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272 Jeff Smith Court, Gorham-College Manor

Price

$599,000

Bedrooms

2 Beds

Bathrooms

1 Baths

Size

700-1100 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$130

Description

Land Lease! Age 55+ Retirement Community! Rare Gem in Leisure Valley Newmarket Retirement Community! Located on a peaceful cul-de-sac in sought-after area designed specifically for residents 55+. This beautifully upgraded 2 br bungalow offers comfort, practicality and minimal maintenance! Situated on leased land, this home is ideal for those seeking a lower overhead cost, with a quieter, low maintenance lifestyle just minutes from Southlake Hospital, Riverwalk Commons, Main Street, and all major amenities! 7 mins to highway 404! Step inside to find hardwood flooring throughout, senior friendly bathroom updated with oversized walk-in shower with seat, hand shower and safety grab bars. The huge custom centre island gourmet kitchen features oak cabinetry, breakfast bar and flows effortlessly through garden doors to a spacious dining room walkout to oversized composite deck and privacy overlooking mature trees. This property is ideal for smartsizers, downsizers and retirees looking for comfort, efficiency and a peace of mind in a well-cared for home and community. Pets welcome! Subject to landlord agreement. **Lease land at $910 per month. Maintenance fee of $250.00 per month and Taxes billed monthly at $130.00. (Total Monthly cost of $1290.00 plus utilities). Fees include: Snow removal, grass cutting and exterior maintenance as per the Lease agreement

Property Dimensions

Total Levels

2

Total Rooms

7

Total Area

196 sq ft

Avg Room Size

28 sq ft

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Mortgage Calculator

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Total Monthly Payment

$2,163 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$479,200

Total Interest Payments

$295,456

Total Payment (Principal + Interest)

$774,656

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Shawn

Meet Shawn

If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.

Let's Find Your Dream Home Together