Markham, ON · Townhouse
Terrace Park Towns
Renderings and features may vary and are subject to change. Renderings are for illustrative purposes only.
A closer look at Terrace Park Towns.
- Home type
- Townhouse
- Price range
- From $989,990 to $1,174,990
- Bedrooms
- 3 – 3.5
- Bathrooms
- 2.5
- Interior size
- 1,920 – 2,070 ft²
- Estimated occupancy
- 2025
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 2,070 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.
Project information
Rustle Woods Avenue & Cornell Rouge BoulevardRegional Municipality of York
2025
By State Building Group, Forest Hill Homes
Pricing, deposit & incentives
Pricing and fees
- Available unit price
- From $989,990 to $1,174,990
- Average price / ft²
- $527
- Maintenance / ft²
- $0.11 / sq.ft.
Deposit structure
| When | Amount |
|---|---|
| On Signing | $20,000 |
| In 30 days | $30,000 |
| In 90 days | $25,000 |
| In 120 days | $25,000 |
| In 180 days | $25,000 |
| In 365 days | $25,000 |
Historical pricing trajectory
Recorded $/sq ft history
Launch PSF
$654/ft²
Jun 24, 2023
Latest PSF
$527/ft²
As of Mar 12, 2026
Net change
$-127/ft²
-19.4% overall
| Recorded date | Avg. $/ft² | Change |
|---|---|---|
| Mar 12, 2026 | $527/ft² | $-128 (-19.5%) |
| Nov 3, 2023 | $655/ft² | +$1 (+0.2%) |
| Jun 24, 2023 | $654/ft² | — |
Recorded unit mix
Pricing & size by bedroom
| Suite type | Plans | Size (ft²) | Price range | Avg. $/ft² |
|---|---|---|---|---|
| 3 Bed(50%) | 2 | 1,920–2,065 | $990K–$1,175K | $528 |
| 3 Bed + Den(50%) | 2 | 1,945–2,070 | $1,008K–$1,049K | $528 |
Floor plans (4)
Compare home designs at Terrace Park Towns. Open a plan to explore its layout, dimensions and recorded pricing.
Cherry Ridge
For sale- 3 beds
- 2.5 baths
- 1,920 ft²
$989,990
View floor plan
Elm Ridge
For sale- 3.5 beds
- 2.5 baths
- 1,945 ft²
$1,007,990
View floor plan
Pine Ridge
For sale- 3.5 beds
- 2.5 baths
- 2,070 ft²
$1,048,990
View floor plan
Hazelwood Corner
For sale- 3 beds
- 2.5 baths
- 2,065 ft²
$1,174,990
View floor planFloor plans and pricing are set by the developer and subject to change without notice.
Amenities
1 recorded amenity
- Park
Features & finishes
Explore the details by category. Features and inclusions vary by model; confirm the specifications for your selected home with the builder.
Distinctive house exteriors
19 items
- Forest Hill Homes TERRACE PARK TOWNS is a new home community inspired by the sense of neighbourhood. House sitings and exterior colour schemes are architecturally co-ordinated to ensure the distinctiveness and integrity of this master planned community.
- Elevations consisting of clay brick, precast stone, wood, vinyl, aluminum, and other unique materials as per applicable plan.
- Soldier coursing, arches, keystone, and masonry detailing in brick or precast stone as per elevations.
- Pre-finished low maintenance – aluminum soffit, fascia, eavestroughs and downspouts as per applicable plan.
- Quality low maintenance vinyl casement or thermo glazed fixed windows on front, side, and rear elevations as per applicable plan. Basement features slider windows.
- Front and rear lot to be professionally graded and sodded.
- Two exterior water service taps - location to be determined by Vendor.
- Self-sealing roof shingles.
- Precast concrete walks to front entry from sidewalk as per applicable plan.
- Covered front porch as per applicable plan.
- Contemporary sectional garage door as per plan.
- Quality elegant hardware with deadbolt on front entry.
- Exterior light fixture included.
- Driving surface (as per plan) to be paved as per Agreement of Purchase and Sale at Purchaser’s expense (subject to construction schedule).
- Poured concrete front porch as per applicable plan.
- Poured concrete garage floor with steel reinforced grade beams.
