388 Eagle Street Newmarket, Ontario L3Y 1K4

$899,000

Whether you're a builder, developer, investor, or simply looking for a beautifully renovated home to enjoy, this exceptional property offers incredible flexibility and long term value. Situated on a premium 80 x 140 ft lot in the heart of downtown Newmarket, this is a rare opportunity with endless possibilities. Move in ready and extensively renovated, this home is ideal as a primary residence, income property, or future redevelopment project. The property is much larger than it appears in the photos and offers outstanding potential for a wide range of buyers. Development opportunities include rebuilding with up to 35% lot coverage, adding an additional residential unit with up to 45% lot coverage, or constructing a garden suite (subject to municipal approvals). Adding even more value, the property is not located within the LSRCA regulated area, is not in an Environmental Protection (EP) zone, not within a floodplain, and not a heritage designated property. Previously owned by a builder, the home underwent a comprehensive renovation approximately 3-4 years ago and has been meticulously maintained. Features include wide plank hardwood flooring, stone countertops, stainless steel appliances, two beautifully updated bathrooms, a durable metal roof, furnace (2023), and central air conditioning (2023). The finished basement has a separate side entrance and offers excellent in law or income potential, complete with its own kitchen, spacious living area, bedroom, office, four piece bathroom, and dedicated laundry room.Outside, you'll find a detached garage, an oversized driveway with ample parking, and a property that combines immediate enjoyment with outstanding future potential. Whether you're looking to move in, generate rental income, or capitalize on future development opportunities, this is a property that truly offers it all. (id:55460)

Property Details

MLS® Number	N13589928
Property Type	Single Family
Community Name	Central Newmarket
Amenities Near By	Hospital, Park
Parking Space Total	5
Structure	Drive Shed

Building

Bathroom Total	2
Bedrooms Above Ground	2
Bedrooms Below Ground	2
Bedrooms Total	4
Appliances	Water Meter
Architectural Style	Bungalow
Basement Development	Finished
Basement Features	Apartment In Basement, Separate Entrance
Basement Type	N/a, N/a, N/a (finished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding, Stone
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	1
Size Interior	700 - 1,100 Ft2
Type	House
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Fence Type	Fenced Yard
Land Amenities	Hospital, Park
Sewer	Sanitary Sewer
Size Depth	141 Ft ,4 In
Size Frontage	80 Ft ,1 In
Size Irregular	80.1 X 141.4 Ft
Size Total Text	80.1 X 141.4 Ft
Surface Water	Lake/pond

Rooms

Level	Type	Length	Width	Dimensions
Basement	Laundry Room	3.09 m	5.53 m	3.09 m x 5.53 m
Basement	Kitchen	3.39 m	3.99 m	3.39 m x 3.99 m
Basement	Bedroom 3	4.31 m	6.75 m	4.31 m x 6.75 m
Basement	Office	2.67 m	2.27 m	2.67 m x 2.27 m
Ground Level	Great Room	4.31 m	4.61 m	4.31 m x 4.61 m
Ground Level	Kitchen	3.39 m	3.99 m	3.39 m x 3.99 m
Ground Level	Primary Bedroom	3.55 m	3.69 m	3.55 m x 3.69 m
Ground Level	Bedroom 2	3.09 m	3.39 m	3.09 m x 3.39 m

Utilities

Cable	Available
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30062129/388-eagle-street-newmarket-central-newmarket-central-newmarket