120 Lorne Avenue, Newmarket, ON
Property no longer active
This property was sold on May 5, 2025. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 120 Lorne Avenue, Newmarket is currently for sale and has been available on SousaSells for 471 days. This property is listed at $1,198,000 with an estimated mortgage of $3,988* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 120 Lorne Avenue, Newmarket is in the Central Newmarket neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- School
Interior Features
- Carpet Free
- Central Vacuum
- Sauna
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 120 Lorne Avenue, Newmarket, ON
Q.What is the asking price for 120 Lorne Avenue, Newmarket, ON ?
The current listing price for 120 Lorne Avenue, Newmarket, ON in Central Newmarket, Newmarket is $1,198,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 120 Lorne Avenue, Newmarket, ON ?
120 Lorne Avenue, Newmarket, ON is a Detached (Backsplit 4) featuring a Finished basement.
Q.What key property features does 120 Lorne Avenue, Newmarket, ON offer?
Key property features include: Hospital, Library, Park, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Central Vacuum, Sauna.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 120 Lorne Avenue, Newmarket, ON L3Y 4J6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $1,198,000 in Newmarket, the legal minimum down payment is $239,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,435 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,435.
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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.