Lorne Ave
Central Newmarket, Newmarket
$699,000
Buy with Dwelly and Save $6,990
Home Details
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Listing 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!
City: Newmarket
Neighborhood: Central Newmarket
Property History
Rooms
Room dimensions for Lorne Ave, Newmarket
Market Trends and Insights
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $699000 |
| Down Payment | $139800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $559200 |
Monthly Payment
| Mortgage Payment | $3446 |
| Property Taxes | $282 |
| Maintenance Fees | $0 |
| Monthly Payment | $3728 |
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About Lorne Ave, Newmarket
Located at 285 Lorne Ave , this Newmarket house is available for sale. This property was listed for $699,000 on Tue Sep 09 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#: N12390450 · $699,000 · 4 bedroom house in Central Newmarket, Newmarket