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Price Change$799,000

269 Prospect Street

Gorham-College Manor, Newmarket

$739,000

Detached|1 1/2 Storey
2 | 2 | 2
About this home

Attention Investors & Buyers: Exceptional turnkey property featuring two independent residential units with strong rental income potential. The property is fully updated inside and out. Exterior renovations include a newer roof, eavestroughs, premium stucco, a paved asphalt driveway, fencing, a deck, and fresh landscaping. The interior features modern flooring, custom closets, and updated bathrooms. The main level boasts high, loft-like ceilings that flood the space with natural light, along with a beautifully designed, functional kitchen. The lower level offers a fully finished basement suite with a separate private entrance, full kitchen, 3-piece bathroom, living room, and bedroom. Meticulously crafted with high-quality materials throughout, this move-in-ready home offers the perfect blend of sophisticated living and potential rental income. Do Not Miss out on this Property!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,691
Lot Size33 ft x 122.78 ft
mls© NumberN13177848
Listed ByCENTURY 21 HERITAGE GROUP LTD.

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%
$3,783
Property tax
$308
Heat allowance
$150
Housing costs
$4,240 / mo

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

Down payment20% · $147,800
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$3,110 / mo
Cash down
$147,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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