$1,499,000

For sale

86 Hamilton Drive, Newmarket (Huron Heights-Leslie Valley) - Single Family for Sale

86 Hamilton Drive, Newmarket (Huron Heights-Leslie Valley), Ontario, L3Y3E8

5 beds2 baths8 parking1,300 ft²90 × 171 ft (15,425 sq ft) lot sizeListed 13 days ago

Overview

This 5-bedroom, 2-bathroom home in Newmarket is for sale offering roughly 1,300 sq ft of space. It has been on the market 13 days, fresher than the Newmarket average of 66 days.

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Description

Exceptional Opportunity To Own A Spacious Side-Split On A Premium 90' x 170' Lot In The Heart Of Newmarket! This Well-Maintained 3+2 Bedroom Home Is Currently Undergoing Quality Renovations And Will Feature Brand-New Flooring Throughout, Fresh Professional Paint, And A Newly Added Basement Kitchen, Creating Excellent Potential For Extended Family Or Multi-Generational Living. Bright Combined Living And Dining Room, Walk-Out From Kitchen To Deck, And A Finished Walk-Out Basement With Spacious Recreation/Family Room Overlooking A Private Backyard. Separate Ground-Level Entrance Plus Access Through The Oversized Double Garage Offers Added Flexibility. Long Driveway With Ample Parking. Conveniently Located Close To Top-Rated Schools, Parks, Shopping, Southlake Hospital, Public Transit And Hwy 404. A Rare Combination Of Large Lot, Functional Layout, Extensive Updates And Outstanding Future Potential In One Of Newmarket's Most Desirable Locations. (id:66096)

Property Details

MLS®: N14106514
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 8
Interior Size: 1,300 ft²
Lot Size: 90 × 171 ft (15,425 sq ft)
Frontage: 90 ft
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,232.62/yr
Listed: 13 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave, Hood Fan, Window Coverings
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Newmarket (Huron Heights-Leslie Valley) listings, avg age

66d

Price / ft²

$1,153

List price

$1.50M

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 5-bed single family in Newmarket (Huron Heights-Leslie Valley) has been listed for 13 days, which is 53 days fresher than the city average of 66. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · MURRAY GOLDKIND

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $1,499,000, about 16.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 215% 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)

$1,499,000· $1,153/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$519/mo

Total monthly$8,138

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$26,455

Est. closing costs$6,997

Total cash needed$158,352

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