184 Prospect Street
Central Newmarket, Newmarket
$878,000
Absolutely Stunning Solid Brick Fully Renovated Bungalow Situated On A Premium 50-Ft Frontage In Prime Central Newmarket. Rare Opportunity To Own A Beautifully Updated Detached Home Within Walking Distance To Southlake Regional Health Centre, Historic Main Street Shops & Restaurants, And The GO Train Station. This Exceptional Bungalow Offers Outstanding Value, Featuring Brand-New Laminate Flooring Throughout The Main Floor, Brand-New Appliances, 9-Ft Ceilings, And Elegant 8-Inch Baseboards. Situated On A Generous 50-Ft Lot With A Spacious Backyard Backing Onto Timothy Street Lofts. Ideal For First-Time Buyers, Downsizers, Investors, Or Professionals Seeking A Convenient Home Office (Buyer To Verify Permitted Uses). Enjoy The Perfect Combination Of Modern Upgrades, A Prime Location, And Excellent Investment Potential In The Heart Of Newmarket.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,145 |
| Lot Size | 50 ft x 115 ft |
| mls© Number | N13575006 |
| Listed By | HOMELIFE NEW WORLD 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%
- $4,494
- Property tax
- $345
- Heat allowance
- $150
- Housing costs
- $4,989 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$154,000
gross annual household income
- Payment at 4%
- $3,695 / mo
- Cash down
- $175,600
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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