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Listed 11 days ago

731 Allan Avenue

Gorham-College Manor, Newmarket

$1,397,000

Detached|Bungalow
3 | 5 | 6
About this home

Stunning Fully Renovated Family Home With City Permits In The Highly Sought-After Gorham-College Manor Community Of Newmarket! Completely Renovated From Top To Bottom With Exceptional Craftsmanship, Premium Finishes & Modern Design, This Turnkey Residence Offers The Perfect Blend Of Luxury, Comfort & Functionality. The Bright Open-Concept Main Floor Features New Hardwood Flooring Throughout, Smooth Ceilings, New Pot Lights, An Elegant Living & Dining Area With Electric Fireplace, A Designer Kitchen With Custom Cabinetry, Quartz Countertops, New Cooktop, Hood Fan, Dishwasher & Premium Finishes. The Main Level Offers Three Spacious Bedrooms, A Newly Added Powder Room, Two Beautifully Renovated 3-Piece Bathrooms & Quality Solid-Core Interior Doors Throughout. The Professionally Finished Basement Features A Self-Contained In-Law Suite With Two (2) Separate Entrance, Full Kitchen, Two Bedrooms, Two 3-Piece Bathrooms, Separate Laundry & Spacious Living Area, Offering Outstanding Flexibility For Extended Family Or Future Income Potential (Buyer To Verify Permitted Uses). Extensive Upgrades Include New Plumbing, Complete Electrical Rewiring, New HVAC Ductwork, New Hot Water Tank, Spray Foam Basement Insulation, New Exterior Wall & Attic Insulation, New Drywall Throughout, New Asphalt Shingle Roof, New Windows Where Required, Interior & Exterior Foundation Waterproofing, New Sump Pump & Groundwater Drainage System, Regraded Lot For Enhanced Drainage, New Front Interlock Walkways & Stairs, New Exterior Railings, New Landscaping, Epoxy-Coated Two-Car Garage Floor & New Exterior Doors. Ideally Located Minutes To Hwy 404, Top-Rated Schools, Parks, Shopping, Restaurants, Public Transit & Southlake Regional Health Centre. A Rare Opportunity To Own A Move-In Ready Home Renovated With Quality & Care In One Of Newmarket's Most Established & Family-Friendly Neighbourhoods. Please see attached a complete list of renovations and improvements.

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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
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,286
Lot Size55 ft x 132 ft
mls© NumberN13603528
Listed ByARDENT REAL ESTATE 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%
$7,150
Property tax
$524
Heat allowance
$150
Housing costs
$7,824 / mo

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

Down payment20% · $279,400
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,879 / mo
Cash down
$279,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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