221 Prospect Street, Newmarket, ON

$1,349,900
MLS#:N13437822
3 beds
2 baths
2000-2500 sqft
9.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,349,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 87.25 x 185 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available
  • Notable attributes: Central Vacuum, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Own a piece of Newmarkets history with this enchanting 2-storey home, lovingly cared for and filled with charm at every turn. Sunshine streams through oversized windows, highlighting the original hardwood floors and soaring 9ft ceilings on the main level. The main floor offers the perfect layout and flow, featuring a custom kitchen with a walkout to the backyard, making entertaining effortless, a formal dining room opening up to the living room with oversized pocket doors to close it off if you would like a more intimate dining experience, plus a large bright family room! Every window frames a picturesque view of lush greenery and visiting songbirds, bringing the beauty of nature indoors. With spacious rooms that flow with ease and generously sized bedrooms, this is a home that feels both grand and welcoming. Step outside to discover four dreamy porches, perfect spots to sip your morning coffee, people-watch, or simply soak in the day. The oversized lot is a sanctuary in itself, complete with vibrant gardens, a pear tree, mature trees for shade and privacy, and a cozy fire pit for evenings under the stars. A durable metal roof adds peace of mind, while the extra-long driveway fits up to 9 cars, perfect for gatherings with family and friends. All of this just steps from Fairy Lake and vibrant Main Street, where concerts, skating, the Nokiidaa bike trail, markets, and year-round community fun await. Its a place where history and heart come together, and where every day feels a little more special.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size87.25 × 185 Feet
CountyYork
Annual Tax$5,430.15
Legal DescriptionPT LT 2 E/S PROSPECT ST PL 85 NEWMARKET; PT LT 3 E/S PROSPECT ST PL 85 NEWMARKET; PT LT 4 E/S PROSPECT ST PL 85 NEWMARKET; PT LT 1 N/S LYDIA ST PL 85 NEWMARKET AS IN R689279 ; NEWMARKET

Parking & Garage

Parking Spaces9.0
Garage Spaces9
Garage TypeNone

Heating & Cooling

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

Features

Property Features

Fenced Yard, Hospital, Lake/Pond, Library, Park, Rec./Commun.Centre

Community Features

Location

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221 Prospect Street, 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 221 Prospect Street, Newmarket, ON L3Y 3T8

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,079,920
Monthly Mortgage$6,275
Property Tax (Est.)$453
Utilities & Maint.$350
Total Monthly Cost$7,078

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,390

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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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.