222 Prospect Street, Newmarket, ON
Property no longer active
This property was sold on July 9, 2024. 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50.04 x 119.15 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 detached configuration
- Notable attributes: Water Heater Owned, In-Law Capability, Primary Bedroom - Main Floor
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Adorable 3-bedroom bungalow in highly sought after Old Newmarket. Situated on a 50ft x 119ft lot, just steps to all the action of Main Street & Riverwalk Commons, this renovated home features Hardwood and Engineered floors, Open Concept Kitchen with island & quartz counters, generous bedroom sizes with tall ceilings, a metal roof + much more. The finished lower level has extra room to spread out, or the separate entrance & full washroom can also provides an opportunity for a second suite for in-laws, extended family members, or other. This home does not disappoint, and needs to be seen to be appreciated.
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Property Summary
This detached home located at 222 Prospect Street, Newmarket is currently for sale and has been available on SousaSells for 762 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 222 Prospect 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 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Rec./Commun.Centre
- School
- Park
- Library
- Hospital
Interior Features
- Water Heater Owned
- In-Law Capability
- Primary Bedroom - Main Floor
- Storage
- Workbench
Security Features
- Smoke Detector
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 222 Prospect Street, Newmarket, ON
Q.What is the asking price for 222 Prospect Street, Newmarket, ON ?
The current listing price for 222 Prospect Street, Newmarket, ON in Central Newmarket, Newmarket is $899,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 222 Prospect Street, Newmarket, ON ?
222 Prospect Street, Newmarket, ON is a Detached (Bungalow) featuring a Finished with Walk-Out basement.
Q.What key property features does 222 Prospect Street, Newmarket, ON offer?
Key property features include: Public Transit, Rec./Commun.Centre, School, Park, Library, Hospital.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned, In-Law Capability, Primary Bedroom - Main Floor, Storage, Workbench.
Q.What security features are installed at 222 Prospect Street, Newmarket, ON ?
Security features include: Smoke Detector, Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 222 Prospect Street, Newmarket, ON L3Y 3T9
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 $899,900 in Newmarket, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.
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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.