$658,888

$698,888For salePrice drop↓ $40,000 (6%)

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919 Caribou Valley Circle, Newmarket (Armitage) - Single Family for Sale

919 Caribou Valley Circle, Newmarket (Armitage), Ontario, L3X1W9

3 beds2 baths parking

707 Caradonna Crescent, Newmarket (Armitage), Ontario, L3X1W5

3 bd3 ba2 pk1,700 ft²+$712/mo

Listed by ROYAL LEPAGE RCR REALTY

Investment analysis

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$658,888

Newmarket

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Overview

This 3-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 1,100 sq ft of space. Its $658,888 asking price sits right in line with the $658,888 median in Newmarket.

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

Description

Attention One And All Great Townhouse In Prime Area, Walk-out Finished Basement Close To All Amenities, Property Rented For Last 4 Years To Great Tenants That Would Like To Stay- perfect For Investors. Some photos are virtually staged. Please remember that today's prices are tomorrow's profits. (id:66096)

Property Details

MLS®: N13755160
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Other
Condo Fee: $330/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,045.85/yr
Listed: 57 days ago

Rooms

Main level

Kitchen: 5 x 2.5 meters
Living room: 4 x 3 meters

Second level

Primary Bedroom: 5.5 x 4 meters
Bedroom 2: 3 x 2.5 meters
Bedroom 3: 3 x 2.8 meters

Basement

Recreational, Games room: 7 x 3 meters
Laundry room

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

57d

Newmarket (Armitage) listings, avg age

29d

Price / ft²

$599

List price

$659K

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 (L3X)

This home lists at $658,888, about 5.1× the local median household income of $129,000.

Carrying it typically needs a household income of about $128,704 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $129,000
Population: 45,284
Median age: 39.2
Owner / renter: 85% / 15%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L3X)

$658,888· $599/ft²

For sale

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Full Cost Breakdown

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Down Payment6.21% · $40,888.80

Min 6.21%50%

Mortgage payment$3,426/mo

↳ CMHC premium ($24,720 capitalized)

Property tax (est.)$254/mo

Condo fee$330/mo

Total monthly$4,010

Cash Needed to Close

Down payment (6.21%)$40,889

Land transfer tax$9,653

Est. closing costs$4,477

Total cash needed$55,019

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

919 Caribou Valley Circle, Newmarket (Armitage) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L3X)

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Full Cost Breakdown