242 Vermont Avenue, Newmarket, ON
Property no longer active
This property was sold on May 30, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Summerhill Estates. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $798,800 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 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 20.03 x 87.03 ft lot
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Floor Drain, Carpet Free, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A Rare Opportunity To Own A Premier Freehold Townhouse With No Maintenance Fees In The Highly Sought-After Summerhill Estates Community. Showcasing A Sleek Modern Design, This Exceptional Home Features A Highly Desirable Tandem Double-Car Garage Offering Secure Indoor Parking For Two Vehicles, Plus A Long Private Driveway Accommodating Two Additional Cars - A Rare Total Of 4 Parking Spaces. Filled With Natural Light, The Interior Is Enhanced By Oversized Windows And Three Private Balconies, Creating Multiple Outdoor Retreats To Relax And Unwind. The Thoughtfully Designed Layout Includes A Versatile Den, Ideal For A Sophisticated Home Office Or Easily Converted Into A 4th Bedroom. At The Heart Of The Home Is A Stunning Designer Kitchen Featuring Quartz Countertops, Stainless Steel Appliances, And A Seamless Flow Into The Elegant Living Area Centered Around A Modern Fireplace. Perfectly Located For Both Lifestyle And Education, This Home Is Within Walking Distance To The Prestigious Keith Davis Tennis Centre And Just Minutes From Canada's Top Private Schools, Including St. Andrew's College and St. Anne's School. Enjoy Convenient Access To the Aurora GO Station, Major Grocery Stores, Trendy Restaurants, Parks, And Scenic Nature Trails. 242 Vermont Offers The Perfect Blend Of Luxury, Convenience, And Low-Maintenance Living For Today's Modern Buyer.
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Property Summary
This townhouse located at 242 Vermont Avenue, Newmarket is currently for sale and has been available on SousaSells for 83 days. This property is listed at $798,800 with an estimated mortgage of $2,659* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 242 Vermont Avenue, Newmarket is in the Summerhill Estates neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Summerhill Estates, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Summerhill Estates, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- Rec./Commun.Centre
Interior Features
- Floor Drain
- Carpet Free
- Auto Garage Door Remote
- Water Heater
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 242 Vermont Avenue, Newmarket, ON
Q.What is the asking price for 242 Vermont Avenue, Newmarket, ON ?
The current listing price for 242 Vermont Avenue, Newmarket, ON in Summerhill Estates, Newmarket is $798,800.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 242 Vermont Avenue, Newmarket, ON ?
242 Vermont Avenue, Newmarket, ON is a Att/Row/Townhouse (3-Storey) featuring a Unfinished, Full basement.
Q.What key property features does 242 Vermont Avenue, Newmarket, ON offer?
Key property features include: Public Transit, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Floor Drain, Carpet Free, Auto Garage Door Remote, Water Heater.
Q.What security features are installed at 242 Vermont Avenue, Newmarket, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 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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Pricing & Value Insights
Data-driven valuation for 242 Vermont Avenue, Newmarket, ON L3X 0M6
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 $798,800 in Newmarket, the legal minimum down payment is $54,880 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 $12,451 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 $12,451.
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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.