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Price Change$1,319,000

62 Newmarket Avenue

Woodbine-Lumsden, Toronto

$1,299,000

Detached|2-Storey
3 | 3 | 0
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,895
Lot Size24.5 ft x 100 ft
mls© NumberE13851866
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

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  • No recent lease history for this listing.

Schools

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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.

Down payment20% · $259,800
25-yr amortization

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 check

Investment Analysis

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