Terrace Park Towns — Markham Pre-Construction
Terrace Park is a now selling pre-construction towns development by Forest Hill Homes in Markham's Cornell starting from $989,990. Get pricing, floor plans…
Terrace Park Quick Facts
| Project Name | Terrace Park |
|---|---|
| Developer | Forest Hill Homes |
| Address | Rustle Woods Avenue & Cornell Rouge Boulevard |
| City | Markham |
| Neighbourhood | Cornell |
| Region | Regional Municipality of York |
| Building Type | Townhouse |
| Sales Status | Now Selling |
| Storeys | 3 |
| Suite Sizes | 1920 – 2945 sq ft |
| Pricing | $989,990 – $1,174,990 |
| Deposit Structure | $130,000 (over 365 days) |
| Maintenance Fees | $0 / sq ft / month |
| Occupancy | 2025-01-01 |
| Walk Score | 1 |
| Transit Score | 41 |
About Terrace Park in Markham
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.
Terrace Park is also marketed as Terrace Park Towns, and listed in the developer's material as Terrace Park Towns.
Terrace Park Renderings & Gallery
Terrace Park Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| Cherry Ridge | 3 | 2.5 | 1990 | $1,283,880 | Available |
| Elm Ridge | 4 | 2.5 | 2025 | $1,314,880 | Available |
| Hazelwood | 3 | 2.5 | 2065 | $1,343,880 | Available |
| Rosewood | 4 | 2.5 | 2110 | Register for pricing | Sold Out |
| Pine Ridge | 4 | 2.5 | 2145 | $1,333,880 | Available |
| Oakwood | 4 | 2.5 | 2226 | $1,413,880 | Available |
| Maplewood | 5 | 3.5 | 2945 | Register for pricing | Sold Out |
Full Terrace Park floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Terrace Park price list and floor plans.
Terrace Park Deposit Structure
$130,000 (over 365 days)
Deposit structures at Terrace Park can change between releases and may differ for international buyers. Confirm the current Terrace Park deposit structure before submitting a worksheet.
Amenities & Finishes
- ["-Park"]
Location: Rustle Woods Avenue & Cornell Rouge Boulevard
Terrace Park is located at Rustle Woods Avenue & Cornell Rouge Boulevard, Markham in the Cornell neighbourhood, Regional Municipality of York.
- Walk Score: 1/100
- Transit Score: 41/100
Explore more pre-construction projects in Markham or browse the Regional Municipality of York region.
About the Developer: Forest Hill Homes
Terrace Park is being developed by Forest Hill Homes.
See all Forest Hill Homes pre-construction projects.
How to Buy at Terrace Park
- Register early. Allocation at Terrace Park in Markham is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. The current published deposit structure is $130,000 (over 365 days).
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for Terrace Park
Budget beyond the purchase price at Terrace Park: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $0 per sq ft per month.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Terrace Park. Confirm each in the current agreement of purchase and sale before you sign.
Terrace Park — Frequently Asked Questions
Where is Terrace Park located?
Terrace Park is located at Rustle Woods Avenue & Cornell Rouge Boulevard, Markham in the Cornell neighbourhood.
Who is the developer of Terrace Park?
Terrace Park is being developed by Forest Hill Homes.
How much do units at Terrace Park cost?
Pricing at Terrace Park starts from $989,990 and ranges to $1,174,990. Prices and incentives change with each release — request the current price list for live pricing.
When is occupancy at Terrace Park?
Estimated occupancy for Terrace Park is 2025-01-01.
How many units are in Terrace Park?
Terrace Park is planned as a 3-storey townhouse development.
How do I get platinum or VIP access to Terrace Park?
Circle Real Estate provides platinum access to Terrace Park, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for Terrace Park pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.