220 Thoms Crescent, Newmarket, ON

$999,000
MLS#:N9512272
5 beds
3 baths
1100-1500 sqft
3.0 parking
Residential Freehold
220 Thoms Crescent, Newmarket, ON L3Y 1E1
⚠️

Property no longer active

This property was sold on November 5, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 37.5 x 100 ft lot
  • Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your dream income property! This charming 3-bedroom house boasts an additional 2 lower level bedrooms, making it an ideal investment opportunity or a spacious family home. 3 full baths, 2 separate laundry facilities. Nestled in a prime location close to shops and schools, convenience meets comfort in this renovated gem. Step inside to discover a modern haven featuring a sleek kitchen complete with quartz countertops and a convenient Peninsula. New floors throughout add a touch of contemporary elegance while ensuring easy maintenance for bus lifestyles. The lower level surprises with an in-law suite, providing separate living quarters for extended family or rental potential. New Appliances, New hot water tank, New furnace.

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Property Summary

This detached home located at 220 Thoms Crescent, Newmarket is currently for sale and has been available on SousaSells for 650 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 220 Thoms Crescent, 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 3 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
  • 3 well-appointed bathrooms
  • 1100-1500 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
3
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 5, 2024
Sold price information is available to members only
Listed Date10/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementApartment, Finished
Lot Size37.5 × 100 Feet
CountyYork
Annual Tax$4,029
Legal DescriptionPCL 125-2 SESC M1446; PT LT 125 PL M1446 LYING TO THE E OF THE WLY 37.50 FEET IN PERPENDICULAR WIDTH THOUGHOUT FROM FRONT TO REAR OF LT 125; T/W ROW FOR ALL THOSE NOW AND HEREAFTER ENTITLED THERETO OVER THAT PT OF SAID LT 12 ON SAID PL M1446, DESIGNATED AS PT 372 ON PL 66R6035; T/W ROW FOR ALL THOSE NOW AND HEREAFTER ENTITLED THERETO OVER THAT PT OF LT 126 ON SAID PL M1446 DESIGNATED AS PT 375 ON SAID PL 66R6035; S/T RTOW IN FAVOUR

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Hospital
  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre

Interior Features

  • Auto Garage Door Remote
  • Carpet Free
  • Central Vacuum
  • Floor Drain
  • In-Law Capability
  • Primary Bedroom - Main Floor
  • Water Heater Owned
  • Water Meter

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 220 Thoms Crescent, Newmarket, ON

Q.What is the asking price for 220 Thoms Crescent, Newmarket, ON ?

The current listing price for 220 Thoms Crescent, Newmarket, ON in Central Newmarket, Newmarket is $999,000.

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 220 Thoms Crescent, Newmarket, ON ?

220 Thoms Crescent, Newmarket, ON is a Detached (Bungalow-Raised) featuring a Apartment, Finished basement.

Q.What key property features does 220 Thoms Crescent, Newmarket, ON offer?

Key property features include: Fenced Yard, Hospital, Library, Park, Public Transit, Rec./Commun.Centre.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free, Central Vacuum, Floor Drain, In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter.

Q.What security features are installed at 220 Thoms Crescent, Newmarket, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 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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220 Thoms 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 220 Thoms Crescent, Newmarket, ON L3Y 1E1

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$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Newmarket, ON

For a property listed at $999,000 in Newmarket, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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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.