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181 Newton Street, Gorham-College Manor

Price

$879,000

Bedrooms

2 Beds

Bathrooms

2 Baths

Size

700-1100 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4113.16

Description

Great investment opportunity ideal for both investors and first-time buyers seeking rental income. Located near fairy Lake and Newmarket's lively Main street. This fully renovated 2+1 bungalow site on a beautiful lot with a large, deep backyard, spacious deck, and plenty of outdoor space. Includes a legal one-bedroom basement apartment with a private entrance, featuring a brand-new kitchen, Laminate flooring, and in-suite laundry-perfect for generating rental income. situated in the desirable Bayview/Leslie business area within a quiet, family-friendly neighborhood. Convenient access to Hwy 404, just 15 minutes to Upper Canada Mall/ Five minutes to No-frills, walk 2 Elementary School/ 3 High school. Spend $140 K in total renovation, New 200 Amp electrical panel, Quality Hardwood Garage opener, new Kitchen, Large deck, living room, Lot window covering, 2 Fridge, 2 Stove, Dishwasher/ 2 Dry. New Roof, Furnace, AC

Property Dimensions

Total Levels

2

Total Rooms

12

Total Area

113 sq ft

Avg Room Size

9 sq ft

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Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,501 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$703,200

Total Interest Payments

$433,566

Total Payment (Principal + Interest)

$1,136,766

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