Whether you're a builder, developer, investor, or simply looking for a beautifully renovated home to enjoy, this exceptional property offers incredible flexibility and long term value. Situated on a premium 80 x 140 ft lot in the heart of downtown Newmarket, this is a rare opportunity with endless possibilities. Move in ready and extensively renovated, this home is ideal as a primary residence, income property, or future redevelopment project. The property is much larger than it appears in the photos and offers outstanding potential for a wide range of buyers. Development opportunities include rebuilding with up to 35% lot coverage, adding an additional residential unit with up to 45% lot coverage, or constructing a garden suite (subject to municipal approvals). Adding even more value, the property is not located within the LSRCA regulated area, is not in an Environmental Protection (EP) zone, not within a floodplain, and not a heritage designated property. Previously owned by a builder, the home underwent a comprehensive renovation approximately 3-4 years ago and has been meticulously maintained. Features include wide plank hardwood flooring, stone countertops, stainless steel appliances, two beautifully updated bathrooms, a durable metal roof, furnace (2023), and central air conditioning (2023). The finished basement has a separate side entrance and offers excellent in law or income potential, complete with its own kitchen, spacious living area, bedroom, office, four piece bathroom, and dedicated laundry room.Outside, you'll find a detached garage, an oversized driveway with ample parking, and a property that combines immediate enjoyment with outstanding future potential. Whether you're looking to move in, generate rental income, or capitalize on future development opportunities, this is a property that truly offers it all. (id:15069)
| MLS® Number | N13589928 |
| Property Type | Single Family |
| Community Name | Central Newmarket |
| Amenities Near By | Hospital, Park |
| Parking Space Total | 5 |
| Structure | Drive Shed |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Appliances | Water Meter |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a, N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Stone |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Park |
| Sewer | Sanitary Sewer |
| Size Depth | 141 Ft ,4 In |
| Size Frontage | 80 Ft ,1 In |
| Size Irregular | 80.1 X 141.4 Ft |
| Size Total Text | 80.1 X 141.4 Ft |
| Surface Water | Lake/pond |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 3.09 m | 5.53 m | 3.09 m x 5.53 m |
| Basement | Kitchen | 3.39 m | 3.99 m | 3.39 m x 3.99 m |
| Basement | Bedroom 3 | 4.31 m | 6.75 m | 4.31 m x 6.75 m |
| Basement | Office | 2.67 m | 2.27 m | 2.67 m x 2.27 m |
| Ground Level | Great Room | 4.31 m | 4.61 m | 4.31 m x 4.61 m |
| Ground Level | Kitchen | 3.39 m | 3.99 m | 3.39 m x 3.99 m |
| Ground Level | Primary Bedroom | 3.55 m | 3.69 m | 3.55 m x 3.69 m |
| Ground Level | Bedroom 2 | 3.09 m | 3.39 m | 3.09 m x 3.39 m |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
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