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Armitage, Newmarket
$990,000
A Great Opportunity for Investors, End Users, Contractors! Welcome to this well maintained detached corner home, proudly offered by its original owners! The home features a unique castle-inspired exterior, a walkout basement, a side entrance, a backyard dec, 4 bedrooms, 3 bath, 2 car garage, and 1 impressive location. The primary bedroom is the complete package with a 5 pc ensuite, his/her closets, and a charming bay window. The basement is partially complete allowing you to chose all finishes. Lovingly cared for over the years, this home is situated in a family-friendly neighborhood, close to schools, retail, restaurant's, Mandarin, HWT 400, and walking distance to the New Mulock Park. With every day amenities and public transportation nearby, this home with its character, functionality, and an excellent Newmarket location-is ready to welcome its next family. HOME IS BEING SOLD 'As Is" condition.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,038 |
| Lot Size | 96.52 ft x 65.25 ft |
| mls© Number | N13864082 |
| Listed By | RE/MAX PREMIER THE OP TEAM |
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%
- $5,067
- Property tax
- $503
- Heat allowance
- $150
- Housing costs
- $5,720 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,166 / mo
- Cash down
- $198,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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