- Purchasers are notified that garage to exterior door if applicable, may be lowered, relocated, or eliminated to accommodate drainage as per grading, siting, or municipality requirements if applicable.
- Services included: paved roads, sanitary and storm sewers.
- Cast stone address plate.
Distinctive interior features
11 items
- Approximately nine-foot (9’) high ceilings on main floor and second floor.*
- Approximately eight-foot (8’) high ceilings on ground floor and in basement.*
- Main staircase to be oak with natural finish (ground to main floor, and main to second floor).
- Elegant solid oak handrail and pickets with natural finish (ground to main floor, and main to second floor) as per plan.
- Sprayed, stippled ceilings in all rooms except kitchen, bathroom, powder room, second floor laundry room as per applicable plan.
- All closets to include coated wire shelving.
- Two coats of quality paint (including primer) on all walls.
- All interior doors and trims painted white.
- Panel-style interior doors (excluding exterior doors & closet sliders as per applicable plan).
- Beveled baseboard and casing for doors and windows.
- Satin nickel finish levers on all interior doors in finished areas.
Superior kitchen, bathrooms & laundry features
20 items
- Custom designed, furniture finish kitchen cabinets and vanities in a wide choice of styles.
- Extended height upper kitchen cabinets.
- Built-in breakfast bar, pantries, and kitchen island as per applicable plan.
- Double stainless steel sink with single lever faucet in kitchen.
- Post formed laminate countertops.
- Single lever faucets at all sinks and showers throughout bathrooms.
- Primary ensuite bathroom to include freestanding tub as per applicable plan.
- Shower with ceiling light in primary ensuite bathroom as per plan.
- White two-speed exhaust hood fan in kitchen ducted to exterior.
- Shut off valves for all sinks and toilets.
- Low flow aerators on all faucets.
- Water saving toilets.
- Low flow shower heads in all showers.
- Pressure balance valve in all bath and shower enclosures.
- Heavy duty receptacles for stove and dryer.
- Freestanding laundry tub as per applicable plan and dryer vent to exterior (location may vary) as per applicable plan.
- Hot and cold water taps for laundry tub.
- 8” x 10” ceramic wall tiles up to ceiling on bathtub enclosures.
- Mirror above sink(s) in all bathrooms.
- Privacy locks on all bathroom entry doors.
High quality flooring features
3 items
- Porcelain floor tile in ground level foyer, entry, kitchen, powder rooms, all bathrooms & second floor laundry room from Vendor’s samples as per applicable plan.
- Quality broadloom in all finished areas (except tiled areas) from Vendor’s samples.
- Quality underpad in all broadloom areas.
Lighting and electrical features
12 items
- 200 AMP circuit breakers with heavy duty copper wiring in all models.
- White Decora style switches and receptacles throughout.
- One exterior waterproof electrical outlet and one electrical outlet in garage.
- Electric door chime with doorbell at front entry.
- Smoke detector provided as per Ontario building code.
- Carbon monoxide detector provided as per Ontario building code.
- Strip lighting in all bathrooms and powder room.
- Electrical light fixtures to be installed in kitchen, rec room, powder room, main and ensuite bathrooms, all bedrooms and hallway if applicable as per plan.
- Capped ceiling outlets in locations to be determined by Vendor.
- Ground fault interrupter protection in all bathroom(s) and powder room.
- Electrical outlet in garage ceiling for future door opener.
- One electrical outlet in unfinished area of basement at electrical panel.
Energy efficient features
8 items
- Insulation in full conformity with the Ontario building code for conservation of energy.
- Quality engineered high efficiency, high velocity gas forced air heating system.
- Standard air conditioning and air source heat pump unit.
- Gas fired hot water boiler on rental (as per lease schedule).
- Programmable thermostat located per zone.
- Quality thermopane windows or double-glazed glass on all fixed windows.
- Screens on all operational windows including basement windows.
- Front and rear entrance to have metal insulated door with glass insert with weather-stripping as per applicable plan.
Rough-ins
4 items
- Rough-in for central vacuum system.
- Provision for future dishwasher.
- Pre-wiring for telephone and cable tv in great room, primary bedroom, and office as per plan.
