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Listed 16 days ago

208 Lorne Avenue

Central Newmarket, Newmarket

$1,595,000

Detached|2 1/2 Storey
3 | 3 | 3
About this home

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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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size2000-2500 sq. ft.
Property Tax$6,259
Lot Size50.03 ft x 100.19 ft
mls© NumberN13582612
Listed ByEXP 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.

Down payment20% · $319,000
25-yr amortization

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 check

Investment Analysis

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