176 Park Avenue, Newmarket, ON

$1,999,000
MLS#:N12264657
5 beds
4 baths
2000-2500 sqft
5.0 parking
Residential Freehold
176 Park Avenue, Newmarket, ON L3Y 1V1
⚠️

Property no longer active

This property was sold on November 4, 2025. 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 stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,999,000 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.

  • 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 65 x 160.04 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Brick & Beam, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 176 Park Avenue in highly sought-after central Newmarket!A premier address just a short walk to Newmarkets vibrant downtown*Exceptional Custom Home w/Luxury Finishes on one of the finest lots in the area*Featuring hand-scraped oak hardwood floors,extensive crown/trim and solid oak doors throughout-this residence blends classic charm w/modern convenience*The oak-domed ceiling in the dining room, oak beams in the kitchen and family room and a stunning custom stone fireplace set the tone for refined living*The gourmet kitchen boasts solid maple cabinets,pot filler,built-in appliances,stone countertops, ceramic backsplash and a solid oak barn door leading to a functional laundry room*A trayed ceiling elevates the master bedroom which also offers his/hers walk-in closets and luxurious ensuite*Bedrooms 2 and 3 share a Jack & Jill bathroom-perfect for family living*Bedroom 4(presently used as office)boasts high-end built-in cabinetry and a walkout to spectacular pool and entertaining area*Enjoy year-round comfort with 2 gas fireplaces and an electric fireplace in the fully finished basement which also includes a complete 1-bedroom in-law suite with a mini-putt course*Add a main-floor golf practice facility (easily transformed back to deep garage)-ideal for enthusiasts*Outdoor living is just as impressive with two custom porticos,a maintenance-free backyard including artificial turf,stucco/stone pool house,outdoor shower,natural gas fire table,warm south exposure,inground pool,extensive multi-level stone work/landscaping and an outdoor kitchen featuring a built-in BBQ,sink and fridge*The new pool heater and liner (2024) ensure summer-ready enjoyment complemented by an inground irrigation system for front yard*Additional features include Custom solid oak front door/garage door, extensive exterior timber work, maint free casement windows and high-end Rubber roof with 50-year warranty*This is a Must See for families and entertaining!

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Property Summary

This detached home located at 176 Park Avenue, Newmarket is currently for sale and has been available on SousaSells for 398 days. This property is listed at $1,999,000 with an estimated mortgage of $6,654* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 176 Park Avenue, Newmarket is in the Central Newmarket 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 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 8, 2025
Sold price information is available to members only
Listed Date7/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Stucco (Plaster)
BasementFinished
Lot Size65 × 160.04 Feet
CountyYork
Annual Tax$7,315
Legal DescriptionLT 12 PL 482 NEWMARKET

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Golf
  • Level
  • Park
  • Wooded/Treed

Interior Features

  • Brick & Beam
  • In-Law Capability
  • Primary Bedroom - Main Floor

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 176 Park Avenue, Newmarket, ON

Q.What is the asking price for 176 Park Avenue, Newmarket, ON ?

The current listing price for 176 Park Avenue, Newmarket, ON in Central Newmarket, Newmarket is $1,999,000.

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

This property features 5 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 176 Park Avenue, Newmarket, ON ?

176 Park Avenue, Newmarket, ON is a Detached (Bungalow) featuring a Finished basement.

Q.What key property features does 176 Park Avenue, Newmarket, ON offer?

Key property features include: Fenced Yard, Golf, Level, Park, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Brick & Beam, In-Law Capability, Primary Bedroom - Main Floor.

Q.What security features are installed at 176 Park Avenue, Newmarket, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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176 Park Avenue, 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 176 Park Avenue, Newmarket, ON L3Y 1V1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$599,700 (30.0%)
* Minimum Canadian down payment required for this price is $399,800.
Amortization Period30 Years
Estimated Monthly Payment$6,654Based on a loan of $1,399,300 over 30 years.
Purchase Price$1,999,000
Loan Amount$1,399,300
Provincial Land Transfer Tax:$36,455
Total Estimated Closing Taxes:$36,455

About Purchasing a Home in Newmarket, ON

For a property listed at $1,999,000 in Newmarket, the legal minimum down payment is $399,800 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 $36,455 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 $36,455.

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Central Newmarket, Newmarket Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,701

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 Central Newmarket, Newmarket

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, 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.