Terrace Park Towns - Pre-construction in Markham
Selling Now

Terrace Park Towns

Rustlewood Ave & Cornell Rouge Blvd, Markham
by Forest Hill Homes
Price
$1,200,000s
Bedrooms
Various
Size
1,920 sq ft – 2,226 sq ft
Occupancy
TBD

About Terrace Park Towns

Project Highlights

  • Development Name: Terrace Park Towns
  • Developer: Forest Hill Homes
  • Location: Markham (Rustlewood Ave & Cornell Rouge Blvd, Markham)
  • Building Type: Condo/Townhome
  • Ownership: Condominium
  • Status: Selling Now

Terrace Park Towns is a new pre-construction property by Forest Hill Homes in Markham. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.

Starting at $1,200,000s, Terrace Park Towns is a solid choice whether you're buying to live in or as an investment. You'll lock in today's developer pricing while the property value grows during the 3-5 year build period.

Introducing the newest addition coming soon to the successful nestled in Markham’s east end! Terrace Park Towns is an exclusive collection of backing on to the Rouge with an address that offers the perfect balance of both natural and urban amenities. Here at Terrace Park Towns, residents will find themselves minutes from the and so much more!

Location & Neighborhood

Why Markham Works

Terrace Park Towns sits in Markham at Rustlewood Ave & Cornell Rouge Blvd, Markham. Canada's high-tech capital (Silicon Valley North). IBM, AMD, Qualcomm employ thousands. Downtown Markham is a new urban core with top-rated schools, Flato Markham Theatre, and the planned Yonge North Subway.

Markham keeps growing—new transit, more jobs, better infrastructure. That's why pre-construction here makes sense. You're buying into a city on the upswing.

Why Markham is Growing

  • Tech sector drives employment and demand
  • Excellent schools attract families
  • More affordable than Toronto with good connectivity
  • Growing downtown core with modern developments

Investment Potential

Terrace Park Towns is priced better than most resale homes in Markham. You lock in today's developer price, and by the time it's built (usually 3-5 years), the market's usually gone up. That's free equity before you even move in.

Buy at today's price, own at tomorrow's value. It's worked for thousands of GTA buyers.

Developer Confidence

Forest Hill Homes has been building in the GTA for years. They know what they're doing, finish on time, and build quality homes that hold their value. That matters when you're investing this much money.

Get Developer History

Project Data Sheet

DeveloperForest Hill Homes
AddressRustlewood Ave & Cornell Rouge Blvd, Markham
PricingStarting From The High $1.2 Millions
OccupancyJanuary 2025 Number of
Homes60 Home
TypesTowns with Optional Secondary Residential Unit Square
Footage1,920 sq ft – 2,226 sq ft Maintenance
FeesApprox. $221/Month Deposit
Structure$20,000 on Signing // $30,000 in 30 Days // $25,000 in 90 Days // $25,000 in 120 Days // $25,000 in 180 Days // $25,000 in 365 Days after Signing ($150,000 Total) Incentives*
Finishes9’0” High ceilings on main and second floor, Hardwood on main floor (non-tiled areas), Vinyl flooring on ground floor (non-tiled areas), Smooth ceilings on ground, main and second floor, Granite kitchen countertop with undermount sink, Upgraded kitchen pull-out faucet, Natural oak stairs and upgraded railings and metal pickets (from ground floor to second floor), Framed glass shower in primary ensuite, Central air conditioning, Stainless steel fridge, stove and dishwasher and white washer and dryer

About Markham

Discover why Markham is an ideal location for pre-construction investment

About Markham: A Growing Community in the GTA

Markham is home to 338,000+, and growing rapidly with tech sector expansion. Canada's high-tech capital (Silicon Valley North) Additionally, diverse, multicultural community. Located in Markham, Terrace Park Towns offers residents a perfect blend of urban convenience and suburban comfort.

Excellent schools and family amenities Downtown Markham - new urban core

Transit & Connectivity

Markham is well-connected to the GTA through Future Yonge North Subway Extension (planned) subway lines. GO Train stations including Markham GO, Unionville GO, Milliken GO provide 30-40 minutes to downtown toronto via go train. Major highways including Highway 404, Highway 407, Highway 7 ensure easy access throughout the region.

Lifestyle & Amenities

Residents of Markham enjoy access to excellent educational institutions including York University (nearby) and Markham District High School, healthcare facilities like Markham Stouffville Hospital, and major shopping destinations such as Markville Shopping Centre and Pacific Mall. Popular parks include Toogood Pond and Milne Dam Conservation Park.

Investment Potential & Growth

Average condo prices: $650,000-$950,000. Annual appreciation: 6-9% Average rental yield: 4-5%. Strong demand from tech professionals Future developments include Yonge North Subway Extension and Downtown Markham expansion, which will further enhance the area's appeal. Major employment centers include Tech sector (IBM, AMD, Qualcomm) and Markham Business Park, driving demand for housing.

Why Markham is Perfect for Pre-Construction Investment

Tech sector drives employment and demand Excellent schools attract families More affordable than Toronto with good connectivity Growing downtown core with modern developments Strong cultural diversity and community Investing in pre-construction in Markham allows you to secure a property at today's prices while the area continues to develop and appreciate in value.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Frequently Asked Questions

What is the deposit structure for Terrace Park Towns?

Most Forest Hill Homes projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.

When is the occupancy date?

Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.

Are assignment sales allowed?

Yes, most pre-construction projects by Forest Hill Homes allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.

What are the closing costs?

Closing costs generally range from 3-5% of the purchase price, covering Land Transfer Tax, legal fees, and development levies. We negotiate capped levies to protect your bottom line.

Limited VIP Spots Available

Don't Miss Out on Terrace Park Towns

Secure your unit today with VIP Platinum access. Get first pick of floor plans, exclusive pricing, and builder incentives before public launch.

Best Pricing

Floor Plans

VIP Incentives

Starting From

$1,200,000s

Selling Now
Developer
Forest Hill Homes
Location
Markham
Occupancy
TBD

Floor Plans

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