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New2 days ago

207 - 543 Timothy Street

Central Newmarket, Newmarket

$590,000

Condo Apartment |
1 | 1 | 2 | 1
About this home

Welcome to Timothy Street Lofts, where industrial character meets everyday comfort. This one-bedroom, one-bathroom loft is a standout in the building - offering two parking spots, a rare find for a one-bedroom, along with western exposure that fills the space with afternoon light and sunset views. This 699 square foot unit features soaring ceilings, exposed beams and ductwork, and an open-concept layout that gives the space an airy, lofty-like feel. The kitchen offers granite counters & stainless steel appliances, flowing into a bright living and dining area perfect for both relaxing and entertaining. Steps to Main Street Newmarket's shops and restaurants, the Tom Taylor Trail and Fairy Lake, with easy access to the GO train and hospital. Everything downtown Newmarket has to offer is right outside your door. Maintenance fees include, water, sewage, heat, hydro, cable and internet.

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Got questions?

Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$1,223
LockerOwned
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground, Surface
Property Tax$2,748
mls© NumberN13751834
Listed ByROYAL LEPAGE RCR REALTY
Building Insurance Included
Common Elements Included
CAC Included
Cable TV Included
Heat Included
Hydro Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,020
Property tax
$229
Heat allowance
$150
Condo fees, half counted
$611
Housing costs
$4,010 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $118,000
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,483 / mo
Cash down
$118,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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