
3 Lounts Lane
Markham (Cornell), ON L6B 1R9
- 3Bedrooms
- 4Bathrooms
- 1Garage
- 2000–2500Sq Ft
- $2,043Tax
- 18×65 ftLot Size
- Estimated Value:$964,995See Free Estimate Report

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About 3 Lounts Lane, Markham, Cornell
Summarized Description
- Brand new, never lived in townhome.
- Open concept living with modern upgrades.
- Potential for multi-generational living.
- Unfinished basement ready for customization.
- Private outdoor terrace for relaxation.
- Dual zone heating for year-round comfort.
- Convenient laundry on bedroom level.
- Move-in ready with quick closing available.
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 porcelain 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 1 d. Direct from Builder - State Building Group/Forest Hill Homes, Terrace Park Towns. The purchase price listed includes the HST as well as the HST Enhanced Rebate Program for qualified purchasers. Additional HST payable if purchaser does not qualify for the rebate. Move in ready for quick closing. No Occupancy Fees. Taxes based on LAND VALUE ONLY. Will be reaccessed by MPAC after EXTRAS: 8' ceilings (1st & Bsmt), 9' ceilings (2nd & 3rd), smooth ceilings throughout, hardwood & porcelain 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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,043
- Land Transfer Tax Fee
- $15,015
Rental Items
- Rental Equipment
- Tankless Hot Water Tank (Rental)
- Basement Type
- Partially Finished, Finished
Interior Features
- Laundry Level
- Upper Level
- Interior Extras
- In-Law Capability
- View
- Park/Greenbelt
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
Building
- Building Type
- Freehold Townhouse
- Building Style
- 3-Storey
- Approx Age
- New
Construction
- Exterior Finish
- Brick, Stone
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 18.00 ft
- Lot Depth
- 65.00 ft
Inclusions
- Inclusions
- Note: all 5 included appliances (Fridge, Stove, Dishwasher, Washer & Dryer) to be delivered from "The Brick" after closing allowing the Purchaser the option to upgrade the appliance package directly with The Brick prior to delivery. Details on included appliances will be in the contract. Any/all installed light fixtures including any upgraded lighting fixtures.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bedroom 3—Third level, Large Window, Closet, Broadloom
- Kitchen—Second level, Breakfast Area, Tile Floor, Eat-in Kitchen
- Great Room—Second level, Open Concept, Hardwood Floor, Large Window
- Bedroom 2—Third level, Large Window, Closet, Broadloom
- Primary Bedroom—Third level, 5 Pc Ensuite, Walk-In Closet(s), Large Window
- Recreation—Ground level, Hardwood Floor, Large Window
Washrooms
- 2-piece, Ground
- 2-piece, Second
- 5-piece, Third
- 5-piece, Third
- Municipality
- Markham
- Neighbourhood
- Cornell
- Main cross streets
- Donald Cousens Pkwy and HWY 7
- Directions
- HWY 407 exit onto Donald Cousens PKWY North ( HWY 48 North), turn left onto HWY 7, turn right onto Cornell Rouge Blvd, left onto Traulsen Way, right onto Lounts Lane
- MLS® number
- N13650130
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-08
- Listed on
- 2026-08-07
- Days on market
- 32 days
- Possession type
- Flexible
- Co-op commission
- 2.5% of the Net of HST Purchase Price
- Seller
- Listed by
- PMA BRETHOUR REAL ESTATE CORPORATION INC.
Home Market Value
Current home valuation for 3 Lounts Lane, Markham, Cornell, Markham, ON. Listed for $926,990
HOMEH Estimate
$964,995
Estimated Sales Range
$762,346 - $1,167,644
HOMEH Estimate for 3 Lounts Lane, Markham, Cornell
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $426,990 over $500K
$67,699
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $34,336 | $25,863 | $22,062 | $0 |
=Total mortgage | $892,729 | $860,154 | $810,003 | $741,592 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,359monthly | $4,200monthly | $3,955monthly | $3,621monthly |
Land Transfer Tax
$15,015
$15,015
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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