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Listed 5 months ago

593 Watson Avenue

Huron Heights-Leslie Valley, Newmarket

$699,000

Detached|Bungalow
2 | 1 | 6
About this home

Location Location! Attention First Time Buyers, Investors & Developers! 2 Bed, 1Bath, 2 Car Garage House on a Big 70x100ft Lot. This cozy home is the perfect opportunity for first-time homebuyers or savvy investors looking to make their mark. Situated on a generous lot, this property offers ample outdoor space to expand, build, or simply enjoy. With its excellent location and large lot, the possibilities are endless whether you're looking to create your dream home or modern townhouses, this home provides the perfect foundation. Close to Downtown Newmarket, Schools, Upper Canada Mall, South Lake Hospital, Viva, Shopping, Dining & More! Possibility to purchase neighbour home/lot as well (589 Watson ave), Hot Water Tank Owned(2020).

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,720
Lot Size70 ft x 100 ft
mls© NumberN12899538
Listed ByHOMELIFE FRONTIER REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax
$310
Heat allowance
$150
Housing costs
$4,038 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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