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Huron Heights-Leslie Valley, Newmarket
$968,900
Welcome to 1000 Elgin Street, Newmarket - a beautiful starter home or investment property with great rental potential set on a premium lot in a highly sought-after location. Nestled on an impressive 181-foot deep lot backing onto lush green space and a serene ravine, this charming property offers privacy, natural views, and the perfect backdrop for family living. Situated in a quiet, established neighborhood lined with mature trees, you'll appreciate the peaceful atmosphere and strong sense of community. Key Features: Expansive 181-foot deep lot with no rear neighbors -Walkout basement with rough-ins - ideal for an in-law suite. Perfect for first-time buyers or growing families. Enjoy unmatched convenience just steps from parks, schools, plazas, and public transit. You're also minutes from Southlake Regional Health Centre, Highway 404, and the Newmarket GO Station for easy commuting. Within walking distance, you'll find a wide range of everyday amenities including shops, restaurants, banks, a walk-in clinic, dental office, and optometrist - plus a gas station just up the street. An exciting new Costco is also coming soon to the area, adding even more value and convenience. Don't miss this exceptional opportunity to own a home in a thriving, family-friendly neighborhood.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,346 |
| Lot Size | 66 ft x 181 ft |
| mls© Number | N12964782 |
| Listed By | RE/MAX METROPOLIS REALTY |
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%
- $4,959
- Property tax
- $529
- Heat allowance
- $150
- Housing costs
- $5,638 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,077 / mo
- Cash down
- $193,780
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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