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New7 hours ago

214 Lancaster Avenue

Bristol-London, Newmarket

$1,088,000

Detached|2-Storey
3 | 3 | 5.5
About this home

Location! On a quiet crescent! Walking distance to shopping and public transit. Welcome to this well-loved three-plus-one-bedroom home on one of the premium lots in the neighbourhood. This exceptional all brick home is family-ready with a playset, trampoline and a fenced yard for the children while the parents sit under the pergola with their morning coffee overlooking the trees. The entrance is bright and open, featuring a large, convenient front hall closet. The open concept formal Living and combined Dining room is highlighted by a large bay window to the generous front yard and a large window to the private back yard. A spacious kitchen offers plenty of room in the eat-in area for family meals. Walk past the powder room to the private family room complete with woodburning fireplace and sliding door to the backyard completes the main floor layout. The upper floor features three generous bedrooms and a 5 pc family bathroom. The lower level features a recreation or play room where you can relax, an additional office, and a three-piece washroom with an adjoining sauna. The lower-level laundry room has plenty of space to hang your laundry and utilize the freezer. There are spacious storage rooms for all those extras. The garage was built as a two car garage but the current owners extended the front hall closet, reducing its size. It can be changed back to the original size. Be sure to book a showing and make this your next home.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,684
Lot Size50.18 ft x 110.07 ft
mls© NumberN13640904
Listed ByCENTURY 21 HERITAGE GROUP LTD.

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%
$5,569
Property tax
$474
Heat allowance
$150
Housing costs
$6,193 / mo

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

Down payment20% · $217,600
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,578 / mo
Cash down
$217,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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