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Listed 27 days ago

1040 Birchwood Drive

Gorham-College Manor, Newmarket

$1,198,000

Detached|2-Storey
4 | 3 | 6
About this home

Beautifully updated inside and out, this spacious 4-bedroom detached home sits on an impressive 52 x 131 ft lot in Newmarket's established Gorham-College Manor community. With over $150,000 in upgrades, the home offers exceptional space, comfort and versatility for everyday family living and entertaining. Inside, you'll find generous principal rooms, an updated kitchen, four well-sized bedrooms and a newly finished basement providing additional flexible living space. Outside, professionally landscaped front and rear gardens, extensive interlock, a sprinkler system and a private backyard create an inviting retreat for summer evenings, entertaining and family life. Smart-home features, updated doors, appliances, insulation and numerous additional improvements make this home truly move-in ready.Just 5 minutes from Historic Main Street Newmarket, enjoy incredible restaurants, buzzing patios, craft breweries, boutiques, live music, festivals and year-round events at Riverwalk Commons. Newmarket GO, Hwy 404, Upper Canada Mall, Costco, parks, schools and everyday amenities are all just minutes away.A rare opportunity to enjoy an exceptional lot, a move-in-ready home and the charm of an established family neighbourhood-all within minutes of the best of Newmaket.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,772
Lot Size52.29 ft x 131.24 ft
mls© NumberN13638320
Listed ByCENTURY 21 ATRIA REALTY 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%
$6,132
Property tax
$481
Heat allowance
$150
Housing costs
$6,763 / mo

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

Down payment20% · $239,600
25-yr amortization

Income needed

$208,000

gross annual household income

Payment at 4%
$5,041 / mo
Cash down
$239,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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