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Listed 11 days ago

226 Thoms Crescent

Central Newmarket, Newmarket

$899,000

Detached|2-Storey
3 | 4 | 5
About this home

Bright and spacious home filled with natural light, offering a functional open-concept layout that seamlessly connects the principal living spaces. Featuring tasteful modern updates throughout, the updated kitchen boasts quartz countertops, modern cabinetry, updated appliances, and a layout designed for everyday living and effortless entertaining. The inviting living area is anchored by an elegant fireplace, creating a warm and sophisticated focal point. Convenient upper-level laundry adds to the home's practical and family-friendly design.The self-contained basement apartment includes 1 bedroom, 1 bathroom, a full kitchen, separate laundry, and a private entrance, providing excellent income potential or the perfect space for multi-generational living or a private guest suite.Additional highlights include a spacious 4-car driveway, offering ample parking for family and guests.Perfect for first-time home buyers, investors, or downsizers, this well-maintained home offers exceptional value, versatility, and comfort. Ideally located just steps from Fairy Lake, the scenic Tom Taylor Trail, and the shops, restaurants, cafés, and year-round events of Historic Downtown Newmarket's Main Street. Enjoy convenient access to public transit, highly regarded schools, Southlake Regional Health Centre, parks, and major commuter routes, offering the perfect blend of nature, small-town charm, and everyday convenience.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,378
Lot Size37.5 ft x 100 ft
mls© NumberN13605392
Listed ByJ.J. BARRON AND ASSOCIATES 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%
$4,601
Property tax
$365
Heat allowance
$150
Housing costs
$5,116 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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