$849,900

For sale

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

65 Millard Avenue, Newmarket (Central Newmarket), Ontario, L3Y1Y7

3 beds2 baths6 parking1,300 ft²59 × 120 ft (7,116 sq ft) lot sizeListed 14 days ago

Overview

This 3-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 14 days, fresher than the Newmarket average of 72 days.

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Description

Opportunity knocks in the heart of Newmarket. This 1955 detached bungalow sits on a 59-foot-wide lot and is set up as two self-contained units, ideal for owner-occupiers who want help with the mortgage, multi-generational families and investors alike. The upper level offers 2 bedrooms, with a large primary suite featuring a walk-in closet and ensuite bath, a kitchen remodelled in 2020, a spacious main bath, a rear sunroom addition and private laundry in a private lower level storage/utility space. The lower level unit has its own private entrance, 1 bedroom, updated bathroom, large above-grade windows and private laundry. The standout at this property is the large detached double-car garage (Tandem) with its own gas furnace, which makes for an ideal workshop, gym, or hobby space few neighbouring homes can match. A 200-amp main panel plus 100-amp subpanel, central air (condenser 2025) and a 2024 roof round out the updates. Set in a Major Transit Station Area, a short stroll to Yonge Street, Upper Canada Mall, Old Newmarket, Fairy Lake, schools, parks and the GO station. Walk to some of Newmarket's Fav events, like Summer Concert Series, Farmers market + much more. Lower level Tenants in place; showings by appointment with notice. (id:66096)

Property Details

MLS®: N14101144
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 59 × 120 ft (7,116 sq ft)
Frontage: 59 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold

Rooms

Main level

Kitchen: 3.36 x 3.1 meters
Dining room: 2.53 x 3.33 meters
Living room: 3.44 x 5.5 meters
Primary Bedroom: 3.5 x 3.1 meters
Bedroom 2: 2.3 x 2.72 meters
Sunroom: 3.98 x 3.7 meters

Lower level

Utility room: 3 x 3.16 meters
Kitchen: 3.63 x 3.16 meters
Living room: 4.74 x 3.12 meters
Bedroom: 3.35 x 3.01 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, Water softener, Dishwasher, Stove, Oven, Dryer, Microwave, Window Coverings, Water Heater
Flooring: Tile, Hardwood, Laminate, Vinyl
Foundation: Block
Exterior: Brick

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

14d

Newmarket (Central Newmarket) listings, avg age

72d

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 3-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 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 $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.)$492/mo

Total monthly$4,871

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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