$849,900

$859,900For salePrice drop↓ $10,000 (1%)

364 Dixon Boulevard, Newmarket (Central Newmarket) - Single Family for Sale

364 Dixon Boulevard, Newmarket (Central Newmarket), Ontario, L3Y5C4

4 beds2 baths6 parking1,300 ft²50 × 110 ft (5,500 sq ft) lot sizeListed 37 days ago

Overview

This 4-bedroom, 2-bathroom home in Newmarket is for sale offering roughly 1,300 sq ft of space. Listed at $849,900, it is attractively priced about 19% below the $1,049,000 median asking price in Newmarket. It has been on the market 37 days, fresher than the Newmarket average of 70 days.

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Description

Comfortable raised bungalow in the heart of Newmarket close to Yonge St. Loved by the same family for over 35 years, now ready for its next chapter. Recently refreshed with new carpet and painted throughout. Huge bonus is the Registered Accessory Residential Unit (ARU) in basement, which features level entry and a giant living room with fireplace. This registered apartment provides the flexibility for multigenerational living or allows for extra income to help with the mortgage. Newmarket's registered accessory units are designated with an 'N' in their address which allows for extra waste bags and most lenders will consider some of the basement income when qualifying the buyer. Double garage plus level double driveway that easily accommodates 4 cars. No sidewalk to shovel! Huge, sunny backyard with a cute wooden shed and a sauna that can be used as a 2nd shed. Walk out from the dining room to the beautiful yard with perennials and raspberry bushes around the perimeter of the fully fenced yard. Kitchen is original to the build, this is your opportunity to design your dream kitchen if you wish. The large open layout lends itself to family gatherings that create memories. Upsizing , downsizing, or right-sizing, this lovely home will fit your lifestyle. (id:66096)

Property Details

MLS®: N13845018
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 50 × 110 ft (5,500 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Raised bungalow
Basement: Full, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Kitchen: 3.82 x 2.6 meters
Living room: 8.71 x 3.52 meters
Dining room: 8.71 x 3.52 meters
Primary Bedroom: 4.33 x 3.32 meters
Bedroom 2: 3.92 x 3.17 meters
Bedroom 3: 3.29 x 3.13 meters

Lower level

Kitchen: 2.84 x 2.53 meters
Living room: 8.38 x 3.42 meters
Bedroom 4: 3.67 x 3.42 meters

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

Features

Appliances: Washer, Dishwasher, Dryer, Two stoves, Garage door opener remote(s), Water Heater, Two Refrigerators
Flooring: Laminate, Carpeted, Vinyl
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: In-Law Suite, Sauna

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Newmarket (Central Newmarket) listings, avg age

70d

Price / ft²

$654

List price

$850K

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 37 days, which is 33 days fresher than the city average of 70. Act while there is still low competition.

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Listed by ROYAL LEPAGE RCR REALTY · EVELYN CHISAMORE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $849,900, about 9.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 79% 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)

$849,900· $654/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$438/mo

Total monthly$4,817

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$13,473

Est. closing costs$5,050

Total cash needed$78,513

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