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Central Newmarket, Newmarket
$849,900
Opportunity knocks in the heart of Newmarket. This 1955 detached bungalow sits on a 59-foot-wide lot and is set up as two self-contained units, ideal for owner-occupiers who want help with the mortgage, multi-generational families and investors alike. The upper level offers 2 bedrooms, with a large primary suite featuring a walk-in closet and ensuite bath, a kitchen remodelled in 2020, a spacious main bath, a rear sunroom addition and private laundry in a private lower level storage/utility space. The lower level unit has its own private entrance, 1 bedroom, updated bathroom, large above-grade windows and private laundry. The standout at this property is the large detached double-car garage (Tandem) with its own gas furnace, which makes for an ideal workshop, gym, or hobby space few neighbouring homes can match. A 200-amp main panel plus 100-amp subpanel, central air (condenser 2025) and a 2024 roof round out the updates. Set in a Major Transit Station Area, a short stroll to Yonge Street, Upper Canada Mall, Old Newmarket, Fairy Lake, schools, parks and the GO station. Walk to some of Newmarket's Fav events, like Summer Concert Series, Farmers market + much more. Lower level Tenants in place; showings by appointment with notice.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,903 |
| Lot Size | 59.27 ft x 120 ft |
| mls© Number | N14101144 |
| Listed By | COLDWELL BANKER THE REAL ESTATE CENTRE |
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%
- $4,350
- Property tax
- $492
- Heat allowance
- $150
- Housing costs
- $4,992 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$154,000
gross annual household income
- Payment at 4%
- $3,577 / mo
- Cash down
- $169,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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