285 LORNE AVENUE, Newmarket (Central Newmarket), Ontario, CA

Address: 285 LORNE AVENUE, Newmarket (Central Newmarket), Ontario

5 Beds2 Baths1500 sqftStatus: Buy
Price $699,000

Property Overview


A rare opportunity to own a fully renovated 4+1 freehold townhouse with no management fees! This spacious and well-lit home features a comfortable living and dining area, a thoughtfully designed layout that maximizes space, and brand-new kitchen cabinets. The property includes a separate walk-out basement apartment, providing an excellent opportunity for rental income or multi-generational living. With dual rental potential, this home offers a rare positive cash flow opportunity, generating over $4,000 rent per month. Recent upgrades include fresh paint, new laminate flooring, kitchen cabinets and updates to the furnace(2018), and insulation(2019), ensuring a worry-free move-in experience. The private driveway accommodates up to four vehicles, adding to the parking convenience. Located in a prime area just steps from Main Street and Fairy Lake, this home offers easy access to restaurants, shops, parks, top-rated schools, hospitals, and shopping centers. Don't miss out on this incredible investment and lifestyle opportunity. Move in and start enjoying everything this home has to offer! (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
Row / Townhouse
Storeys
3
Square Footage
1500 - 2000 sqft
Community Name
Central Newmarket
Title
Freehold
Land Size
23.5 x 92.4 FT
Parking Type
No Garage
Building
Bedrooms
Above Grade
4
Below Grade
1
Bathrooms
Total
5
Interior Features
Appliances Included
Range
Flooring
Laminate
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Features
Carpet Free
Style
Attached
Square Footage
1500 - 2000 sqft
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Parking Type
No Garage
Total Parking Spaces
4
Level Rooms Dimensions
Third level Bedroom 3.88 m x 3.84 m
Bedroom 2 2.95 m x 2.57 m
Basement Kitchen 4.27 m x 3.35 m
Lower level Bedroom 3 3.68 m x 3.53 m
Main level Living room 3.88 m x 3.68 m
Dining room 3.32 m x 2.95 m
Kitchen 3.02 m x 2.26 m
Ground level Foyer 2 m x 1.42 m
Bedroom 4 3.02 m x 3.02 m
Great room 3.02 m x 2.92 m
In between Family room 3.68 m x 3.53 m

Features
           Carpet Free            No Garage            Range
           Separate entrance            Central air conditioning
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Your Home Finance Calculation

Property Price CA $699,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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