262 Lorne Avenue, Newmarket, ON
Property no longer active
This property was sold on February 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $799,000 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.
- 8 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 50.01 x 113.16 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Built-In Oven, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This House Is Right Across From A Public-School Ideal Family With Kids, Close To Historic Main St Newmarket And Fairy Lake A Walking Distance, The House Is An Investment House With Finished Basement With 2 Bedrooms With Separate Entrance. Upper Levels Have 6 Bedrooms, Home Has 4 Bathrooms With Large Chefs Kitchen, Extra Ovens And Cooktop Ideal For Entertaining Large Family Gatherings. Shed In Back Yard And A Separate Garage With Storage Area. Plenty Of Parking, New Roof Was Installed 5 Years Ago. House Need Some Attention And Updating, But Has Amazing Potential For Large Family And Or Income Property. New Weeping Tiles And Waterproofing Done In 2014. Don't Miss Out!
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Property Summary
This detached home located at 262 Lorne Avenue, Newmarket is currently for sale and has been available on SousaSells for 568 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 8 beds, 4 bathrooms, and is 2000-2500 square feet. 262 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 8 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •8 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
Interior Features
- Auto Garage Door Remote
- Built-In Oven
- Central Vacuum
- In-Law Suite
- Sump Pump
- Water Heater
- Water Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 262 Lorne Avenue, Newmarket, ON
Q.What is the asking price for 262 Lorne Avenue, Newmarket, ON ?
The current listing price for 262 Lorne Avenue, Newmarket, ON in Central Newmarket, Newmarket is $799,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 262 Lorne Avenue, Newmarket, ON ?
262 Lorne Avenue, Newmarket, ON is a Detached (2-Storey) featuring a Apartment, Separate Entrance basement.
Q.What key property features does 262 Lorne Avenue, Newmarket, ON offer?
Key property features include: Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Built-In Oven, Central Vacuum, In-Law Suite, Sump Pump, Water Heater, Water Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
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 262 Lorne Avenue E, Newmarket, ON L3Y 4K4
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 $799,000 in Newmarket, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.