Terrace Park Towns

Forest Hill Homes&

State Building Group

Size Range

1,920 - 2,945 sq ft

Storeys

Suites

Occupancy

2025

Sales Status

Developer Selling

Construction

Under Construction

Home Types

Townhouse

About Terrace Park Towns

Terrace Park Towns is a home community under construction by Forest Hill Homes and State Building Group at Rustle Woods Avenue & Cornell Rouge Boulevard in the Cornell neighbourhood of Markham. The project is 3 storeys tall and contains 60 homes. The home collection includes townhomes. Ownership is listed as POTL. Recorded home designs include three-storey layouts and one-car garages. The recorded plans include unfinished basement configurations. Current inventory includes 4 available floor plans ranging from 1,920 to 2,945 sq. ft. Current prices range from $989,990 to $1,174,990. The location has a Walk Score of 1 and a Transit Score of 41.

Key Highlights

AI Generated

Developer Reputation — Terrace Park Towns is being developed by the reputable Forest Hill Homes and State Building Group, known for their commitment to quality and innovative design in the Greater Toronto Area.
Spacious Living Options — With unit sizes ranging from 1,920 to 2,945 sq. ft., buyers can choose from a variety of layouts, including 3 and 3.5-bedroom options, catering to diverse family needs.
Attractive Deposit Structure — The project offers a structured deposit plan that allows buyers to secure their future home with an initial payment of just $20,000, followed by manageable payments over the first year.
Unique Location Features — Nestled in the Cornell neighbourhood of Markham, Terrace Park Towns is set in a tranquil area, ideal for families seeking a peaceful community atmosphere, despite its lower walk and transit scores.
Future Occupancy Timeline — Anticipated for completion in 2025, buyers can look forward to moving into their new homes in a few years, allowing time for personal planning and preparation.
No Occupancy Fees — Buyers will benefit from a special incentive of $0 occupancy fees, providing financial relief during the transition into their new homes.

Unit Breakdown

3 Bed

Price Range

$989,990 - $1,174,990

Size

1,920 - 2,065 sq ft

Price / sq ft

$528/sq ft

3 Bed + Den

Price Range

$1,007,990 - $1,048,990

Size

1,945 - 2,070 sq ft

Price / sq ft

$528/sq ft

Deposit Structure

Milestone	Amount
$20,000.00 On Signing	$20,000.00
$30,000.00 - 30 days	$30,000.00
$25,000.00 - 90 days	$25,000.00
$25,000.00 - 120 days	$25,000.00
$25,000.00 - 180 days	$25,000.00
$25,000.00 - 365 days	$25,000.00