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- - 398 Rita's Avenue
Central Newmarket, Newmarket
$1,349,900
Detached|2-Storey
10 | 3 | 3 | 0
About this home
*** Additional Listing Details - Click Brochure Link *** Builder offering Brand-new, upgraded show home with a walk-out basement on a premium lot near a park in the highly sought-after Summerhill community. Located close to schools, parks, recreation centre, shopping and transit, with driveway parking for 2 vehicles. The open-concept main floor features 9' ceilings, smooth ceilings, pot lights, hardwood and tile flooring. The bright kitchen offers quartz countertops, valance lighting, a centre island and a window overlooking the rear yard. Stained oak stairs lead to the upper level and a spacious primary suite with a walk-in closet and bright ensuite featuring double sinks, quartz countertops, a bank of drawers and an oversized glass-enclosed shower. The walk-out basement provides direct access to the large rear yard. Offering 4 bedrooms, 2.5 baths and approximately 2,005 sq. ft., this home combines a great layout with an excellent location.
Extras
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $3,327 |
| mls© Number | X13688558 |
| Listed By | ROBIN HOOD REALTY LIMITED |
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%
- $6,909
- Property tax
- $277
- Heat allowance
- $150
- Housing costs
- $7,337 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $269,980
25-yr amortization
Income needed
$226,000
gross annual household income
- Payment at 4%
- $5,681 / mo
- Cash down
- $269,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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