$799,000

For sale

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#35 642 Tapestry Lane, Newmarket (Stonehaven-Wyndham) - Single Family for Sale

#35 642 Tapestry Lane, Newmarket (Stonehaven-Wyndham), Ontario, L3X3C8

3 beds4 baths2 parking ft²

710 Wendy Culbert Crescent, Newmarket (Stonehaven-Wyndham), Ontario, L3X0A4

3 bd4 ba2 pk1,500 ft²+$313/mo

Listed by RE/MAX HALLMARK REALTY LTD.

#11 520 Silken Laumann Drive, Newmarket (Stonehaven-Wyndham), Ontario, L3X2S7

For sale

40 days ago

$775K

#11 520 Silken Laumann Drive, Newmarket (Stonehaven-Wyndham), Ontario, L3X2S7

3 bd2 ba2 pk1,700 ft²+$575/mo

Listed by ROYAL LEPAGE RCR REALTY

#17 520 Silken Laumann Drive, Newmarket (Stonehaven-Wyndham), Ontario, L3X2S7

For sale

69 days ago

$690K

#17 520 Silken Laumann Drive, Newmarket (Stonehaven-Wyndham), Ontario, L3X2S7

2 bd2 ba2 pk1,700 ft²+$575/mo

Listed by REMAX YOUR COMMUNITY REALTY

Investment analysis

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$799,000

Newmarket

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Overview

This 3-bedroom, 4-bathroom condo in Newmarket is for sale offering roughly 1,900 sq ft of space. Its $799,000 asking price sits right in line with the $799,000 median in Newmarket. It has been on the market 14 days, fresher than the Newmarket average of 55 days.

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

Description

Bright & beautiful semi-detached condo located in the very popular and exclusive enclave of upper Stonehaven. Hardwood floors, vaulted ceilings, east facing private backyard views into nature. Finished basement with walk-out to beautiful backyard forest views. Ground level laundry room provides direct access to the garage. Lots of storage. Close proximity to amenities, but private ands secluded. Excellent location. 4 washrooms. Come see why this is such a popular community. (id:66096)

Property Details

MLS®: N14105228
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,900 ft²
Storeys: 1
Basement: Finished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Condo Fee: $527/mo
Ownership: Condo/Strata
Property Tax: $4,610/yr
Listed: 14 days ago

Rooms

Main level

Foyer: 1.8 x 24 meters
Dining room: 3.47 x 4.31 meters
Kitchen: 3.69 x 4.03 meters
Living room: 3.69 x 4.42 meters
Primary Bedroom: 3.37 x 5.48 meters

Second level

Bedroom 2: 3.26 x 3 meters
Family room: 3.79 x 4.66 meters

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

14d

Newmarket (Stonehaven-Wyndham) listings, avg age

55d

Price / ft²

$421

List price

$799K

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 $799,000, about 6.2× the local median household income of $129,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 21% above 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)

$799,000· $421/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$384/mo

Condo fee$527/mo

Total monthly$5,037

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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

#35 642 Tapestry Lane, Newmarket (Stonehaven-Wyndham) - Single Family for Sale

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Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L3X)

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