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Central Newmarket, Newmarket
$1,150,000
Rarely Offered Premium 80' X 140' In town Lot, Detached Home Located In Heart Of Central Newmarket. This Spacious Detached Bungalow Is Steps Away From Downtown/Fairy Lake And Sits On A Generous Sized Lot! Has Been Designed For Multiple Legal Units With A Separate Basement Entrance! Beautiful Engineered Hardwood Plank Floors Throughout Main Level. Custom Kitchen With Quartz Counters And Backsplash plus a Undermount Farmers Sink. Fantastic Primary Bedroom Ensuite With Stand Up Shower. South View Dining Rm Lookout To Huge Backyard. 2+2 Great Size Bdrm, 2 Full Bthrm, 1+1 Kitchens W/ Large Window, Quartz Counter Tops & Backsplash.. Lower Level Features An Apartment With Separate Entrance! With An Oversized Lower Primary Room and a Custom Ensuite Bath With Heated Floors And Bright Above Grade Windows! Outstanding Builders Lot With 80' Frontage, Dream Lot With Incredible Future Development Potential. Wrap Around Rear Deck Provides Privacy To Overlook The Beautiful Backyard With Mature Trees. Single Car Grg+4-Car Driveway. Huge Backyard. Perfect For In-Law Suite, Additional Rental Income Or Development. A Quick Walk Takes You Downtown To Enjoy The Shops And Restaurants. Close Proximity To Many Walking And Or Bike Trails Around Nearby Fairy Lake. Close to Main Street Shopping & Restaurants, Go Train Station & Public Transit, Gorman Pool, Fairy Lake Park & other great amenities/services, Downtown Newmarket is an idyllic location for those with an active lifestyle to call home. Located Just Steps From Historic Main Street Newmarket, Hospitals, Top-Rated Schools, Southlake Regional Health Centre, Upper Canada Mall, & Major Highways (404 & 400). Combines Walkability, Transit Convenience, And Long-Term Growth Potential. Whether You Enjoy Playing Golf, Shopping, or Visiting Local Restaurants, There's Something To Find For Everyone. Investment Property Situated In The Much Sought-After Heart Of Newmarket.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,269 |
| Lot Size | 80 ft x 140 ft |
| mls© Number | N13831652 |
| Listed By | RE/MAX Jazz INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,886
- Property tax
- $439
- Heat allowance
- $150
- Housing costs
- $6,475 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,839 / mo
- Cash down
- $230,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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