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Listed 2 months ago

203 - 400 Park Avenue

Central Newmarket, Newmarket

$589,999

Condo Apartment |
1 | 1 | 1 | 0
About this home

Welcome To The King George School Lofts!*This Stunning 1 Bedroom Loft Offers South/West Views Just Steps to Historic Downtown Newmarket, You Truly Can't Beat The Location!*This Beautifully Designed Unit Showcases Soaring 12'8" Ceilings, Rich Hardwood Flooring, Oversized Windows And An Elegant Open-Concept Layout Filled With Natural Light Throughout*The Kitchen Is Thoughtfully Appointed With Quartz Countertops, A Freestanding Centre Island, And Full-Size Stainless Steel Appliances, Making It Ideal For Both Everyday Living And Entertaining*The 4 Piece Bathroom Is Finished With Marble, Adding Another Touch Of Luxury To The Space*Freshly Painted And Loaded With Upgrades, This Unit Includes Automatic Window Coverings, Custom Built-In Cabinetry, Oversized Closets, And An Abundance Of Storage Throughout*Enjoy The Convenience Of In-Suite Laundry And An Owned, Covered Parking Space*Located In An Unbeatable Area Close To Main Street's Shops, Restaurants, Cafes, And All Amenities That This Sought-After Area Offers*This Exceptional Loft Is Perfect For Those Seeking Style, Comfort, And Convenience In A Prime Location!*Don't Miss It!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$683
LockerNone
BalconyNone
ExposureSouth West
Parking TypeCarport
Parking Spaces1
Parking FeaturesCovered, Private
Property Tax$3,495
mls© NumberN13234218
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.
Common Elements Included
Building Insurance Included
Parking Included

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%
$3,020
Property tax
$291
Heat allowance
$150
Condo fees, half counted
$342
Housing costs
$3,803 / mo

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

Down payment20% · $118,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,483 / mo
Cash down
$118,000

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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