$715,000

For sale

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522 Ainsworth Drive, Newmarket (Gorham-College Manor) - Single Family for Sale

522 Ainsworth Drive, Newmarket (Gorham-College Manor), Ontario, L3Y8R6

3 beds baths

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Listed by ROYAL LEPAGE RCR REALTY

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For sale

8 days ago

$1.45M

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Listed by SUTTON GROUP-ADMIRAL REALTY INC.

322 Harry Beer Court, Newmarket (Gorham-College Manor), Ontario, L3Y8M2

For sale

12 days ago

$1.42M

322 Harry Beer Court, Newmarket (Gorham-College Manor), Ontario, L3Y8M2

6 bd4 ba6 pk2,750 ft²Lot size 31 × 150 ft (4,716 sq ft)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Investment analysis

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$715,000

Newmarket

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Description

Welcome to 522 Ainsworth Dr - A well located Freehold Townhome conveniently located near Bayview and Mulock. This bright and welcoming 3-bedroom, freehold townhouse offers comfortable family living in one of Newmarket's established communities. Enjoy well-designed living space with functional flow and plenty of natural light throughout. The property is ideal for first-time buyers, growing families or investors seeking quality homes in a strong performing area. Prime Location & Desirable Community Situated in the heart of Newmarket, this home is close to parks, schools, transit and everyday conveniences. Newmarket is known for its balanced lifestyle and strong sense of community. The town blends urban amenities with suburban charm - from boutique shops and cafes to lush parkland and active recreation options. Residents enjoy easy access to Fairy Lake, Main Street and a variety of year-round community events. Roof '23, HWT '24, Furnace '24 (id:66096)

Property Details

MLS®: N13782290
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 19 × 105 ft (1,956 sq ft)
Frontage: 19 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,208.58/yr
Listed: 52 days ago

Rooms

Second level

Bedroom 3: 3.95 x 2.63 meters
Bedroom 2: 4.17 x 2.66 meters
Primary Bedroom: 5.46 x 3.57 meters

Main level

Living room: 4.13 x 3.07 meters
Kitchen: 3.67 x 2.15 meters
Eating area: 3.23 x 2.15 meters
Dining room: 5.2 x 3.04 meters

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

Market Timing

Days on market

52d

Newmarket (Gorham-College Manor) listings, avg age

46d

Price / ft²

$409

List price

$715K

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.

Area context

Neighbourhood profile (L3Y)

This home lists at $715,000, about 7.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $139,665 (20% down, 25-yr amortization, stress-tested) — roughly 50% 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)

$715,000· $409/ft²

For sale

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Full Cost Breakdown

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Down Payment6.50% · $46,500

Min 6.50%50%

Mortgage payment$3,706/mo

↳ CMHC premium ($26,740 capitalized)

Property tax (est.)$351/mo

Total monthly$4,057

Cash Needed to Close

Down payment (6.50%)$46,500

Land transfer tax$10,775

Est. closing costs$4,645

Total cash needed$61,920

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522 Ainsworth Drive, Newmarket (Gorham-College Manor) - Single Family for Sale

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Description

Property Details

Rooms

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (L3Y)

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