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16822 Bayview Avenue, Central Newmarket

Price

$999,000

Bedrooms

3 Beds

Bathrooms

2 Baths

Size

Not listed

Year Built

Not listed

Property Type

House

Property Taxes

$4573.07

Description

Charming Bungalow with Registered Basement Apartment - Prime Newmarket Location! Opportunity knocks in the heart of Newmarket! This 3-bedroom bungalow sits on a huge lot and features a registered 1 bedroom plus den basement apartment with a separate entrance, perfect for investors or those looking to offset their mortgage by renting out the lower level. The bright and spacious main floor offers comfortable living, updated eat-in kitchen, while the lower unit provides flexibility for rental income or multigenerational living. A one-car garage and plenty of outdoor space add to the homes appeal. Located just steps from downtown Newmarket, you're within walking distance to trendy shops, restaurants, and parks, plus just minutes to the 404 for an easy commute. Live upstairs, rent downstairs, or invest in a prime location - this one won't last! Lower level tenant pays $1,575.94/ month and is on a month to month lease but would like to stay.

Property Dimensions

Total Levels

2

Total Rooms

10

Total Area

164 sq ft

Avg Room Size

16 sq ft

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Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,970 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,200

Total Interest Payments

$492,756

Total Payment (Principal + Interest)

$1,291,956

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