154 Victoria Street, Newmarket, ON

$2,499,000
MLS#:N9416262
6 beds
4 baths
3500-5000 sqft
15.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,499,000 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.

  • 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 105 x 253 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 15.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Capability, On Demand Water Heater, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Offered for the first time in over 50 years, The Cedars is one of Newmarket's Grand homes in Old Newmarket. Built circa 1855 for Main Street merchant Robert H. Smith, the home is over 3,600sqft + partially finished basement and is situated on a beautifully treed lot that is nearly 2/3 of an acre. Featuring a circular driveway fronting Victoria Street, and Right-of-way access off Millard to the garage at the rear, this home is like no other in the highly coveted community. The Georgian Style mansion features expansive principal rooms on the main level with 10ft ceilings, an impressive 2nd floor with 4 spacious bedrooms with generous closets, and a 3rd floor for a potential 5th bedroom. This home also has great potential for a home based business or in-law suite apartment with the separate access to the lower level. it cannot be overstated how rare an opportunity this is to have a property & home of such size in this part of Newmarket, just steps to the Historic Downtown. This property must be seen to be appreciated.

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 13, 2024
Sold price information is available to members only
Listed Date10/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStucco (Plaster)
Lot Size105 × 253 Feet
CountyYork
Annual Tax$9,371.57
Legal DescriptionPT BLK B PL 31 NEWMARKET AS IN R134660; NEWMARKET

Parking & Garage

Parking Spaces15.0
Garage Spaces12
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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154 Victoria Street, Newmarket, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$741,307

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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 154 Victoria Street, Newmarket, ON L3Y 4C8

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$1,999,200
Monthly Mortgage$11,616
Property Tax (Est.)$781
Utilities & Maint.$350
Total Monthly Cost$12,747

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.