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21 photos
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$899,000
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Central Newmarket
MLS Listing ID N13589928
Style Bungalow
Bedrooms 4
Annual Tax Amount $5,128
Tax Year 2025
Property Sub-Type Detached
Property Description
Whether you're a builder, developer, investor, or simply looking for a beautifully renovated home to enjoy, this exceptional property offers incredible flexibility and long term value. Situated on a premium 80 x 140 ft lot in the heart of downtown Newmarket, this is a rare opportunity with endless possibilities. Move in ready and extensively renovated, this home is ideal as a primary residence, income property, or future redevelopment project. The property is much larger than it appears in the photos and offers outstanding potential for a wide range of buyers. Development opportunities include rebuilding with up to 35% lot coverage, adding an additional residential unit with up to 45% lot coverage, or constructing a garden suite (subject to municipal approvals). Adding even more value, the property is not located within the LSRCA regulated area, is not in an Environmental Protection (EP) zone, not within a floodplain, and not a heritage designated property. Previously owned by a builder, the home underwent a comprehensive renovation approximately 3-4 years ago and has been meticulously maintained. Features include wide plank hardwood flooring, stone countertops, stainless steel appliances, two beautifully updated bathrooms, a durable metal roof, furnace (2023), and central air conditioning (2023). The finished basement has a separate side entrance and offers excellent in law or income potential, complete with its own kitchen, spacious living area, bedroom, office, four piece bathroom, and dedicated laundry room.Outside, you'll find a detached garage, an oversized driveway with ample parking, and a property that combines immediate enjoyment with outstanding future potential. Whether you're looking to move in, generate rental income, or capitalize on future development opportunities, this is a property that truly offers it all.
Location
Province ON
County York
Area York
Rooms
Family Room Yes
Basement Apartment, Separate Entrance, Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features None
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Metal
Lot Frontage 80.05
Lot Depth 141.41
Total Parking Spaces 5
Building
Lot Description Irregular Lot
Unit Features Fenced Yard,Hospital,Lake/Pond,Library,Park
Foundation Concrete
Others
ParcelsYN No
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Listed by WOODSVIEW REALTY INC.
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