






Sales Representative
Price
$749,000
Bedrooms
3 Beds
Bathrooms
2 Baths
Size
1100-1500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5119.08
Opportunity Knocks! Spacious 3+1 Bedroom, 2 Bathroom Detached Brick BUNGALOW nestled on a Huge Premium (.239 acre) 70 x 150 ft RAVINE lot, backing onto lush green space and mature trees. Ideally located in walking distance to Southlake Hospital, Historic Downtown Newmarket and beautiful Fairy Lake Park. This home offers approximately 1,200 sq ft floorplan of main-floor, above-grade living space with a bright, open layout, 3 bedrooms, strip hardwood flooring and a spacious living/dining room with breathtaking views from the oversized picture windows. Separate entrance to a bright 1162 sq ft Walk-Out Basement with excellent potential for a 2 Bedroom In-Law Suite, additional living space or future customization. Opportunity to finish plumbing in 2nd Bathroom to make it a 3 piece with existing Roughed in Shower. Potential for 5th bedroom by adding a window or shifting frame wall in utility rm to incorporate a window. Seamless indoor-outdoor living awaits! Step outside to the mature, shady backyard and take in the peaceful natural beauty and complete privacy providing a tranquil setting to enjoy morning coffee, summer evenings and everything in between. Attached Garage and Driveway provide parking for 3-4 vehicles. A wonderful opportunity for renovators, investors or buyers looking to create their own vision in an exceptional central Newmarket location. Notable updates include roof shingles on rear portion (2020), foundation repair (2019), gas furnace (2009), chimney tuckpointing/masonry repairs & vinyl windows (2010, 2008, 2005), and eavestroughs (2003). Walk to Southlake Regional Health Centre, Newmarket GO Transit, VIVA, schools including Huron Heights Secondary School and Meadowbrook Public School, parks, trails, shops and restaurants. Enjoy easy access to Fairy Lake, Historic Downtown Newmarket, Conservation areas, Davis Drive amenities and Highway 404. First time offered for sale on MLS by the original owners. Property is being sold in as-is condition.
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Total Monthly Payment
$3,118 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$599,200
Total Interest Payments
$369,444
Total Payment (Principal + Interest)
$968,644
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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