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443 Timothy Street
homes for sale · Newmarket · Central Newmarket
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$2,950,000

443 Timothy Street

Central Newmarket, Newmarket · MLS® N13523576

15

10,086 sq ft · House · Multi-family · 112 days on market

listed by OKSANA RAMONA STEIN, REMAX YOUR COMMUNITY REALTY

realtor's description

Rare offering for investors, for those looking to retire with an income, and for families. This 7 1/2 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground picture windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces.

property details

type
House, Multi-family
living area
10,086 sq ft
parking
15
property tax
$12,599 / yr
days on market
112
MLS®
N13523576

features

  • Irregular lot size
  • Washer
  • Dryer
  • Window Coverings

monthly cost

$13,903/mo
Mortgage $12,853 · Tax $1,050

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$12,853/ monthly
loan $2,360,000
25-year amortization
total interest
$1,495,860
cash to close
$590,000
down payment; transfer tax and fees not included
total paid
$3,855,860

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Central Newmarket, NewmarketGoogle Maps ↗

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listed by
OKSANA RAMONA STEIN
REMAX YOUR COMMUNITY REALTY
call OKSANA · 416-997-2500
Powered by: REALTOR.ca

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location

Central Newmarket, NewmarketGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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