- Rough-in 3 piece basement bathroom as per plan.
Quality construction
7 items
- Poured concrete foundation walls with heavy duty damp-proofing and weeping tiles (excluding garage).
- Basement “wrap” water-proofing system to be installed on the foundation wall (excluding garage) to prevent water penetration into basement (as per plan).
- Double stud party wall construction.
- Windows and exterior doors sealed with quality caulking.
- Quality 2x6 wood frame exterior wall construction.
- Covered porches as per plan. Front porches are poured concrete.
- Decorative pillars, columns, railings as per plan and installed subject to grading requirements.
Warranty
20 items
- Seven (7) year Ontario New Home Warranty Protection program for major structural only. Purchaser agrees to pay Tarion enrollment fee on closing as an adjustment.
- Forest Hill Homes Ltd. Warranty in accordance with the Tarion New Home Warranty Program.
- Purchaser’s choice of interior colours and materials from Vendor’s samples if not yet ordered, installed or completed, provided that colour and materials are available from supplier and Purchaser agrees to select the colour and materials in accordance with the Vendors schedule, otherwise the Vendor reserves the right to choose the colour and materials to complete the dwelling and the Purchaser agrees to close the transaction with the Vendor’s choice of colour and materials.
- Main floor front and side foyer, where applicable, may be lowered to accommodate entry door(s) at the Vendor’s discretion (unfinished basement ceiling height shall be lowered accordingly.
- Purchasers are notified that the number of steps to front entrance and rear entrance and side entrance, if applicable, may be increased or decreased depending on final grading.
- All plans and specifications are subject to modification from time to time at the sole discretion of the Vendor. The Vendor reserves the right to change the foregoing specifications without notice.
- The Purchaser acknowledges that finishing materials contained in any model home, virtual walkthrough or sales office displays, including broadloom, furniture, mirrors, fireplaces, electrical fixtures, drapes, ceramic/porcelain flooring, vinyl flooring, hardwood flooring, marble flooring, upgraded kitchen and vanity cabinets and countertops, stained staircase and railing, painting, wall paper, etc., may be for display purposes only and may not be of the same grade or type, or may not necessarily be included in the dwelling unit purchased herein.
- Corner lots, townhome end units and priority lots may have special treatments which may require window changes and interior modifications to balance and improve the elevations of the house exposed to the street. The Purchaser accepts such changes as constructed or as necessary.
- When Purchaser is buying a house already under construction, Purchaser acknowledges that there may be deviations from the floor plan, elevation or layout of this model and Purchaser agrees to accept such changes as constructed or as necessary.
- House types and streetscapes subject to final Architectural approval of City of Markham or developer’s architectural control architect and final siting, and approval of the Vendor’s architect.
- Variations from Vendor’s samples may occur in exterior materials, finishing materials, kitchen and vanity cabinets, and floor and wall finishes, due to normal production process, availability, or site conditions.
- Vendor will not allow the Purchaser to do any work and/or supply any material to finish dwelling or enter the premises prior to the Closing date.
- All outside colours and materials pre-selected by Vendor are architecturally controlled.
- Exterior elevations will be similar to pictures shown, but not necessarily identical. All furniture and landscaping features shown in renderings are not included.
- Siting requirements may require the Vendor to site the dwelling as a reverse model, and the Purchaser agrees to accept the same.
- NOTE: Actual usable floor space may vary from stated floor area. Locations of basement: furnace, hot water tank and optional 3 pc. rough-in bath and locations and number of posts and beams may vary and are determined by architect and may not be located as shown on brochures and Purchaser is deemed to accept same.
- Room dimensions, window and door configurations may vary with final construction and presentation drawings.
- All elevations, renderings, floorplans, furniture layouts, site plans and landscaping details are artist’s concept. Floorplans are subject to change without notice. All dimensions are approximate.
- Prices, terms, materials, specifications, and conditions subject to change without notice. The Vendor has the right to substitute materials of equal or better quality.
- All ceiling heights are approximate and may vary. Some ceiling heights will be dropped to accommodate HVAC, plumbing, venting, electrical, mechanical, insulation, bulkheads and other structural requirements which will result in areas of lower ceiling heights.
