221 Prospect Street

Central Newmarket, Newmarket

Open House Jun 13th, 1-3PM
221 Prospect Street, Central Newmarket, Newmarket

$1,399,900


Bedrooms: 3

Bathrooms: 2

Living Area: 2,000 sqft

Price Per Sqft: $699.95


About this Detached

in Central Newmarket, Newmarket

Own a piece of Newmarkets history with this enchanting 2-storey home, lovingly cared for and filled with charm at every turn. Sunshine streams through oversized windows, highlighting the original hardwood floors and soaring 9ft ceilings on the main level. The main floor offers the perfect layout and flow, featuring a custom kitchen with a walkout to the backyard, making entertaining effortless, a formal dining room opening up to the living room with oversized pocket doors to close it off if you would like a more intimate dining experience, plus a large bright family room! Every window frames a picturesque view of lush greenery and visiting songbirds, bringing the beauty of nature indoors. With spacious rooms that flow with ease and generously sized bedrooms, this is a home that feels both grand and welcoming. Step outside to discover four dreamy porches, perfect spots to sip your morning coffee, people-watch, or simply soak in the day. The oversized lot is a sanctuary in itself, complete with vibrant gardens, a pear tree, mature trees for shade and privacy, and a cozy fire pit for evenings under the stars. A durable metal roof adds peace of mind, while the extra-long driveway fits up to 9 cars, perfect for gatherings with family and friends. All of this just steps from Fairy Lake and vibrant Main Street, where concerts, skating, the Nokiidaa bike trail, markets, and year-round community fun await. Its a place where history and heart come together, and where every day feels a little more special.

Listed by RE/MAX HALLMARK CHAY REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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