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Listed 1 month ago

304 - 400 Park Avenue

Central Newmarket, Newmarket

$929,900

Condo Apartment |
2 | 2 | 1 | 0
About this home

Stunning 2 Bedroom, 2 Bathroom Loft Condo in the Sought-After King George School House Lofts in the Heart of Historic Downtown Newmarket* Rare Opportunity to Own a Beautifully Designed 1220 Sq Ft Suite Featuring Soaring 12'8" Ceilings and Rich Hardwood Flooring Creating a Bright, Open Concept Layout Filled with Natural Light* Modern Kitchen with Upgraded Finishes, Quartz Countertops, Stainless Steel Appliances, and an Abundance of Cabinetry & Counter Space-Perfect for Everyday Living and Entertaining* Spacious Living Area with Functional Open Concept Design* Large Primary Bedroom Featuring a Walk-In Closet with Custom Organizers and a Private Ensuite Bathroom with Elegant, Upgraded Finishes* Second Bedroom Generously Sized with Great Natural Light, a Double Closet, and a Semi-Ensuite Bathroom* Both Bathrooms Beautifully Finished with Modern, Upgraded Details* Includes Covered Surface Parking Space for Added Convenience* Located in One of Newmarket's Most Desirable Neighbourhoods, Just Steps to Historic Main Street, Shops, Restaurants, Southlake Hospital, GO Train Station, Parks, and All Amenities-Perfect for Those Seeking a Vibrant and Convenient Downtown Lifestyle*

Extras

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Got questions?

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,198
LockerNone
BalconyNone
ExposureSouth East
Parking TypeCarport
Parking Spaces1
Parking FeaturesSurface, Covered
Property Tax$6,045
mls© NumberN13526144
Listed ByCENTURY 21 HERITAGE GROUP LTD.
Common Elements Included
Building Insurance Included
Parking Included

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%
$4,760
Property tax
$504
Heat allowance
$150
Condo fees, half counted
$599
Housing costs
$6,013 / mo

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

Down payment20% · $185,980
25-yr amortization

Income needed

$185,000

gross annual household income

Payment at 4%
$3,913 / mo
Cash down
$185,980

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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