314 Stony Hill Boulevard
Rural Markham, Markham
$1,119,990
Rare opportunity to secure a brand new "Burgundy" (MO) model with approx. 1,857 sq ft of interior living space plus a stunning 170 sq ft rooftop terrace-perfect for entertaining or unwinding. Thoughtfully designed with 4 bedrooms and 3.5 bathrooms, offering a functional layout ideal for families or investors.Features include a modern air source heat pump system for efficient heating and cooling, and tankless water heater. Bright north-facing exposure. Appliances not included.Eligible Buyers may be able to receive up to an additional 13% savings on the purchase of this home through the proposed Government FTHB Rebate Program.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | --- |
| Lot Size | 19.85 ft x 54.79 ft |
| mls© Number | N13842516 |
| Listed By | REALTY ONE GROUP REVEAL |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,733
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $5,883 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$181,000
gross annual household income
- Payment at 4%
- $4,713 / mo
- Cash down
- $223,998
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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