1043 Lemar Road, Newmarket, ON
Property no longer active
This property was sold on November 16, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,139,999 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Premium 61 x 187.5 ft lot size
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Built-In Oven, In-Law Capability, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This exceptional investment opportunity, ideal for first-time buyers or investors, features a bright, open-concept layout with a modern kitchen equipped with stainless steel appliances and hardwood floors throughout. The home boasts an elegant oak staircase with wrought iron pickets, a renovated main bath, and a spacious 16' x 30' deck overlooking a large, private backyard with mature trees. With a separate side entrance and walk-out basement, it's perfect for creating an in-law suite or generating rental income. Ample storage space and parking for up to six cars add convenience. Located in the highly sought-after Gorham-College Manor community, the property offers easy access to schools, shopping, transit, Highway 404, and Newmarkets vibrant Main Street. Known for its family-friendly atmosphere, mature trees, parks, and growing rental demand, this neighborhood presents an ideal balance of lifestyle and investment potential.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 1043 Lemar Road, Newmarket is currently for sale and has been available on SousaSells for 644 days. This property is listed at $1,139,999 with an estimated mortgage of $3,795* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 1043 Lemar Road, Newmarket is in the Gorham-College Manor neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •Desirable Detached architecture in Gorham-College Manor, Newmarket
Growing families needing multi-bedroom flexibility and space in Gorham-College Manor, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Built-In Oven
- In-Law Capability
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1043 Lemar Road, Newmarket, ON
Q.What is the asking price for 1043 Lemar Road, Newmarket, ON ?
The current listing price for 1043 Lemar Road, Newmarket, ON in Gorham-College Manor, Newmarket is $1,139,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms.
Q.What property type and architectural style is 1043 Lemar Road, Newmarket, ON ?
1043 Lemar Road, Newmarket, ON is a Detached (Backsplit 3) featuring a Finished with Walk-Out, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, In-Law Capability, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 1043 Lemar Road, Newmarket, ON .
Location
Google Street View
Open in Google MapsProperty History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1043 Lemar Road, Newmarket, ON L3Y 1S2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
Configure Loan Settings
About Purchasing a Home in Newmarket, ON
For a property listed at $1,139,999 in Newmarket, the legal minimum down payment is $228,000 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 $19,275 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 $19,275.
Similar Listings in Gorham-College Manor, Newmarket
Explore all Just Listed Homes in Newmarket →
Gorham-College Manor, Newmarket Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Gorham-College Manor, Newmarket.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Gorham-College Manor, Newmarket
Elementary Schools
Secondary Schools
Gorham-College Manor, Newmarket Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.