388 Eagle Street, Central Newmarket

Price

$1,350,000

Bedrooms

2 Beds

Bathrooms

2 Baths

Size

< 700 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$5128.44

Description

Developers,investors and end users, opportunity knocks. 80 X 140 lot in the downtown area, the lot coverage up to 45%,you can 1) knock down and rebuild up to 5,000 sf brand new house or 2) put 4,000 sf one additional unit(a house) OR 3) put 2 additional residential units(2 houses) and EACH UNIT has 2,000 sf(city call it ARU), Not in LSRCA Regulation Map.Not in EP ZONE,Not in Flood Zone,Not a heritage property. the previous owner is a builder,he renovated the whole house 3-4 yrs ago. metal roof,furnace (23),a/c(23),.Basement has a separate entrance (you may change to for a legal apartment),a rough-in kitchen, living room,4-pc washroom,1 bedroom,1 office,1 laundry room.detached garage with huge drive.(Photos from previous listing,the house may not exactly look like the photos show)

Property Dimensions

Total Levels

2

Total Rooms

8

Total Area

123 sq ft

Avg Room Size

15 sq ft

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Property History

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Total Monthly Payment

$5,278 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,080,000

Total Interest Payments

$665,886

Total Payment (Principal + Interest)

$1,745,886

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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