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Newmarket
$1,650,000
774 SUTHERLAND AVENUE, Newmarket, L3Y1G1
MLS Number: N13233836
Beds
4
Baths
2
Listing
For Sale
Type
Detached
Square Feet
1,100 - 1,500
Rare opportunity to own a spectacular 70 x 350 ft ravine lot backing onto town-owned open space with a river running through the rear of the property. This bright and well-kept 4-bedroom brick bungalow features an eat-in kitchen with hardwood flooring and a walkout to a deck overlooking the expansive backyard and picturesque ravine setting. The mostly finished basement offers a large recreation room with a wood-burning fireplace, pot lights, a 3-piece bath, workshop area, and an updated 100-amp electrical panel with breakers. Located in one of Newmarket's most desirable and evolving neighbourhoods, just a short walk to Fairy Lake, Historic Downtown Newmarket, Riverwalk Commons, local restaurants, cafés, pubs, and the farmers' market. Enjoy the home as-is, renovate, or take advantage of this exceptional lot to build your dream home in a truly one-of-a-kind setting. A rare offering combining privacy, natural beauty, and outstanding future potential. Potential building plans for a future custom residence may be available for purchase by interested buyers. Building permit application currently in process and nearing completion.
Estimate Tool
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$330,000
Mortgage Amount
$1,320,000
Principal + Interest
$7,632 / mo
5-Year Term Payments
$457,934
Estimated Monthly Carrying Cost
$8,282
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
Helpful Guide
If you are planning a purchase, it helps to understand the buyer process and keep your financing and closing documents organized.
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