77 days on market
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$849,000
For Sale

285 Lorne Ave

Central Newmarket, Newmarket

4+1 Bed|2+1 Bath|Yes|77 days on market

$849,000

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Home Details

Taxes
$275 / month
Total Parking Spots
4
Driveway
Private
Garage Spaces
NaN
Furnished
No
Lot Size
23.47 x 92.38 Feet
Move-in Date
TBD
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
2
Family Room
Yes
Basement
Fin W/O, Sep Entrance
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Alum Siding, Brick
Sewer
Sewers
Property Type
Att/Row/Twnhouse
Style
3-Storey
Status
New
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Listing Description

Priced To Sell!!! Motivated Seller!!! 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!
S/S Kitchen Appliance In Main Floor: Fridge, Stove, Dishwasher. Basement Fridge, Stove. Washer & Dryer. Water Softener. All Lighting Fixtures.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Apr 3, 202556$880,000N/ATerminatedN12060695
Dec 7, 202377$2,880N/ASuspendedN7346406
Sep 29, 2023109$839,000N/ATerminatedN7045194
Oct 12, 201911$479,900$473,000SoldN4606287

Rooms

Room dimensions for 285 Lorne Ave, Newmarket
Living
13 x 12156 sqft
Dining
11 x 10110 sqft
Kitchen
10 x 770 sqft
Family
12 x 12144 sqft
Br
13 x 13169 sqft
2nd Br
10 x 880 sqft
3rd Br
12 x 12144 sqft
Foyer
7 x 535 sqft
4th Br
10 x 10100 sqft
Great Rm
10 x 10100 sqft
Kitchen
14 x 11154 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 285 Lorne Ave is 4459

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$849000
Down Payment$169800
Mortgage Insurance$0
Total Mortgage$679200

Monthly Payment


Mortgage Payment$4185
Property Taxes$274
Maintenance Fees$0
Monthly Payment$4459
$4459
monthly

Sold Comparables

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About 285 Lorne Ave, Newmarket

Located at 285 Lorne Ave , this Newmarket house is available for sale. This property was listed for $849,000 on Sat May 31 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Family, Br, 2nd Br, 3rd Br, Foyer, 4th Br, Great Rm, Kitchen. This property comes with 4 parking spots. 285 Lorne Ave, Newmarket is situated in the Central Newmarket neighbourhood.


MLS#: N12183924 · $849,000 · 4 bedroom house in Central Newmarket, Newmarket