106 Park Avenue, Newmarket, ON
Property no longer active
This property was sold on October 2, 2024. This listing is for reference purposes only. to view the sold price.
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
Description
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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Property Summary
This detached home located at 106 Park Avenue, Newmarket is currently for sale and has been available on SousaSells for 721 days. This property is listed at $1,199,999 with an estimated mortgage of $3,994* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 106 Park Avenue, Newmarket is in the Central Newmarket neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Park
- Place Of Worship
- Wooded/Treed
- Public Transit
- Rec./Commun.Centre
Interior Features
- Central Vacuum
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 106 Park Avenue, Newmarket, ON
Q.What is the asking price for 106 Park Avenue, Newmarket, ON ?
The current listing price for 106 Park Avenue, Newmarket, ON in Central Newmarket, Newmarket is $1,199,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 106 Park Avenue, Newmarket, ON ?
106 Park Avenue, Newmarket, ON is a Detached (Bungalow) featuring a Finished, Separate Entrance basement.
Q.What key property features does 106 Park Avenue, Newmarket, ON offer?
Key property features include: Hospital, Park, Place Of Worship, Wooded/Treed, Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Central Vacuum, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 106 Park Avenue, Newmarket, ON L3Y 1T7
Based on 0 recent similar sales in the pocket.
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 $1,199,999 in Newmarket, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.