285 Lorne Avenue
Newmarket (Central Newmarket), ON L3Y 4K6
- 4+1Bedrooms
- 2Bathrooms
- 4Garage
- 1500–2000Sq Ft
- $3,379Tax
- 23×92 ftLot Size
Estimated Value:$861,380See Free Estimate Report
This home has sold. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for 285 Lorne Avenue, Newmarket, Central Newmarket
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 285 Lorne Avenue, Newmarket, Central Newmarket
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,379
- Land Transfer Tax Fee
- $10,455
- Basement Type
- Separate Entrance, Finished
Interior Features
- Interior Extras
- Carpet Free, Countertop Range
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Freehold Townhouse
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Prefabricated
- Special Designation
- Unknown
Lot
- Lot Front
- 23.47 ft
- Lot Depth
- 92.38 ft
- Lot Size
- 2168
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 1
- Washrooms
- 2
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level, Laminate, W/O To Deck
- Dining Room—Main level, Laminate, Open Concept
- Kitchen—Main level, Quartz Counter, Stainless Steel Appl, Breakfast Bar
- Family Room—In Between level, Laminate, Separate Room
- Bedroom—Third level, Laminate, Window, Closet
- Bedroom 2—Third level, Laminate, Window, Closet
- Bedroom 3—Lower level, Laminate, Window
- Foyer—Ground level, Closet
- Bedroom 4—Ground level, Laminate
- Great Room—Ground level, Laminate
- Kitchen—Basement level, Combined w/Laundry
Washrooms
- 4-piece, Upper
- 3-piece, Basement
- Municipality
- Newmarket
- Neighbourhood
- Central Newmarket
- Main cross streets
- Eagle/Lorne
- Directions
- Head north on Yonge Street, turn left onto Davis Drive, then right onto Lorne Avenue; 285 LORNE AVE will be on the left
- MLS® number
- N12390450
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-18
- Listed on
- 2025-09-09
- Days on market
- 9 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- HOMELIFE NEW WORLD REALTY INC.
Home Market Value
Current home valuation for 285 Lorne Avenue, Newmarket, Central Newmarket, Newmarket, ON. Listed for $699,000
HOMEH Estimate
$861,380
Estimated Sales Range
$602,966 - $1,119,794
HOMEH Estimate for 285 Lorne Avenue, Newmarket, Central Newmarket
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $199,000 over $500K
$44,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,143 | $19,502 | $16,636 | $0 |
=Total mortgage | $679,708 | $648,602 | $610,786 | $559,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,319monthly | $3,167monthly | $2,982monthly | $2,730monthly |
Land Transfer Tax
$10,455
$10,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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