106 Park Avenue, Newmarket, ON

$1,199,999
MLS#:N9256791
5 beds
3 baths
1100-1500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 60.01 x 111.01 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

You are Home! Discover this spacious +1350sqft bungalow in Newmarket, ideal for investors and end-users alike! Fully renovated in 2023 w/ Hundreds of thousands well spent and too many upgrades to list- This home is the definition of renovated Top. To. Bottom. offering 3 bedrooms upstairs and 2 downstairs, providing excellent rental income potential alongside luxurious living. The main floor showcases an open-concept design, featuring a very spacious kitchen with quartz countertops, walk-out to a large custom deck w/ hot tub, and abundant natural light throughout this home! The fabulous self-contained lower-level apartment includes a separate entrance, tons of natural light, 2 bedrooms, a large open concept kitchen and living space, and a 3-piece bathroom, perfect for an in-law suite. Situated in a prime location, minutes from Yonge Street and Upper Canada Mall, and close to schools, parks, and amenities, with easy access to highways and public transportation. Upgrades include high-quality floors upstairs throughout, NorthStar Windows, heated floors in both the upstairs bathrooms(included in Master ensuite shower floor+bench!), smooth ceilings, EV charging station, a large private and sun filled backyard, ideal for hosting!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 2, 2024
Sold price information is available to members only
Listed Date8/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size60.01 × 111.01 Feet
CountyYork
Annual Tax$4,929.75
Legal DescriptionLT 22 PL 527 NEWMARKET ; S/T A36385A,A7897A TOWN OF NEWMARKET

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Park, Place Of Worship, Wooded/Treed, Public Transit, Rec./Commun.Centre

Community Features

Location

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106 Park Avenue, Newmarket, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 106 Park Avenue, Newmarket, ON L3Y 1T7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$959,999.2
Monthly Mortgage$5,578
Property Tax (Est.)$411
Utilities & Maint.$350
Total Monthly Cost$6,339

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.