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Listed 2 months ago

176 Cherrywood Drive

Bristol-London, Newmarket

$868,000

Semi-Detached |Bungalow
3 | 4 | 6
About this home

Welcome to this beautifully renovated 3+3 bedroom, 4 bathroom semi-detached home, updated with building permits from the City of Newmarket and designed for modern living. Situated on a spacious 34 x 95 ft lot, this exceptional property features a separate entrance to a fully finished basement with ADU registration-perfect for extended family living or potential rental income. could be rented around 4800-5000$ per month. Enjoy high-quality finishes throughout, including: Tile Flooring 2026; Engineering hardwood floors (2026)Large new windows (2026)New sliding door (2026)New wood stairs (front & back, 2026)Soffits (2026)Partial foundation waterproofing (2026)Brand-new appliances . Upgraded mechanics provide peace of mind: AC 2026, Gas furnace & thermostat (2024) Roof shingles (2023) 100 Amp electrical panel. Hot water tank rental (2026) - only $38/month + tax .Additional highlights 20K EXTENTED CONCRETE driveway DONE WITH CITY PERMIT and a thoughtfully designed layout ideal for families or investors. Unbeatable Central Location: Steps to parks, schools, Tim Hortons, transit, and everyday amenities. Just minutes to GO Transit, Upper Canada Mall, library, Southlake Regional Health Centre, Main Street shops & restaurants, and the scenic Fairy Lake. This turnkey home offers style, income potential, and convenience-all in one of Newmark's most desirable locations.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,709
Lot Size34 ft x 95 ft
mls© NumberN13436112
Listed BySUTTON GROUP-ADMIRAL 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%
$4,443
Property tax
$309
Heat allowance
$150
Housing costs
$4,902 / mo

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

Down payment20% · $173,600
25-yr amortization

Income needed

$151,000

gross annual household income

Payment at 4%
$3,653 / mo
Cash down
$173,600

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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