$465,000

For sale

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419 Millard Avenue, Newmarket (Central Newmarket) - Single Family for Sale

419 Millard Avenue, Newmarket (Central Newmarket), Ontario, L3Y2A2

2 beds2 baths parking

283 Avenue Road, Newmarket (Central Newmarket), Ontario, L3Y1N8

4 bd3 ba3 pk1,300 ft²Lot size 50 × 147 ft (7,365 sq ft)

Listed by RE/MAX WEST REALTY INC.

194 Sherwood Place, Newmarket (Central Newmarket), Ontario, L3Y8E5

For saleJust listed

2 days ago

$2.40M

194 Sherwood Place, Newmarket (Central Newmarket), Ontario, L3Y8E5

4 bd4 ba6 pk4,250 ft²Lot size 110 × 397 ft (1.00 acres)

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

122 Beswick Drive, Newmarket (Central Newmarket), Ontario, L3Y1E7

For saleJust listed

3 days ago

$999K

122 Beswick Drive, Newmarket (Central Newmarket), Ontario, L3Y1E7

4 bd2 ba5 pk1,750 ft²Lot size 42 × 108 ft (4,515 sq ft)

Listed by RE/MAX HALLMARK CHAY REALTY

431 Eagle Street, Newmarket (Central Newmarket), Ontario, L3Y1K5

For sale

7 days ago

$739K

431 Eagle Street, Newmarket (Central Newmarket), Ontario, L3Y1K5

2 bd2 ba3 pk900 ft²Lot size 40 × 100 ft (4,000 sq ft)

Listed by KELLER WILLIAMS REALTY CENTRES

Investment analysis

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$465,000

Newmarket

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48 × 83 ft (3,960 sq ft) lot size

Overview

This 2-bedroom, 2-bathroom home in Newmarket is for sale offering roughly 900 sq ft of space. It has been on the market 14 days, fresher than the Newmarket average of 72 days.

Houses for Sale in Newmarket →All real estate in Newmarket →

Description

**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. (id:66096)

Property Details

MLS®: N14103682
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 48 × 83 ft (3,960 sq ft)
Frontage: 48 ft
Storeys: 2
Basement: Partial
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,504/yr
Listed: 14 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Wood, Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Newmarket (Central Newmarket) listings, avg age

72d

Price / ft²

$517

List price

$465K

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 (Central Newmarket) has been listed for 14 days, which is 58 days fresher than the city average of 72. Act while there is still low competition.

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Listed by RE/MAX ACE REALTY INC. · VAHEESAN JEYAVEERASINGAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $465,000, about 5.0× the local median household income of $93,000.

Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$465,000· $517/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,250

Min 5%50%

Mortgage payment$2,449/mo

↳ CMHC premium ($17,670 capitalized)

Property tax (est.)$292/mo

Total monthly$2,741

Cash Needed to Close

Down payment (5%)$23,250

Land transfer tax$5,775

Est. closing costs$3,895

Total cash needed$32,920

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice