Sales Representative
Price
$759,999
Bedrooms
3 Beds
Bathrooms
2 Baths
Size
700-1100 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$3979
A rare opportunity in the heart of Newmarket! This versatile property features TWO self-contained living units, including a LEGAL basement apartment (ARU) registered with the Town of Newmarket (Registration #2014-0039) - an excellent opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income! The inviting main level features a spacious open-concept living and dining area with pot lights, along with a beautifully renovated kitchen showcasing stone countertops and backsplash, stainless steel appliances, a breakfast bar and modern finishes. The legal basement apartment offers its own separate entrance, pot lights throughout, and the convenience of separate laundry facilities. With two sets of washers and dryers, both units enjoy added privacy and independence. Additional improvements include 200-amp electrical service, sound- and fire-rated insulation between units, and an attractive stucco exterior. Outside, enjoy a private backyard with a deck, perfect for relaxing or entertaining, plus a deep front yard offering ample parking for multiple vehicles. Ideally located in an established neighbourhood surrounded by beautiful custom-built homes, just minutes from Upper Canada Mall, Newmarket GO Station, Main Street's charming shops and restaurants, Newmarket Plaza, Costco, and Highways 400 and 404.Live in one unit and rent the other, accommodate extended family, or add a legal two-unit property to your investment portfolio. A fantastic combination of flexibility, convenience, and income potential!
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Contact AgentAccess detailed sale and tax history information
Total Monthly Payment
$3,062 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$608,000
Total Interest Payments
$374,869
Total Payment (Principal + Interest)
$982,868
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
