$699,900

For sale

#106 543 Timothy Street, Newmarket (Central Newmarket) - Single Family for Sale

#106 543 Timothy Street, Newmarket (Central Newmarket), Ontario, L3Y1R1

2 beds2 baths2 parking1,100 ft²$1,634/mo condo feeListed 38 days ago

Overview

This 2-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 1,100 sq ft of space. It has been on the market 38 days, fresher than the Newmarket average of 70 days.

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Description

Timothy St Loft's Redesigned by Aspen & Ivy where Modern Charm Meets Urban Luxury! This Large 2 Bedroom Unit boasts Incredible Western, Ravine & City Views! Soaring 13'+ Ceilings with exposed Beams and Mechanicals for a Bright Trendy Vibe. Welcome to Unit 106 - A private, main floor & corner unit - Units like this one rarely come available! Two (2) Parking Spots & Locker are included. Condo Fees Include All Utilities (Water, Gas, Hydro) + Cable/ Fiber Optic Internet! Open Concept Floor Plan with approx 1,025 Square Feet of Luxury Living Space. Modern Eat-In Kitchen with Stainless Steel Appliances, Breakfast Bar & Quartz Counters. Spacious Primary Bedroom with Huge Walk In Closet & En Suite bath. Second Bedroom also has a Walk In Closet. Modern Laminate Flooring, Fresh Paint & Updated Light Fixtures Throughout. NEW Custom Window Coverings with Remote/ Power Shades in the Living Room. Barn Door Features. Ample Storage. Soak in the sunsets & tons of natural light! Located In the heart of Downtown Newmarket W/ Convenient Access To All Amenities Just Steps Away Including The Tom Taylor Trail, Fairy Lake, Main Street Newmarket Shops, Restaurants & So Much More! Walk to Go Train & Hospital. Amenities Include: Gym, Theatre Room, Terrace On The 2nd Floor W/Bbq's, Party Room, Lounge Area. (id:66096)

Property Details

MLS®: N13838682
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Radiant heat, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,634/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,513.1/yr
Listed: 38 days ago

Rooms

Main level

Living room: 5.92 x 4.28 meters
Primary Bedroom: 5.14 x 3.98 meters
Bedroom 2: 3.85 x 4.24 meters
Kitchen: 3.88 x 4.28 meters

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

Features

Appliances: Window Coverings
Flooring: Laminate
Foundation: Unknown
Exterior: Brick
Lot Features: Flat site, Lighting, Level, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Newmarket (Central Newmarket) listings, avg age

70d

Price / ft²

$637

List price

$700K

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 38 days, which is 32 days fresher than the city average of 70. Act while there is still low competition.

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Listed by RE/MAX HALLMARK CHAY REALTY · CURTIS GODDARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $699,900, about 7.5× the local median household income of $93,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 47% 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)

$699,900· $637/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$293/mo

Condo fee$1,634/mo

Total monthly$5,558

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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