609 Pearson Street
Gorham-College Manor, Newmarket
$588,800
This Charming Detached Home Nestled In One of Newmarket's Established, Family-Friendly Neighbourhoods, Updated Modern Light Fixtures, Private Backyard Surrounded by Mature Tree, Freshly Painted Upper Level. Ideally Located Just Minutes From Upper Canada Mall, Southlake Regional Health Centre, Parks, Schools, Public Transit, GO Station, And Highway 404, Exceptional Convenience For Commuters And Families Alike. Furnance 2022, Upgraded 200Amp, Roof 2017
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 100+ |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,084 |
| Lot Size | 40 ft x 98 ft |
| mls© Number | N13627236 |
| Listed By | CENTURY 21 ATRIA 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%
- $3,014
- Property tax
- $340
- Heat allowance
- $150
- Housing costs
- $3,504 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,478 / mo
- Cash down
- $117,760
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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