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New16 hours ago

228 Kathryn Crescent

Central Newmarket, Newmarket

$889,000

Detached|Bungalow
3 | 2 | 5
About this home

This charming bungalow perched on the perfect interior corner of a quiet crescent welcomes you from the moment you see it. Mature neighbourhood with trees galore and walking distance to both Yonge Street and Historic downtown Newmarket, this home is a rare opportunity to own a spacious and bright bungalow in central Newmarket. Rear wrap-around porch overlooks the oversized yard with a canopy of trees. The home features hardwood floors, wainscotting, California Shutters, and generous sized rooms built for entertaining with windows that let the light in from every angle. The kitchen features a center island with wine rack, backsplash, pantry, granite countertop and ceramic floors. The dining area is especially inviting with partial vaulted ceiling detail, arched transom window over double doors that open to the porch and treed yard. Partially finished basement has in-law potential with kitchen cabinetry , fridge, and sink, recroom space, 3 pce washroom, and bedroom. 3 separate entrances, and a single car garage round out the space. Stand-alone shower on main floor in as-is condition. Roof reshingled 2023.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,161
Lot Size49 ft x 0 ft
mls© NumberN13801794
Listed ByKELLER WILLIAMS REALTY CENTRES

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%
$4,550
Property tax
$513
Heat allowance
$150
Housing costs
$5,214 / mo

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

Down payment20% · $177,800
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,741 / mo
Cash down
$177,800

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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