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Woodbine-Lumsden, Toronto
$1,299,000
Welcome to 62 Newmarket Avenue, a beautifully updated two-story detached home in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. This move-in-ready residence combines modern renovations and a fully finished two-bedroom basement apartment. Pride of ownership is evident throughout this extensively upgraded property. Updates include electrical (200amp), plumbing, insulation, mechanical systems, and living spaces, delivering peace of mind and lower utility costs. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite with a separate entrance. Upgrades include quartz kitchen countertops, a laundry room, stainless steel appliances, updated ductwork, and flooring. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity combines an updated and renovated family home in one of Toronto's most livable neighbourhoods. A beautiful turnkey property!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $4,895 |
| Lot Size | 24.5 ft x 100 ft |
| mls© Number | E13851866 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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%
- $6,649
- Property tax
- $408
- Heat allowance
- $150
- Housing costs
- $7,207 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$222,000
gross annual household income
- Payment at 4%
- $5,466 / mo
- Cash down
- $259,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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