Terrace Park Towns Phase 2 — Markham Pre-Construction
Terrace Park Towns Phase 2 is a now selling pre-construction towns development by Forest Hill Homes in Markham's Cornell starting from $908,990. Get pricin…
Terrace Park Towns Phase 2 Quick Facts
| Project Name | Terrace Park Towns Phase 2 |
|---|---|
| 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 |
| Suite Sizes | 1990 – 2945 sq ft |
| Pricing | $908,990 – $1,269,990 |
| Deposit Structure | $130,000 (over 365 days) |
| Occupancy | 2025-01-01 |
| Walk Score | 22 |
| Transit Score | 44 |
About Terrace Park Towns Phase 2 in Markham
Terrace Park Towns Phase 2 is a pre-construction home community by Forest Hill Homes at Rustle Woods Avenue & Cornell Rouge Boulevard in the Cornell neighbourhood of Markham. The home collection includes townhomes. Ownership is listed as POTL. Recorded home designs include three-storey layouts. Current inventory includes 6 available floor plans ranging from 1,990 to 2,945 sq. ft. Current prices range from $908,990 to $1,269,990. The location has a Walk Score of 22 and a Transit Score of 44.
Terrace Park Towns Phase 2 Renderings & Gallery
Terrace Park Towns Phase 2 Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| Cherry Ridge | 3 | 2.5 | 1990 | $908,990 | Available |
| Cherry Ridge | 3 | 2.5 | 1990 | $1,318,880 | Available |
| Elm Ridge | 3 | 2.5 | 2025 | $1,314,880 | Available |
| Elm Ridge | 3 | 2.5 | 2025 | $921,990 | Available |
| Hazelwood | 3 | 2.5 | 2065 | Register for pricing | Sold Out |
| Hazelwood | 3 | 2.5 | 2065 | $1,024,990 | Available |
| Rosewood | 3 | 2.5 | 2110 | Register for pricing | Sold Out |
| Rosewood | 3 | 2.5 | 2110 | $1,089,990 | Sold Out |
| Pine Ridge | 3 | 2.5 | 2145 | $1,333,880 | Available |
| Pine Ridge | 3 | 2.5 | 2145 | $930,880 | Available |
| Oakwood | 4 | 2.5 | 2226 | $1,448,880 | Available |
| Oakwood | 4 | 2.5 | 2226 | $969,880 | Available |
| Maplewood | 4 | 3.5 | 2945 | Register for pricing | Sold Out |
| Maplewood | 4 | 3.5 | 2945 | $1,269,990 | Available |
Full Terrace Park Towns Phase 2 floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the Terrace Park Towns Phase 2 price list and floor plans.
Terrace Park Towns Phase 2 Deposit Structure
$130,000 (over 365 days)
Deposit structures at Terrace Park Towns Phase 2 can change between releases and may differ for international buyers. Confirm the current Terrace Park Towns Phase 2 deposit structure before submitting a worksheet.
Location: Rustle Woods Avenue & Cornell Rouge Boulevard
Terrace Park Towns Phase 2 is located at Rustle Woods Avenue & Cornell Rouge Boulevard, Markham in the Cornell neighbourhood, Regional Municipality of York.
- Walk Score: 22/100
- Transit Score: 44/100
Explore more pre-construction projects in Markham or browse the Regional Municipality of York region.
About the Developer: Forest Hill Homes
Terrace Park Towns Phase 2 is being developed by Forest Hill Homes.
See all Forest Hill Homes pre-construction projects.
How to Buy at Terrace Park Towns Phase 2
- Register early. Allocation at Terrace Park Towns Phase 2 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 Towns Phase 2
Budget beyond the purchase price at Terrace Park Towns Phase 2: 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.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at Terrace Park Towns Phase 2. Confirm each in the current agreement of purchase and sale before you sign.
Terrace Park Towns Phase 2 — Frequently Asked Questions
Where is Terrace Park Towns Phase 2 located?
Terrace Park Towns Phase 2 is located at Rustle Woods Avenue & Cornell Rouge Boulevard, Markham in the Cornell neighbourhood.
Who is the developer of Terrace Park Towns Phase 2?
Terrace Park Towns Phase 2 is being developed by Forest Hill Homes.
How much do units at Terrace Park Towns Phase 2 cost?
Pricing at Terrace Park Towns Phase 2 starts from $908,990 and ranges to $1,269,990. Prices and incentives change with each release — request the current price list for live pricing.
When is occupancy at Terrace Park Towns Phase 2?
Estimated occupancy for Terrace Park Towns Phase 2 is 2025-01-01.
How do I get platinum or VIP access to Terrace Park Towns Phase 2?
Circle Real Estate provides platinum access to Terrace Park Towns Phase 2, 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 Towns Phase 2 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.