428 Terry Carter Crescent, Newmarket, ON
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,150,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 1800-1999 sqft
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautifully appointed executive condominium townhome in one of Newmarket's most desirable communities. Offering 3 bedrooms, 4 bathrooms, and a fully finished walkout basement, this spacious residence is ideal for those seeking upscale, low-maintenance living without compromising on space or lifestyle. The main level features hardwood floors through the principal rooms, elegant formal living spaces, and a cozy gas fireplace that creates a warm and inviting atmosphere for everyday living or entertaining. The thoughtfully finished lower level is flooded with natural light from oversized windows and includes a stunning rec room with custom built-in cabinetry, wet bar, electric fireplace, and walkout to an exclusive-use patio retreat. The upper level offers generously sized bedrooms along with a spacious laundry room complete with built-in storage for added everyday convenience. Rarely found in similar developments, this home also features a double-car garage and double-wide driveway. Perfect for down-sizers looking to remain in Newmarket while enjoying the benefits of condominium living, including exterior maintenance and carefree lock-and-leave convenience for those frequently travelling or spending time away. Ideally situated just steps to Historic Main Street Newmarket, the GO Train, Davis Drive transit corridor, and all the amenities of Bayview Avenue and Leslie Street. Exceptional proximity to some of the area's top private schools including Pickering College, St. Andrew's College, and St. Anne's School further enhances the appeal of this outstanding lifestyle opportunity. Additional recent upgrades include furnace, air conditioner, hot water tank (owned), and water softener all replaced in 2024; roof reshingled in 2025 (completed through condominium corporation); and patio professionally levelled and relaid in 2025.
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Pricing & Value Insights
Data-driven valuation for 428 Terry Carter Crescent 48, Newmarket, ON L3Y 9G1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $1,150,000 in Newmarket, the legal minimum down payment is $230,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $19,475 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $19,475.
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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.