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New2 days ago

299 Second Street

Central Newmarket, Newmarket

$2,599,000

Detached|2-Storey
4 | 5 | 7
About this home

This is where luxury, craftsmanship, and an unbeatable location come together. Overlooking the scenic beauty of Fairy Lake and just steps from Historic Downtown Newmarket, this custom home offers an exceptional lifestyle inside and out. Designed with premium finishes throughout, the home features hand-scraped hardwood flooring, elegant wainscoting, a custom staircase with wrought iron pickets, and fireplaces in both the main living area and the primary bedroom. The chef-inspired kitchen is equipped with KitchenAid appliances, a 6-burner gas cooktop, pot filler, built-in Bosch coffee maker, microwave, cooling drawers, a full-size KitchenAid refrigerator, and a stunning 10-foot island perfect for entertaining.The basement offers 9-foot ceilings and a professionally designed golf simulator, creating the ultimate year-round entertainment space. Step outside to a private backyard with direct access from the kitchen, a balcony overlooking the property, an irrigation system, and a spacious 3 car garage.Additional premium upgrades include a Navien hot water on demand system, Reverse Osmosis water filtration, LifeBreath fresh air system, and a GeneralAire humidifier for year-round comfort and efficiency.Located minutes from parks, trails, restaurants, shopping, GO Transit, Highway 404, and the charm of Main Street, this home offers the perfect blend of luxury living and everyday convenience.This is a rare opportunity to own one of Newmarket's most impressive custom homes.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$12,367
Lot Size73.38 ft x 98.01 ft
mls© NumberN13684230
Listed ByREALTY WEALTH GROUP INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,303
Property tax
$1,031
Heat allowance
$150
Housing costs
$14,483 / mo

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

Down payment20% · $519,800
25-yr amortization

Income needed

$446,000

gross annual household income

Payment at 4%
$10,937 / mo
Cash down
$519,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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