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Listed 9 days ago

865 Arnold Crescent

Gorham-College Manor, Newmarket

$1,090,000

Detached|2-Storey
4 | 4 | 6
About this home

Just Relisted at an Attractive New Price! Welcome Home! This Fantastic Updated 4 + 2 Bedroom, 2 Kitchen Family Home In Mature Newmarket Neighbourhood! Warm, Cozy, Well Maintained Home With Hardwood Floors, Granite, Pots, Crown & More. Combined Living and Dining Room Features a Walk-Out To Deck overlooking Fully Fenced Private Backyard. Inviting Family Room With Beautifully Stoned Wood burning Natural Fireplace. Generously Sized Bedrooms with Closet Organizers Including Primary Bedroom With Walk-In Closet & Renovated 3 Piece Ensuite. Other Finishes & Features Include Fully Finished Basement With 2 Bedrooms, Additional Kitchen, 3 Piece Bathroom, Separate Laundry and Separate Walk-out Entrance for Multi-Generational Living, Extended Families, Income Potential, In-Law Suite Potential & More! The Separate Laundry Upstairs can be left and/or Converted back to Main Floor Pantry. Convenient 2nd Floor & Basement Laundry. Great Curb Appeal With Extensive Landscaping & Mature Trees, Driveway parking for 4 cars & No Sidewalk. Gas BBQ hookup. Just Steps to Parks, Trails, Shopping, Excellent Schools, Hospital, Downtown Newmarket, Transit & Close To All Amenities, 400, 404 & More. Start your next chapter with a perfect blend of space, comfort & versatility for growing families at every stage of life.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,606
Lot Size50.03 ft x 110.07 ft
mls© NumberN13658958
Listed ByRE/MAX HALLMARK REALTY 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%
$5,579
Property tax
$467
Heat allowance
$150
Housing costs
$6,196 / mo

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

Down payment20% · $218,000
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,587 / mo
Cash down
$218,000

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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