$799,900

For sale

346 Doak Lane, Newmarket (Gorham-College Manor) - Single Family for Sale

346 Doak Lane, Newmarket (Gorham-College Manor), Ontario, L3Y0A7

3 beds3 baths2 parking1,300 ft²$143/mo condo feeListed 27 days ago

Overview

This 3-bedroom, 3-bathroom condo in Newmarket is for sale offering roughly 1,300 sq ft of space. Its $799,900 asking price sits right in line with the $785,000 median in Newmarket. It has been on the market 27 days, fresher than the Newmarket average of 46 days.

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Description

Welcome to 346 Doak Lane, a stylish executive townhomes tucked into the quiet High Gate enclave in Newmarket's Gorham College Manor community. This bright, well-appointed home features an open-concept main floor with hardwood flooring, pot lights,9ft ceilings, moulded details, and a large upgraded kitchen with granite counters, centre island, stainless steel appliances, and walkout to the rear deck & patio. The Upper level offers 3 bedrooms, including a spacious primary suite with walk-in closet and 4-piece ensuite, along with 2bright secondary bedrooms overlooking the front of the home and also feature hardwood floors & generous closets. The finished lower level provides flexible bonus space with direct garage access -- perfect for a family room, office, gym, or media area. Close to schools, parks, shopping, transit, and major commuter routes. A polished, low-maintenance home in a convenient east-end Newmarket location. (id:66096)

Property Details

MLS®: N13878868
Property Type: Single Family
Zoning: ICBL, R4-R
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 18 × 73 ft (1,305 sq ft)
Frontage: 18 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $143/mo
Fee Includes

Rooms

Main level

Living room: 7.06 x 2.72 meters
Dining room: 4.76 x 2.53 meters
Kitchen: 4.38 x 2.74 meters

Second level

Primary Bedroom: 4.72 x 3.61 meters
Bedroom 2: 2.52 x 3.84 meters
Bedroom 3: 3.37 x 2.61 meters

Basement

Den: 3.98 x 4.5 meters

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

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener, Water Heater
Flooring: Tile, Hardwood
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Newmarket (Gorham-College Manor) listings, avg age

46d

Price / ft²

$615

List price

$800K

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 3-bed single family in Newmarket (Gorham-College Manor) has been listed for 27 days, which is 19 days fresher than the city average of 46. Act while there is still low competition.

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE · DARCY TOOMBS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $799,900, about 8.6× the local median household income of $93,000.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 68% 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)

$799,900· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,990

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,796 capitalized)

Property tax (est.)$386/mo

Condo fee$143/mo

Total monthly$4,659

Cash Needed to Close

Down payment (6.87%)$54,990

Land transfer tax$12,473

Est. closing costs$4,900

Total cash needed$72,363

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