163 Burgess Crescent, Newmarket, ON

$1,100,000
MLS#:N9398297
4 beds
4 baths
1500-2000 sqft
3.0 parking
Residential Freehold
163 Burgess Crescent, Newmarket, ON L3X 2T9
⚠️

Property no longer active

This property was sold on October 26, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Summerhill Estates. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,100,000 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.

  • 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 24.13 x 99.54 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To This Beautifully *Renovated Semi-Detached Home, Where Modern Design Meets Everyday Functionality. Located Just Steps From *Yonge Street, You'll Enjoy All The Amenities It Offers Including Easy Access To Transit,This Spacious 3-Bedroom Home Boasts Contemporary Finishes Throughout, With Sleek Flooring, Updated Lighting, And An Open-Concept Living And Dining Area Perfect For Entertaining. The Bright And Airy Kitchen Features High-End Appliances And Custom Cabinetry, Offering A Stylish Yet Practical Space For Home Chefs.A Standout Feature Is The *Fully Finished Walkout Basement, Transformed Into A *Separate 1-Bedroom Apartment With Its Own Private Entrance. Ideal For Generating Rental Income To Help With Your Mortgage Payments, This Suite Is Move-In Ready And Offers A Fantastic Opportunity For Potential Tenants Or Extended Family.All The Major Home Systems Have Been Recently Updated, Including A *New Roof, **New Furnace, And **Brand New Appliances On The Main Floor, Meaning You Won't Have To Spend A Dollar On These Big-Ticket Items For Years To Come. Additional Perks Include *Direct Access From The Garage For Added Convenience,This Home Is The Perfect Blend Of Modern Luxury And Smart Investment Potential In A Prime Location! Don't Miss Out On This Incredible Opportunity.

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Property Summary

This detached home located at 163 Burgess Crescent, Newmarket is currently for sale and has been available on SousaSells for 659 days. This property is listed at $1,100,000 with an estimated mortgage of $3,661* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 163 Burgess Crescent, Newmarket is in the Summerhill Estates neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Summerhill Estates, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Summerhill Estates, Newmarket.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 26, 2024
Sold price information is available to members only
Listed Date10/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size24.13 × 99.54 Feet
CountyYork
Annual Tax$4,447
Legal DescriptionPt Blk 74 Pl 65M3603, Pt 5, 65R25983; T/W EASE OVER PT LT 89 CON 1, PT 7, 65R24328 AS IN TR103317. S

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 163 Burgess Crescent, Newmarket, ON

Q.What is the asking price for 163 Burgess Crescent, Newmarket, ON ?

The current listing price for 163 Burgess Crescent, Newmarket, ON in Summerhill Estates, Newmarket is $1,100,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 163 Burgess Crescent, Newmarket, ON ?

163 Burgess Crescent, Newmarket, ON is a Semi-Detached (2-Storey) featuring a Finished with Walk-Out basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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163 Burgess Crescent, 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 163 Burgess Crescent, Newmarket, ON L3X 2T9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate4.00%
Down Payment$330,000 (30.0%)
* Minimum Canadian down payment required for this price is $220,000.
Amortization Period30 Years
Estimated Monthly Payment$3,661Based on a loan of $770,000 over 30 years.
Purchase Price$1,100,000
Loan Amount$770,000
Provincial Land Transfer Tax:$18,475
Total Estimated Closing Taxes:$18,475

About Purchasing a Home in Newmarket, ON

For a property listed at $1,100,000 in Newmarket, the legal minimum down payment is $220,000 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 $18,475 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 $18,475.

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Summerhill Estates, Newmarket Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,324,050

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%

Best Schools in Summerhill Estates, Newmarket

Elementary Schools

Terry Fox
Public161 Sawmill Valley Drive, Newmarket, Ontario, L3X 2T1
5.3
St John Chrysostom
Public800 Joe Persechini Drive, Newmarket, Ontario, L3X 2S6
6.5
Clearmeadow
Public200 Clearmeadow Boulevard, Newmarket, Ontario, L3X 2E4
6.0
Armitage Village
Public125 Savage Road, Newmarket, Ontario, L3X 1R1
6.3
St Nicholas
Public480 Keith Avenue, Newmarket, Ontario, L3X 1V5
6.9

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Summerhill Estates, Newmarket Demographic Home information

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.