$799,000Asking Price
285 Lorne Avenue, Newmarket, ON L3Y 4K6
Central Newmarket, Newmarket
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!
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!
See MoreKey Info
- 3-Storey Rowhouse
- 4-Car Driveway
- No Garage
- Eagle/Lorne
- 1500-2000 Approximate Sq Feet
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 23.47 x 92.38 Feet
- Aluminum Siding/Brick Exterior
- Taxes were $3,288 in 2024
- Possession: TBD
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #N12183924
- HOMELIFE NEW WORLD REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 9.91' x 7.41' | Quartz Counter, Stainless Steel Appliances, Breakfast Bar |
| 2 | Foyer | Ground | 6.56' x 4.66' | Laminate, Closet |
 | 1 4-Piece Bathroom on Upper | |||
| 1 3-Piece Bathroom | |||
Who lives here?
Central Newmarket, Newmarket is a north GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
49%
of residents are
single and loving it.
49% singles
Newmarket (42%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
36%
of residents
are renters.
36% renters
Newmarket (21%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
30%
of residents are
university grads.
30% university grads
Newmarket (37%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$103K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 10% |
| Trades | 9% |
| Government | 8% |
| Management | 6% |
Immigrants
20%
of residents were
born outside of Canada.
20% immigrants
Newmarket (30%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.0% from UK
All-time
Birthplace - Recent
0.8% from Iran
Recent
Foreign Languages
Foreign Languages
| Persian | 2% |
| French | 1% |
| German | 1% |
| Russian | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 62% |
| Hindu | 1% |
| Jewish | 1% |
| Muslim | 1% |
| Buddhist | 1% |