Location & neighbourhood
Explore the full location guide ↗Markham|Rustle Woods Avenue & Cornell Rouge Boulevard
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LOCAL MARKET INSIGHTS · SEP 2026
The market around Markham.
Understand the existing-home market alongside your new-home search. These completed-month observations cover the provider’s Markham geography across all property types. Builder prices and availability need a separate, current quote.
- Median sold price
- $1,059,000 -7.9% year over year
- Recorded sales
- 252 -4.2% year over year
- Active listings
- 1,160 746 new sale listings that month
- Listing days
- 34 days Provider’s listing-days measure
Compare the home and ownership type
Use the matching resale category as context for size, location and ownership costs. Townhome ownership is unconfirmed, so both resale categories are shown.
| Property type | Median sold | Annual change | Sales | Active listings | Monthly rent |
|---|---|---|---|---|---|
| Freehold townhomes | $912,495 | -16.3% | 32 | 145 | $3,30059 recorded rentals |
| Condo townhomes | $710,000 | -23.0% | 20 | 92 | $2,97523 recorded rentals |
What this means for your search. Compare a similar home type first, then account for floor area, age, parking, maintenance fees and the future closing date. Changes in a monthly median also reflect which homes sold; they do not measure same-home appreciation. Recorded rents are historical resale observations, not projected rent for this development.
Explore price and rental history, sales activity, property-type filters and community comparisons in the full market report.
HouseSigma supplied aggregate export, captured 2026-10-24. Latest completed month: Sep 2026. Sale medians and annual price comparisons require at least 5 sales in each relevant month; rents require 5 rentals. Missing observations stay unavailable. These are resale figures, not project sales, appraisals or forecasts. Sources & methodology
Brochures, price lists & files
Project documents & portals
Access recorded brochures, floor plan packages, price lists, site maps and historical releases for Terrace Park Towns.
Bonus Package — Terrace Park Towns
PDFUpdated Mar 29, 2026
Brochure — Terrace Park Towns
PDFUpdated Mar 29, 2026
FAQ’s — Terrace Park Towns
PDFUpdated Mar 29, 2026
Features & Finishes — Terrace Park Towns
PDFUpdated Mar 29, 2026
Floor Plans — Terrace Park Towns
PDFUpdated Mar 29, 2026
Site Plan — Terrace Park Towns
PDFUpdated Mar 29, 2026
Price List — Terrace Park Towns — March 2026
PDFUpdated Mar 29, 2026
Historical documents & past releases (9)Show archive +
Deposit Structure — Terrace Park Towns
Archived Mar 29, 2026
Price List — Terrace Park Towns — December 2023
Archived Mar 29, 2026
Deposit Structure — Terrace Park Towns — July 2023
Archived Mar 29, 2026
Floor Plans — Terrace Park Towns — December 2023
Archived Mar 29, 2026
Floor Plans — Terrace Park Towns — June 2023
Archived Mar 29, 2026
Price List — Terrace Park Towns — July 2023
Archived Mar 29, 2026
Price List — Terrace Park Towns — June 2023
Archived Mar 29, 2026
Floor Plans — Terrace Park Towns — March 2026
Archived Mar 29, 2026
Site Plan — Terrace Park Towns — March 2026
Archived Mar 29, 2026
Project details
Building & property details
- Selling status
- Selling
- Construction status
- Construction
- Homes
- 60
- Storeys
- 3
- Floor plans
- 4
- Ceiling height
- 9 ft.
Launch & timeline information
- Launch / sales date
- 2023-06-24
- Launch price range
- $1,393,880
- Launch PSF average
- $653/sq ft
- Avg. price / ft²
- $527/sq ft
- Estimated completion
- 2025
Additional information & categories
- Ownership types
- POTL
- Low rise types
- Townhouse
- Master-planned community
- Cornell
- Region / district
- Regional Municipality of York
- Mobility scores
- Walk Score 1 · Transit Score 41
- Google Maps
- View on Map ↗
Developed by
State Building Group · Forest Hill Homes
Based in Toronto, Ontario
Explore the developers behind Terrace Park Towns. Team Arora provides independent guidance to help you compare home designs and confirm current pricing, availability and purchase details.
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Pricing & incentives
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