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Listed 25 days ago

1000 Elgin Street

Huron Heights-Leslie Valley, Newmarket

$888,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Welcome to 1000 Elgin Street, Newmarket - a beautiful starter home or investment property with great rental potential set on a premium lot in a highly sought-after location. Nestled on an impressive 181-foot deep lot backing onto lush green space and a serene ravine, this charming property offers privacy, natural views, and the perfect backdrop for family living. Situated in a quiet, established neighborhood lined with mature trees, you'll appreciate the peaceful atmosphere and strong sense of community. Key Features: Expansive 181-foot deep lot with no rear neighbors -Walkout basement with rough-ins - ideal for an in-law suite. Perfect for first-time buyers or growing families. Enjoy unmatched convenience just steps from parks, schools, plazas, and public transit. You're also minutes from Southlake Regional Health Centre, Highway 404, and the Newmarket GO Station for easy commuting. Within walking distance, you'll find a wide range of everyday amenities including shops, restaurants, banks, a walk-in clinic, dental office, and optometrist - plus a gas station just up the street. An exciting new Costco is also coming soon to the area, adding even more value and convenience. Don't miss this exceptional opportunity to own a home in a thriving, family-friendly neighborhood.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$6,346
Lot Size66 ft x 181 ft
mls© NumberN13649912
Listed ByRE/MAX METROPOLIS REALTY

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%
$4,545
Property tax
$529
Heat allowance
$150
Housing costs
$5,224 / mo

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

Down payment20% · $177,600
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,737 / mo
Cash down
$177,600

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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