For Sale

285 Lorne Avenue, Newmarket, Ontario L3Y 4K6

$699,000

285 Lorne Avenue, Newmarket, Ontario L3Y 4K6 is For Sale and has a listing price of 699,000. The property is located in the Newmarket neighbourhood . It's been on the website for 3 Days.

  • 5
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: N12390450
  • Office Name HOMELIFE NEW WORLD REALTY INC.
Property Description

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: All Houses
  • Listing Type: For Sale
  • Listing ID: N12390450
  • Price: $699,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 92.38
  • Ref ID: N12390450
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Eagle/Lorne
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Att/row/twnhouse
Price History
List Date MLS ID List Price Status End Date Closed Price
09/09/2025 N12390450 $699,000 For Sale - -
05/30/2025 N12183924 $799,000 Expired -
04/03/2025 N12060695 $880,000 Cancelled 05/29/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,218,782 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 58 Median Days on Market
    based on 1 year
  • List vs. Selling Price 105.1 % Up
  • Sold (12mo) 600
  • Rented (12mo) 505

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    84.1%
  • Commercial
    5.8%
  • Condo
    10.05%
  • Land for Sale
    0.04%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Aluminum Siding
  • Kitchen 2
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 3
  • Washrooms Type 2: 1
  • Taxes: $3,379
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: IMME
  • Listing Entry Date: 09/09/2025 11:22:40
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