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$849,900

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#304 400 Park Avenue, Newmarket (Central Newmarket) - Single Family for Sale

#304 400 Park Avenue, Newmarket (Central Newmarket), Ontario, L3Y1V8

2 beds2 baths1 parking1,300 ft²$1,198/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 1,300 sq ft of space. It has been on the market 21 days, fresher than the Newmarket average of 70 days.

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

Description

Stunning 2 Bedroom, 2 Bathroom Loft Condo in the Sought-After King George School House Lofts in the Heart of Historic Downtown Newmarket* Rare Opportunity to Own a Beautifully Designed 1220 Sq Ft Suite Featuring Soaring 12'8" Ceilings and Rich Hardwood Flooring Creating a Bright, Open Concept Layout Filled with Natural Light* Modern Kitchen with Upgraded Finishes, Quartz Countertops, Stainless Steel Appliances, and an Abundance of Cabinetry & Counter Space-Perfect for Everyday Living and Entertaining* Spacious Living Area with Functional Open Concept Design* Large Primary Bedroom Featuring a Walk-In Closet with Custom Organizers and a Private Ensuite Bathroom with Elegant, Upgraded Finishes* Second Bedroom Generously Sized with Great Natural Light, a Double Closet, and a Semi-Ensuite Bathroom* Both Bathrooms Beautifully Finished with Modern, Upgraded Details* Includes Covered Surface Parking Space for Added Convenience* Located in One of Newmarket's Most Desirable Neighbourhoods, Just Steps to Historic Main Street, Shops, Restaurants, Southlake Hospital, GO Train Station, Parks, and All Amenities-Perfect for Those Seeking a Vibrant and Convenient Downtown Lifestyle* (id:66096)

Property Details

MLS®: N14082290
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport, Covered
Condo Fee: $1,198/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,045.38/yr
Listed: 21 days ago

Rooms

Main level

Living room: 4.36 x 3.25 meters
Dining room: 4.98 x 2.07 meters
Kitchen: 4.85 x 2.71 meters
Primary Bedroom: 3.27 x 2.59 meters
Bedroom 2: 3.7 x 2.55 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 softener, Dishwasher, Range, Oven, Dryer, Microwave, Oven - Built-In, Hood Fan, Window Coverings, Water Heater - Tankless, Water Heater
Flooring: Hardwood
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Newmarket (Central Newmarket) listings, avg age

70d

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 2-bed single family in Newmarket (Central Newmarket) has been listed for 21 days, which is 49 days fresher than the city average of 70. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · ANNA SHIRAZI

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.)$504/mo

Condo fee$1,198/mo

Total monthly$6,082

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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Open house

#304 400 Park Avenue, Newmarket (Central Newmarket) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L3Y)

Book a showing

Full Cost Breakdown