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Off-market opportunityPosted 4 days ago

4-Bedroom Detached Home for Sale in Newmarket | 2,800 Sq. Ft.

779 McLaren Street, Newmarket, ON, L3Y 3H3

Asking Price

$1,370,000

4

Beds

4

Baths

2,800

Sq ft

Detached

Type

Not publicly listed. Surfaced by PrivateDeals from off-market and pre-market activity.

About this property

4-Bedroom Detached Home for Sale in Newmarket | 2,800 Sq. Ft.<br><br>Welcome To This Show-Stopping Approx. 2,800 Sq Ft, 4-Bed, 4-Bath Detached Home, ThoughtfullyUpgraded With Style & Function In MindSoaring 9' Main-Floor Ceilings, 8' Doors, Hardwood & PotLights Create An Impressive FlowCustom Kitchen Features Granite Counters, Oversized WaterfallIsland, Matching Backsplash, Built-In SS Appliances, Soft-Close Cabinetry & Under-CabinetLighting *Custom Bar With Fridge & Sink *Stunning Family Room With Gas Fireplace, Cast-StoneMantle, Waffle Ceiling & Illuminated NichesPrimary Ensuite Oasis With Glass Shower & Freestanding Tub *Every Bedroom Enjoys Direct Ensuite Access, Including Jack & Jill Bath *2ndFloor Laundry *Walk-Out Basement With Partially Finished Areas *Major 2022 Updates Include AtticInsulation, PEX Plumbing Rough-Ins, HWT, HRV, Appliances, Flooring, Stairs, Railings, Trim & Doors 2023 Backyard Interlock 2025 DishwasherApprox. Updates: Vinyl Windows 2011, Roof 2017 &Water Softener 2021.<br><br><p><b>Contact Robert Kennedy</b></p>

Opportunity analysis

Opportunity score

4.5 / 10

Recommended strategy

Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Square feet

2,800 sq ft

Basement

Walk-out partially finished

Business case

Strengths

  • Custom kitchen with granite and waterfall island
  • High-end finishes throughout including hardwood floors and 9' ceilings
  • Walk-out partially finished basement

Opportunities

  • Major updates completed in 2022-2023, potential for further upgrades

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$7,341

Down payment

$274,000

Mortgage amount

$1,096,000

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $274,000 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$8,711/mo

Mortgage (P+I)

−$7,341

Property tax

−$1,370

Asking Price

$1,370,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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