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Central Newmarket, Newmarket
$1,595,000
Old World Charm with Modern Conveniences. A beautiful century home built in 1917 with 21stcentury modern conveniences. Located in Old Newmarket with main floor family room with woodburning fireplace, hot tub and multi-level decks overlooking gardens, stream, and green space.Perfect location. Walk to school, Main Street, restaurants and bars, Fairy Lake and walking trails.The houses history is evident in the original woodwork, wood floors, leaded windows, andFrench pocket doors. The modern kitchen features quartz counters, 5 burner gas stove, doubleovens, a centre island, a 54" commercial refrigerator and commercial ice maker in the pantry,and a full wall of telescopic patio doors leading to the sunroom. The sunroom is a vision. Wood floors, wood ceiling, 27 windows overlooking the backyard andgreen space, wood burning Finnish fireplace (WETT certified), and a walkout to a multi-leveldeck for entertaining.The 3rd floor is curerently used as an artists studio. It could easily be an office, yoga studio, or 4th bedroom. The front porch is great for those relaxing summer evenings. The lower-level houses laundry, aworkshop, and an abundance of storage with a separate entrance. Walkout to a covered patioand the hot tub. Walk to shops and Fairy Lake. This house has been maintained to perfection.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,259 |
| Lot Size | 50.03 ft x 100.19 ft |
| mls© Number | N13582612 |
| Listed By | EXP 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%
- $8,164
- Property tax
- $522
- Heat allowance
- $150
- Housing costs
- $8,836 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$272,000
gross annual household income
- Payment at 4%
- $6,712 / mo
- Cash down
- $319,000
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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