Unknown for 285 Lorne Ave, Newmarket Ontario L3Y 4K6
Reel thumbnail
1 day on Market

285 Lorne Ave, Newmarket, Ontario L3Y 4K6

Townhouse
4 + 1
2
~1500-2000 sqft
$799,000
Get pre-qualifiedPowered by Neo Mortgage
Buy with Wahi to get
Up to
$7,990Cashback
Townhouse
4 + 1
2
~1500-2000 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$466/sqft

Est. Mortgage$3,431/mo

Tax Amount (2024)$3,289/yr

Days On Market1 day


Description

A rare opportunity to own a fully renovated 4+1 freehold townhouse with no management fees! This spacious and well-lit home features a comfortable living and dining area, a thoughtfully designed layout that maximizes space, and brand-new kitchen cabinets. The property includes a separate walk-out basement apartment, providing an excellent opportunity for rental income or multi-generational living. With dual rental potential, this home offers a rare positive cash flow opportunity, generating over $4,000 rent per month. Recent upgrades include fresh paint, new laminate flooring, kitchen cabinets and updates to the furnace(2018), and insulation(2019), ensuring a worry-free move-in experience. The private driveway accommodates up to four vehicles, adding to the parking convenience. Located in a prime area just steps from Main Street and Fairy Lake, this home offers easy access to restaurants, shops, parks, top-rated schools, hospitals, and shopping centers. Don't miss out on this incredible investment and lifestyle opportunity. Move in and start enjoying everything this home has to offer!


Upcoming Open Houses

Apr 5Sat2:00 PM - 4:00 PM
Apr 6Sun2:00 PM - 4:00 PM

Property Details

Style3-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size2,168 SqFt(92.38 x 23.47)
Parking Spaces4
MLS ®NumberN12060695
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byHOMELIFE NEW WORLD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fin W/O, Sep Entrance

Main Floor

Living

3.88 x 3.68

Laminate / W/O To Deck

Dining

3.32 x 2.95

Laminate / Open Concept

Kitchen

3.02 x 2.26

Quartz Counter / Stainless Steel Appl / Breakfast Bar


Features

Lot size: 2,168 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Apr 3, 2025
ListedActive
$799,000
1 day on market
history photo preview19
Listing by trreb®
Property listed by HOMELIFE NEW WORLD REALTY INC., Brokerage

Get up to 1% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 1% cashback on the purchase of your home

Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
50 to 64
23%
35 to 49
21%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

Schools and amenities

Estimated Budget