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Price Change$948,800

315 Elson Street

Cedarwood, Markham

$875,000

Semi-Detached |2-Storey
3 | 4 | 3
About this home

Power of Sale opportunity in prime Markham! Well-maintained semi-detached corner home featuring 3+1 bedrooms, 4 bathrooms, high ceilings on the main floor, and a finished basement with separate entrance, kitchen, 3-piece bathroom, and additional bedroom. Enjoy a bright, sun-filled layout and a backyard backing onto green space. Conveniently located within walking distance to public transit, groceries, banks, parks, and schools. Offered under $1 million, this home presents an excellent opportunity for end-users, first-time buyers, or investors. Buyer and buyer's agent to verify all information, measurements, taxes, and property details. Property is being sold as-is, where-is, with no representations or warranties. Offers welcome anytime. Priced to sell.

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agent
Angela Montano
(647) 283-2643
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,500
Lot Size38.92 ft x 99.03 ft
mls© NumberN13553934
Listed ByBENCHMARK SIGNATURE 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%
$4,479
Property tax
$375
Heat allowance
$150
Housing costs
$5,004 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $175,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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