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New1 day ago

419 Millard Avenue

Central Newmarket, Newmarket

$465,000

Detached|2-Storey
2 | 2 | 2
About this home

**Attention Investors, Renovators & Builders!** Opportunity to own a detached 2-storey home in the established Central Newmarket neighbourhood. Situated on a corner lot, this vacant property offers 2 bedrooms, 2 bathrooms, an unfinished partial basement and a detached garage. Conveniently located near Historic Main Street, Fairy Lake, parks, schools, shopping, restaurants and local amenities. **Property is being sold strictly in "As-Is, Where-Is" condition** and requires substantial repairs and renovations, Not currently move-in ready. Ideal for experienced buyers prepared to undertake extensive improvements, subject to municipal approvals where applicable. Buyers are encouraged to conduct their own due diligence regarding property condition, repairs, permits and intended use. An opportunity to restore or reimagine this property in a mature Newmarket community.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,504
Lot Size48 ft x 82.5 ft
mls© NumberN14103682
Listed ByRE/MAX ACE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,380
Property tax
$292
Heat allowance
$150
Housing costs
$2,822 / mo

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

Down payment20% · $93,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,957 / mo
Cash down
$93,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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