94 Prospect Street
Central Newmarket, Newmarket
$885,800
Welcome to 94 Prospect St -A Turnkey Home on a 110-Foot Lot in One of Newmarket's Most Desirable Neighbourhoods. An Ideal Blend Of Business Potential And Family Living. Recently Installed New A/C System. Thoughtfully updated with modern conveniences and timeless charm, this 3-bedroom home is the perfect blend of form and function.The bright and spacious main level features a bow window that fills the living room with natural light, upgraded Kitchen & Bathrooms, Along With A Separate Washer & Dryer. Incredible Flexibility W/ Separate Entrance To Finished Bsmt-Perfect For In-Law Suite! Full Kitchen, Its Own Laundry, And A Full Washroom - Perfect For Extended Family, Guests, Or Rental Income. This Property Offers Flexibility For Investors, Multi-Generational Families, Or Those Seeking A Home Business Setup (Zoning Permits Home-Based Business). Unbeatable Location Steps To Go Train Station, Fairy Lake, Trails, Rec Centre & Main St Shopping. A Must See For First-Time Buyers & Investors!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,547 |
| Lot Size | 110.35 ft x 88.66 ft |
| mls© Number | N13448954 |
| Listed By | CENTURY 21 MYPRO 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%
- $4,534
- Property tax
- $379
- Heat allowance
- $150
- Housing costs
- $5,063 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$156,000
gross annual household income
- Payment at 4%
- $3,728 / mo
- Cash down
- $177,160
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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