47 Lappe Avenue, Markham, ON
Property no longer active
This property was sold on November 4, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Cornell. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,159,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 31.63 x 105.84 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
End-unit Townhouse Located In The Family-friendly Cornell Community. Offering One Of The Largest Townhomes And Lots In The Neighborhood (1891SF +941SF Basement). This Spacious Property Features An Open-concept Layout, With A Walkout To A Patio And A Large Fenced Yard, Perfect For Outdoor Gatherings. The Home Includes A Separated Family/living Room And A Generous Kitchen With An Island And A Large Breakfast Area. The Master Bedroom Comes With A Full Ensuite And A Walk-in Closet, While The Second Bedroom Has A Private Balcony. For Added Convenience, The Second Floor Boasts A Laundry Room. The Finished Basement Offers A Recreation Room And Extra Bedrooms, Ideal For A Growing Family. Rare Two-car Garage And Extra Parking Pad Provide Ample Space For Vehicles.
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Property Summary
This townhouse located at 47 Lappe Avenue, Markham is currently for sale and has been available on SousaSells for 637 days. This property is listed at $1,159,000 with an estimated mortgage of $3,858* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 47 Lappe Avenue, Markham is in the Cornell neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 Lappe Avenue, Markham, ON L6B 1L3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $1,159,000 in Markham, the legal minimum down payment is $231,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,655 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,655.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.