Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 14 days ago

388 Eagle Street

Central Newmarket, Newmarket

$899,000

Detached|Bungalow
2 | 2 | 5
About this home

Whether you're a builder, developer, investor, or simply looking for a beautifully renovated home to enjoy, this exceptional property offers incredible flexibility and long term value. Situated on a premium 80 x 140 ft lot in the heart of downtown Newmarket, this is a rare opportunity with endless possibilities. Move in ready and extensively renovated, this home is ideal as a primary residence, income property, or future redevelopment project. The property is much larger than it appears in the photos and offers outstanding potential for a wide range of buyers. Development opportunities include rebuilding with up to 35% lot coverage, adding an additional residential unit with up to 45% lot coverage, or constructing a garden suite (subject to municipal approvals). Adding even more value, the property is not located within the LSRCA regulated area, is not in an Environmental Protection (EP) zone, not within a floodplain, and not a heritage designated property. Previously owned by a builder, the home underwent a comprehensive renovation approximately 3-4 years ago and has been meticulously maintained. Features include wide plank hardwood flooring, stone countertops, stainless steel appliances, two beautifully updated bathrooms, a durable metal roof, furnace (2023), and central air conditioning (2023). The finished basement has a separate side entrance and offers excellent in law or income potential, complete with its own kitchen, spacious living area, bedroom, office, four piece bathroom, and dedicated laundry room.Outside, you'll find a detached garage, an oversized driveway with ample parking, and a property that combines immediate enjoyment with outstanding future potential. Whether you're looking to move in, generate rental income, or capitalize on future development opportunities, this is a property that truly offers it all.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,128
Lot Size80.05 ft x 141.41 ft
mls© NumberN13589928
Listed ByWOODSVIEW 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%
$4,601
Property tax
$427
Heat allowance
$150
Housing costs
$5,179 / mo

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

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

Income needed

$159,000

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

Nearby listings

Comparable sales

  • No similar listings found.