120 Lorne Avenue, Newmarket, ON

$1,198,000
MLS#:N12096131
3 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Backsplit 4"] detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,198,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 60 x 111 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Central Vacuum, Sauna
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 120 Lorne Avenue -A Turnkey Home on a 60-Foot Lot in One of Newmarket's Most Desirable Neighbourhoods. Thoughtfully updated with modern conveniences and timeless charm, this 3-bedroom, 3-bathroom home is the perfect blend of form and function. Upstairs, you'll find three generous bedrooms, including a serene primary retreat featuring a king-sized sleeping area, cozy reading nook or lounge, and wall-to-wall custom closets-a true sanctuary to unwind at the end of the day. The bright and spacious main level features a bow window that fills the living room with natural light, while the renovated kitchen (2018) impresses with premium appliances: Electrolux dual fuel range, Samsung fridge, and Bosch dishwasher (2023). The family room offers a seamless walkout to the private deck (replaced in 2016) and fully fenced backyard, perfect for entertaining or relaxing, and surrounded by lush greenery. Downstairs, the finished basement provides flexible space for recreation, creative pursuits, or a home office, along with a renovated laundry room (2022), new flooring (2024), and your very own private sauna-a rare luxury that transforms your daily routine into a spa-like experience. Notable updates include: Furnace (2020), Roof (2022), Eavestroughs (2021), Garage door (2020), Insulation (2025), Most windows replaced (2012-2018). Located steps from Newmarket Main Street, top-rated schools, parks, shopping, and public transit, this home offers exceptional lifestyle convenience in a quiet, established pocket of Newmarket. A rare opportunity to own a move-in-ready home on a wide lot in a sought-after neighbourhood. Home Inspection Available!

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 5, 2025
Sold price information is available to members only
Listed Date4/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Brick
Lot Size60 × 111 Feet
CountyYork
Annual Tax$5,449.5
Legal DescriptionPLAN M1032 LOT 31

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Library, Park, Place Of Worship, Public Transit, School

Community Features

Location

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120 Lorne Avenue, Newmarket, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$741,777

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 120 Lorne Avenue, Newmarket, ON L3Y 4J6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$958,400
Monthly Mortgage$5,569
Property Tax (Est.)$454
Utilities & Maint.$350
Total Monthly Cost$6,373

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.