154 Victoria Street, Newmarket, ON
Property no longer active
This property was sold on November 13, 2024. This listing is for reference purposes only. to view the sold price.
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
- Efficient forced air heating via gas
Description
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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Property Summary
This detached home located at 154 Victoria Street, Newmarket is currently for sale and has been available on SousaSells for 657 days. This property is listed at $2,499,000 with an estimated mortgage of $8,318* per month. It has 6 beds, 4 bathrooms, and is 3500-5000 square feet. 154 Victoria Street, Newmarket is in the Central Newmarket neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •6 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3500-5000 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
None listed
Interior Features
- In-Law Capability
- On Demand Water Heater
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 154 Victoria Street, Newmarket, ON
Q.What is the asking price for 154 Victoria Street, Newmarket, ON ?
The current listing price for 154 Victoria Street, Newmarket, ON in Central Newmarket, Newmarket is $2,499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 154 Victoria Street, Newmarket, ON ?
154 Victoria Street, Newmarket, ON is a Detached (3-Storey) featuring a Finished with Walk-Out basement.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, On Demand Water Heater, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 15.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 154 Victoria Street, Newmarket, ON L3Y 4C8
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 $2,499,000 in Newmarket, the legal minimum down payment is $499,800 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 $48,950 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 $48,950.
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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.