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$809,999

$839,000For salePrice drop↓ $29,001 (3%)

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12 Vincent Street, Newmarket (Bristol-London) - Single Family for Sale

12 Vincent Street, Newmarket (Bristol-London), Ontario, L3Y4G2

2 beds2 baths7 parking1,300 ft²77 × 66 ft (5,076 sq ft) lot sizeListed 84 days ago

Overview

This 2-bedroom, 2-bathroom home in Newmarket is for sale offering roughly 1,300 sq ft of space. Listed at $809,999, it is attractively priced about 8% below the $879,000 median asking price in Newmarket.

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Description

A rare opportunity to combine lifestyle, business and investment potential in a highly sought after Newmarket location. This home offers a flexible combination of residential and office space (zoned MU-1 as per GeoWarehouse). The property provides comfortable living accommodations while allowing for a variety of business or professional uses. The adaptable layout offers the flexibility to live and work from the property, operate a business, or lease for potential rental income. Situated on a generous lot with ample parking this property offers exceptional convenience for residents, clients, customers, or tenants. With excellent visibility and easy access to major roads, public transit, and downtown Newmarket amenities, the location is ideal for professionals, entrepreneurs, small business owners, or investors. (id:66096)

Property Details

MLS®: N13674000
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 77 × 66 ft (5,076 sq ft)
Frontage: 77 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Garage: No Garage
Ownership: Freehold
Property Tax: $5,367.23/yr
Listed: 84 days ago

Rooms

Main level

Dining room: 3.28 x 2.97 meters
Living room: 4.29 x 2.99 meters
Kitchen: 3.37 x 2.74 meters

Second level

Kitchen: 3.18 x 2.17 meters
Bedroom: 4.36 x 3.59 meters
Bedroom 2: 3.59 x 3.19 meters

Upper Level

Loft: 4.7 x 4.85 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Block
Exterior: Brick
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

Newmarket (Bristol-London) listings, avg age

42d

Price / ft²

$623

List price

$810K

Homes here sell faster than most markets

Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Newmarket (Bristol-London) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by MAIN STREET REALTY LTD. · GREG HART

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $809,999, about 8.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $158,221 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.

Median household income: $93,000
Population: 43,556
Median age: 45.6
Owner / renter: 68% / 32%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3Y)

$809,999· $623/ft²

For sale

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Full Cost Breakdown

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Down Payment6.91% · $55,999.90

Min 6.91%50%

Mortgage payment$4,180/mo

↳ CMHC premium ($30,160 capitalized)

Property tax (est.)$447/mo

Total monthly$4,628

Cash Needed to Close

Down payment (6.91%)$56,000

Land transfer tax$12,675

Est. closing costs$4,930

Total cash needed$73,605

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Open house

12 Vincent Street, Newmarket (Bristol-London) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3Y)

Book a showing

Full Cost Breakdown