198 Forsyth Road, Newmarket, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $985,000 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
- Generous living space spanning 1500-2000 sqft on a premium 39.4 x 111.94 ft lot
- Features a finished with walk-out 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: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
*** Receive $30,000 back on closing, conditions apply.+ Spend any way you wish. This should be enough to convert the already finished basement into a self enclosed apartment if you wish. *** This beautifully upgraded home offers an exceptional combination of luxury, technology, functionality, and outdoor living. Featuring custom finishes, extensive smart-home technology, major infrastructure upgrades, an incredible "Garage Paradise," and a beautifully landscaped backyard oasis. Be advised that the basement can be reconfigured and made into a rental unit with: private entrance; laundry; 4 piece bath; 1 bedroom; great room; kitchen; and storage. Seller is motivated as they need to move areas for family reasons. NOTE: Rogh-in plumbing and electrical already in the basement. And Seller will provide ideas for upstairs laundry and having basement laundry. So fully containted basement 1 bedroom aprtment to generate rental income. With possible private backyard deck for the basement apartment only. And still plenty of room for the outdoor oasis for the main house.
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Property Summary
This detached home located at 198 Forsyth Road, Newmarket is currently for sale and has been available on SousaSells for 18 days. This property is listed at $985,000 with an estimated mortgage of $3,279* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 198 Forsyth Road, Newmarket is in the Bristol-London neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Bristol-London, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Bristol-London, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Auto Garage Door Remote
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 198 Forsyth Road, Newmarket, ON
Q.What is the asking price for 198 Forsyth Road, Newmarket, ON ?
The current listing price for 198 Forsyth Road, Newmarket, ON in Bristol-London, Newmarket is $985,000.
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 198 Forsyth Road, Newmarket, ON ?
198 Forsyth Road, Newmarket, ON is a Detached (2-Storey) featuring a Finished with Walk-Out basement.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote.
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.
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Pricing & Value Insights
Data-driven valuation for 198 Forsyth Road, Newmarket, ON L3Y 7Y1
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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 $985,000 in Newmarket, the legal minimum down payment is $73,500 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 $16,175 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 $16,175.
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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.