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Central Newmarket, Newmarket
$1,099,000
Welcome To 103 Arden Avenue. A Detached 2.5-Storey Century Home Situated On A Generous 43' x 98' Lot In Central Newmarket. Offering Over 2,270 Sq Ft Above Grade Plus A Finished Third-Floor Loft, This Spacious Home Features 4 Bedrooms, A Covered Front Porch And A Long Private Driveway. The Versatile Loft Space Is Perfect For A 5th Bedroom, Home Office, Playroom, Or Additional Living Area. Enjoy An Updated Kitchen With Modern Appliances, Along With Updated Electrical Completed With ESA Permit. A Unique Opportunity To Own A Character-Filled Home With Modern Updates In A Prime Location. *Washer/Dryer To Be Installed. Heat Pump, A/C To Be Installed On 3rd Floor.*
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $4,788 |
| Lot Size | 43 ft x 98 ft |
| mls© Number | N13480598 |
| Listed By | HOMELIFE SUPERSTARS REAL ESTATE LIMITED |
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%
- $5,625
- Property tax
- $399
- Heat allowance
- $150
- Housing costs
- $6,174 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$190,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
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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