374 Borden Ave
Central Newmarket, Newmarket, L3Y 5B9
FOR SALE
$1,235,000
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4 + 2
BEDROOMS3
BATHROOMS1 + 2
KITCHENS12 + 4
ROOMSN8189950
MLSIDContact Us
Property Description
Spacious raised bungalow in Newmarket with 4+2 Bedrooms ( with 2 Walk-out apartments). 3 bedrooms upstairs, 1 Bedroom as a second unit in the Back of the home, and 2 bedrooms walk-out basement Apartment. Ideally suited for investors and end-users, this property offers an excellent opportunity to generate rental income while enjoying the benefits of a spacious and well-designed home. The main floor has an open-concept layout, a bright kitchen, and ample natural light. Self-contained lower-level apartment with separate entrance. Prime location near schools, parks, and amenities. Easy access to highways and public transportation. Generate rental income while enjoying the comfort of the main living space. Don't miss this opportunity! It is a fantastic Location, with many upgrades, windows, air conditioning, New doors, landscaping, and a stone sidewalk! Fully Fenced Backyard With Patio Area! Lots of fruit trees such as strawberry, cherry, .... Separate Entrance To Lower Level With Additional Bedroom, Living Room, Kitchen, Bathroom And Extra Room! Lots Of Potential In This Spacious Home! Close To Shopping, School, Park And Transit!
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Extras
Potential income for two walk out units (unit 2 and unit 3 are totally between $3000-$3500)
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 110'
Fronting
West
Taxes
$5,132 (2023)
Basement
Sep Entrance, W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.68' x 16.73' | Laminate, Open Concept |
Dining | Main | 11.68' x 11.81' | Laminate, Open Concept |
Kitchen | Main | 12.27' x 14.76' | Ceramic Floor, Centre Island |
Breakfast | Main | 9.91' x 11.94' | Ceramic Floor, Open Concept, W/O To Patio |
Office | Main | 9.97' x 9.45' | Ceramic Floor |
Prim Bdrm | Main | 10.40' x 15.03' | Laminate |
2nd Br | Main | 10.76' x 14.30' | Hardwood Floor |
3rd Br | Main | 10.37' x 11.06' | Laminate |
Family | Lower | 11.35' x 17.55' | Ceramic Floor, Fireplace |
4th Br | Lower | 11.35' x 9.58' | Ceramic Floor |
Other | Lower | 8.96' x 11.06' | Laminate |
Kitchen | Lower | 6.63' x 9.58' | Laminate |
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Newmarket Market Statistics
Newmarket Price Trend
374 Borden Ave is a 4-bedroom 3-bathroom home listed for sale at $1,235,000, which is $227,857 (15.6%) lower than the average sold price of $1,462,857 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 4 bedroom home in Newmarket increased by $25,034 (1.7%) compared to the previous 30 day period (February 29 - March 29) and up $35,237 (2.5%) from the same time one year ago.Inventory Change
There were 92 4-bedroom homes listed in Newmarket over the last 30 days (March 30 - April 28), which is up 67.3% compared with the previous 30 day period (February 29 - March 29) and up 67.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Newmarket typically sold ($4,152) (0.3%) below asking price over the last 30 days (March 30 - April 28), which represents a $21,881 decrease compared to the previous 30 day period (February 29 - March 29) and ($4,139) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Newmarket over the last 30 days (March 30 - April 28) stood at 53.3%, down from 76.4% over the previous 30 days (February 29 - March 29) and down from 70.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Newmarket stood at 26 days when successfully sold over the last 30 days (March 30 - April 28), compared to 22 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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