metal pickets. Full TARION warranty.

Listed by PMA BRETHOUR REAL ESTATE CORPORATION 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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