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Listed 9 days ago

261 Carol Avenue

Central Newmarket, Newmarket

$1,076,000

Detached|Bungalow
2 | 2 | 5
About this home

Own this charming 2+1-bedroom bungalow situated on a premium oversized 75 x 100 ft. lot in the heart of Central Newmarket! Offering approximately 1,317 sqft. of living space, a built-in garage & parking for five vehicles. A double-door entrance welcomes you into a warm, inviting interior featuring hardwood flooring throughout most of the main level, complemented by coordinating laminate in the hallway & kitchen. The standout cottage-style family room showcases a dramatic vaulted beam ceiling, floor-to-ceiling stone wood-burning fireplace & walkout to an oversized deck overlooking the large, private backyard-perfect for outdoor entertaining. The spacious living & dining areas feature crown moulding & large windows, with the living room offering a second entrance & decorative marble fireplace in as-is condition. The well-equipped kitchen provides abundant cabinetry, ceramic backsplash, stainless steel appliances, built-in countertop range & oven. Both main-floor bedrooms feature large windows & generous closets. The fully finished basement was extensively renovated with new stone-style vinyl flooring, new drywall ceiling, fresh paint, updated electrical wiring, pot lights throughout, new washer & dryer, relocated water heater plumbing & new owned 60-litre Rheem water heater. With a separate entrance, spacious recreation area, bedroom connected to an office with above-grade windows, 3-piece bathroom & an additional bathroom rough-in, the lower level offers excellent in-law or potential income-suite possibilities. Ideally positioned near Yonge Street & everyday conveniences, the home is close to Wesley Brooks Conservation Area, Fairy Lake, Haskett Park & Ray Twinney Recreation Complex, along with Rogers Public School, St. Paul Catholic School, Clearmeadow Public School, Crossland Public School & more. Enjoy quick access to Upper Canada Mall, SilverCity Newmarket, Southlake Hospital, Newmarket GO Station, YRT/Viva Transit & Highway 404 for convenient GTA commuting.

Extras

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,285
Lot Size75 ft x 100 ft
mls© NumberN13656550
Listed BySUTTON GROUP-ADMIRAL REALTY INC.

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%
$5,507
Property tax
$440
Heat allowance
$150
Housing costs
$6,098 / mo

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

Down payment20% · $215,200
25-yr amortization

Income needed

$188,000

gross annual household income

Payment at 4%
$4,528 / mo
Cash down
$215,200

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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