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Listed 26 days ago

388 Eagle Street

Central Newmarket, Newmarket

$1,150,000

Detached|Bungalow
2 | 2 | 5
About this home

Rarely Offered Premium 80' X 140' In town Lot, Detached Home Located In Heart Of Central Newmarket. This Spacious Detached Bungalow Is Steps Away From Downtown/Fairy Lake And Sits On A Generous Sized Lot! Has Been Designed For Multiple Units With A Separate Basement Entrance! Beautiful Engineered Hardwood Plank Floors Throughout Main Level. Custom Kitchen With Quartz Counters And Backsplash plus a Undermount Farmers Sink. Fantastic Primary Bedroom Ensuite With Stand Up Shower. South View Dining Rm Lookout To Huge Backyard. 2+2 Great Size Bdrm, 2 Full Bthrm, 1+1 Kitchens W/ Large Window, Quartz Counter Tops & Backsplash. Lower Level Features An Oversized Lower Primary Room and a Custom Ensuite Bath And Bright Above Grade Windows! Outstanding Dream Lot With Incredible Development Potential. Wrap Around Rear Deck Provides Privacy To Overlook The Beautiful Backyard With Mature Trees. Single Car Grg+4-Car Driveway. Huge Backyard. A Quick Walk Takes You Downtown To Enjoy The Shops And Restaurants. Close Proximity To Many Walking And Or Bike Trails Around Nearby Fairy Lake. Close to Main Street Shopping & Restaurants, Go Train Station & Public Transit, Gorman Pool, Fairy Lake Park & other great amenities/services, Downtown Newmarket is an idyllic location for those with an active lifestyle to call home. Located Just Steps From Historic Main Street Newmarket, Hospitals, Top-Rated Schools, Southlake Regional Health Centre, Upper Canada Mall, & Major Highways (404 & 400). Combines Walkability, Transit Convenience, And Long-Term Growth Potential. Whether You Enjoy Playing Golf, Shopping, or Visiting Local Restaurants, There's Something To Find For Everyone. Investment Property Situated In The Much Sought-After Heart Of Newmarket.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,269
Lot Size80 ft x 140 ft
mls© NumberN13831652
Listed ByRE/MAX Jazz INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,886
Property tax
$439
Heat allowance
$150
Housing costs
$6,475 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $230,000
25-yr amortization

Income needed

$199,000

gross annual household income

Payment at 4%
$4,839 / mo
Cash down
$230,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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