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Listed 3 months ago

856 Magnolia Avenue

Huron Heights-Leslie Valley, Newmarket

$899,000

Detached|2-Storey
3 | 3 | 4
About this home

Welcome to this lovingly maintained 4-bedroom (3 on the second level and 1 on lower level), 3-bathroom home offering generous living space, timeless comfort, and exceptional versatility for growing or multi-generational families. Proudly cared for over the years, this home showcases true pride of ownership throughout and presents a wonderful opportunity to move in and personalize at your own pace. The bright and spacious main level features a sun-filled living room ideal for everyday living and entertaining, while a separate family room provides an additional cozy retreat for movie nights, gatherings, or quiet evenings at home. The functional eat-in kitchen offers ample cabinetry, plenty of workspace, and room for a family-sized table, creating a warm and welcoming heart of the home. While the interior reflects a more traditional style, the home has been exceptionally maintained and offers a solid foundation for future updates. A standout feature is the main floor family room was being used as a bedroom, complete with a convenient 3-piece ensuite featuring a roll-in shower, ideal for extended family, guests, or accessible main-floor living needs. The finished basement adds valuable additional living space perfect for a recreation room, home office, hobby area, or playroom, along with a full bathroom and excellent storage options. With spacious bedrooms and 3 full bathrooms, this home offers flexibility, comfort, and room to grow. Situated in a quiet family-friendly neighbourhood, this is a fantastic opportunity to enjoy a well-cared-for home with endless potential to make it your own.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,681
Lot Size50.01 ft x 150.29 ft
mls© NumberN13135188
Listed ByROYAL LEPAGE RCR REALTY

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%
$4,601
Property tax
$390
Heat allowance
$150
Housing costs
$5,142 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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