$499,900

For sale

#1011 40 William Roe Boulevard, Newmarket (Central Newmarket) - Single Family for Sale

#1011 40 William Roe Boulevard, Newmarket (Central Newmarket), Ontario, L3Y5N4

2 beds1 bath1 parking950 ft²$540/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 1-bathroom condo in Newmarket is for sale offering roughly 950 sq ft of space. Listed at $499,900, it is attractively priced about 15% below the $590,000 median asking price in Newmarket. It has been on the market 20 days, fresher than the Newmarket average of 72 days.

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Description

High demand building * Spacious 2 bedroom and bath 'The Janice' model * LR and DR open concept * Updated features include engineered hardwood floors and all unit doors * Updated white kitchen with built-in pantry * SS fridge, SS stove, and SS microwave * Walkout to a large west-facing balcony * Updated bathroom * Ensuite laundry and storage room + locker in basement * Underground parking * Accessible building with party, exercise, and billiard rooms, library, workshop, and lots of guest parking * Lovely gardens and gazebo * Low maintenance fees * Well run building in convenient location! (id:66096)

Property Details

MLS®: N14083216
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Heat Pump, Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $540/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,069.61/yr
Listed: 20 days ago

Rooms

Flat

Living room: 5.1 x 4.2 meters
Dining room
Kitchen: 2.91 x 2.15 meters
Primary Bedroom: 4.37 x 3.11 meters
Bedroom 2: 3.65 x 2.88 meters
Laundry room: 2.6 x 2.88 meters
Other

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Window Coverings, Garage door opener remote(s)
Flooring: Hardwood, Ceramic
Exterior: Concrete, Brick
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Newmarket (Central Newmarket) listings, avg age

72d

Price / ft²

$526

List price

$500K

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 20 days, which is 52 days fresher than the city average of 72. Act while there is still low competition.

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Listed by ROYAL LEPAGE RCR REALTY · BEVERLEY VARCOE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $499,900, about 5.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 5% 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)

$499,900· $526/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$256/mo

Condo fee$540/mo

Total monthly$3,429

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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