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$699,000

Est. payment - /mo

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5 Beds

2 Baths

New

285 Lorne AVE Newmarket, ON L3Y 4K6

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Chaudhry Nadeem

nadeem@gta.realestate +1(416) 907-4533

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Key Details

Property Type Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Central Newmarket

MLS Listing ID N12390450

Style 3-Storey

Bedrooms 5

Annual Tax Amount $3,379

Tax Year 2025

Property Sub-Type Att/Row/Townhouse

Property 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!

Location

Province ON

County York

Community Central Newmarket

Area York

Rooms

Family Room Yes

Basement Separate Entrance, Finished

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Carpet Free, Countertop Range

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 23.47

Lot Depth 92.38

Total Parking Spaces 4

Building

Foundation Prefabricated

Listed by HOMELIFE NEW WORLD REALTY INC.

TEAM MEMBER

Chaudhry Nadeem +1(416) 907-4533 nadeem@gta.realestate