All photos · 28

Gorham-College Manor

181 Newton Street E, Newmarket, ON L3Y 3K6

$879,000

Beds

3

Baths

2

Type

Freehold

About this home

Great investment opportunity ideal for both investors and first-time buyers seeking rental income. Located near fairy Lake and Newmarket's lively Main street. This fully renovated 2+1 bungalow site on a beautiful lot with a large, deep backyard, spacious deck, and plenty of outdoor space. Includes a legal one-bedroom basement apartment with a private entrance, featuring a brand-new kitchen, Laminate flooring, and in-suite laundry-perfect for generating rental income. situated in the desirable Bayview/Leslie business area within a quiet, family-friendly neighborhood. Convenient access to Hwy 404, just 15 minutes to Upper Canada Mall/ Five minutes to No-frills, walk 2 Elementary School/ 3 High school. Spend $140 K in total renovation, New 200 Amp electrical panel, Quality Hardwood Garage opener, new Kitchen, Large deck, living room, Lot window covering, 2 Fridge, 2 Stove, Dishwasher/ 2 Dry. New Roof, Furnace, AC

Interior

  • · In-Law Suite
  • · Primary Bedroom - Main Floor
  • · Water Heater

Exterior

  • · Deck

Heating

  • · Forced Air

Cooling

  • · Central Air

Basement

  • · Separate Entrance

Room by room

Bedroom

Main9'10" × 9'10"

Bedroom 2

Main9'8" × 9'10"

Living Room

Main18'0" × 13'1"

Laundry

Main8'8" × 6'6"

Kitchen

Main11'2" × 9'10"

Living Room

Basement9'9" × 15'0"

Kitchen

Basement17'0" × 9'10"

Bedroom

Basement10'11" × 10'2"

Furnace Room

Basement7'10" × 7'3"

Bathroom

Basement9'9" × 7'3"

Bathroom

Basement9'9" × 3'1"

Bathroom

Main6'5" × 6'0"

What it could cost monthly

Estimated monthly

$4,025

Principal & interest, per month


Mortgage amount
$703,200
Down payment
$175,800
Total interest paid
$504,378

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

HOMELIFE LANDMARK REALTY INC.

Each office independently owned and operated.