$1,999,900

For sale

150 Lorne Avenue, Newmarket (Central Newmarket) - Single Family for Sale

150 Lorne Avenue, Newmarket (Central Newmarket), Ontario, L3Y4J7

4 beds4 baths5 parking2,250 ft²71 × 208 ft (14,761 sq ft) lot sizeListed 24 days ago

Overview

This 4-bedroom, 4-bathroom home in Newmarket is for sale offering roughly 2,250 sq ft of space. It has been on the market 24 days, fresher than the Newmarket average of 70 days.

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Description

Welcome to the distinguished John S. Millard House-an exceptional heritage residence where historic character has been thoughtfully preserved & seamlessly blended w/ modern comfort & sophistication. Sought after location just steps to Newmarket's award winning downtown w/ shops, restaurants, bars, farmers market, Riverwalk Commons & trail system. Fully renovated, the home showcases soaring ceilings, extensive trim, wainscoting, crown moulding & hand-scraped hardwood flooring. The gourmet kitchen features stone counters, retro appliances, tall cabinetry w/glass inserts, custom backsplash, lighting & flooring, flowing into a sunken "Muskoka" room rich in wood detailing & warmed by a gas fireplace, overlooking the expansive cottage-like backyard oasis w/ coveted western exposure. Formal living & dining rooms offer a step back in time w/ soaring ceilings, traditional baseboards & refined trim. The impressive primary suite features a generous walk-in closet leading to a fully updated ensuite w/ modern glass shower, inviting soaker tub & 9' ceilings. The walk-out lower level provides a private in-law suite, ideal for extended family or guests. Outside, the exceptionally rare, deep lot creates a private summer oasis complete w/ sparkling in-ground pool & private gazebo-perfect for entertaining & family gatherings. Beyond the pool, the original barn has been transformed into an extraordinary private retreat, featuring a games room, additional bedroom & ensuite on the lower level and a spectacular upper-level recreation room w/ live-edge bar, extensive wood & beam detailing and multiple lookouts overlooking the pool. The barn also offers exciting potential to become an exquisite carriage house. A rear bunky/shed adds to the property's authentic north-country charm. An incredibly rare offering that combines heritage, elegance, thoughtful renovation & exceptional recreational spaces-truly a piece of Newmarket history-reimagined for modern living! (id:66096)

Property Details

MLS®: N14004456
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 5
Interior Size: 2,250 ft²
Lot Size: 71 × 208 ft (14,761 sq ft)
Frontage: 70 ft
Storeys: 2
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes

Rooms

Main level

Living room: 5.67 x 4.04 meters
Dining room: 5.16 x 4.04 meters
Family room: 5.4 x 3.93 meters
Kitchen: 4.74 x 4.25 meters

Ground level

Bedroom 4: 4.3 x 2 meters
Games room: 7.7 x 6.5 meters

Upper Level

Recreational, Games room: 10.3 x 7.65 meters
Primary Bedroom: 7.16 x 4.06 meters
Bedroom 2: 4.3 x 4.04 meters

Features

Appliances: Water softener, Window Coverings
Flooring: Tile, Hardwood, Laminate
Foundation: Stone, Concrete
Exterior: Brick
Lot Features: Wooded area, Gazebo

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Newmarket (Central Newmarket) listings, avg age

70d

Price / ft²

$889

List price

$2.00M

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 4-bed single family in Newmarket (Central Newmarket) has been listed for 24 days, which is 46 days fresher than the city average of 70. Act while there is still low competition.

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD. · PAUL IRELAND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $1,999,900, about 21.5× the local median household income of $93,000.

Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 320% 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)

$1,999,900· $889/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $399,980

Min 20%50%

Mortgage payment$8,529/mo

Property tax (est.)$485/mo

Total monthly$9,014

Cash Needed to Close

Down payment (20%)$399,980

Land transfer tax$36,473

Est. closing costs$8,500

Total cash needed$444,953

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