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New2 days ago

120 Cherrywood Drive

Bristol-London, Newmarket

$839,000

Detached|Bungalow
3 | 2 | 4
About this home

Move In, Unpack And Enjoy! This beautifully renovated detached brick bungalow in Newmarket has been professionally updated from top to bottom with quality finishes and exceptional attention to detail. The open-concept main floor features a fabulous, functional kitchen with quartz countertops, abundant soft- close cabinetry, pot drawers and a generous pantry. The spacious living and dining area is highlighted by a fireplace and walkout to an expansive deck, creating the perfect setting for entertaining and everyday family living. Three generously sized bedrooms, each with closets and built-ins, and a four-piece family bathroom complete the main level. The inviting lower level offers additional versatile living space, a separate laundry room, a three-piece bathroom and an impressive built- in wet bar with ample seating - an ideal space for family gatherings and socializing. Hardwood flooring throughout, pot lights, a separate side entrance and walkout add to the home's appeal. Step outside to discover a fully fenced, private, pie- shaped lot that widens at the rear, offering an abundance of outdoor space for children to play, family fun, dining and relaxation. Ideally located close to everyday amenities, Yonge Street and Main Street, parks, schools, public transit, the GO Station, Upper Canada Mall, the library and Southlake Regional Health Centre, with convenient access to Highways 400 and 404. A turnkey family home offering stylish finishes, exceptional living space and a fantastic outdoor setting in a convenient Newmarket location!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,678
Lot Size35 ft x 119.5 ft
mls© NumberN14031028
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • 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%
$4,294
Property tax
$390
Heat allowance
$150
Housing costs
$4,834 / mo

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

Down payment20% · $167,800
25-yr amortization

Income needed

$149,000

gross annual household income

Payment at 4%
$3,531 / mo
Cash down
$167,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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