285 Lorne Avenue, Newmarket - Sold for $701,000 | Modern Solution Realty

285 Lorne Avenue, Newmarket

285 Lorne Avenue in Newmarket - 5 bedroom, 2 bathroom. Sold for $701,000. Listed at $699,000.

A rare opportunity to own a fully renovated 4+1 freehold townhouse with no management fees! This spacious and well-lit home features a comfortable living and dining area, a thoughtfully designed layout that maximizes space, and brand-new kitchen cabinets. The property includes a separate walk-out basement apartment, providing an excellent opportunity for rental income or multi-generational living. With dual rental potential, this home offers a rare positive cash flow opportunity, generating over $4,000 rent per month. Recent upgrades include fresh paint, new laminate flooring, kitchen cabinets and updates to the furnace(2018), and insulation(2019), ensuring a worry-free move-in experience. The private driveway accommodates up to four vehicles, adding to the parking convenience. Located in a prime area just steps from Main Street and Fairy Lake, this home offers easy access to restaurants, shops, parks, top-rated schools, hospitals, and shopping centers. Don't miss out on this incredible investment and lifestyle opportunity. Move in and start enjoying everything this home has to offer!

Property Details

  • Property Type: Mortgage
  • Style: 3-Storey
  • Square Footage: 1750 sqft
  • Basement: Separate Entrance
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 4 spaces
  • Property Taxes: $3,379/yr
  • Neighbourhood: Central Newmarket
  • Postal Code: L3Y 4K6

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