Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,076,000 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.
Own this charming 2+1-bedroom bungalow situated on a premium oversized 75 x 100 ft. lot in the heart of Central Newmarket! Offering approximately 1,317 sqft. of living space, a built-in garage & parking for five vehicles. A double-door entrance welcomes you into a warm, inviting interior featuring hardwood flooring throughout most of the main level, complemented by coordinating laminate in the hallway & kitchen. The standout cottage-style family room showcases a dramatic vaulted beam ceiling, floor-to-ceiling stone wood-burning fireplace & walkout to an oversized deck overlooking the large, private backyard-perfect for outdoor entertaining. The spacious living & dining areas feature crown moulding & large windows, with the living room offering a second entrance & decorative marble fireplace in as-is condition. The well-equipped kitchen provides abundant cabinetry, ceramic backsplash, stainless steel appliances, built-in countertop range & oven. Both main-floor bedrooms feature large windows & generous closets. The fully finished basement was extensively renovated with new stone-style vinyl flooring, new drywall ceiling, fresh paint, updated electrical wiring, pot lights throughout, new washer & dryer, relocated water heater plumbing & new owned 60-litre Rheem water heater. With a separate entrance, spacious recreation area, bedroom connected to an office with above-grade windows, 3-piece bathroom & an additional bathroom rough-in, the lower level offers excellent in-law or potential income-suite possibilities. Ideally positioned near Yonge Street & everyday conveniences, the home is close to Wesley Brooks Conservation Area, Fairy Lake, Haskett Park & Ray Twinney Recreation Complex, along with Rogers Public School, St. Paul Catholic School, Clearmeadow Public School, Crossland Public School & more. Enjoy quick access to Upper Canada Mall, SilverCity Newmarket, Southlake Hospital, Newmarket GO Station, YRT/Viva Transit & Highway 404 for convenient GTA commuting.
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This detached home located at 261 Carol Avenue, Newmarket is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,076,000 with an estimated mortgage of $3,582* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 261 Carol Avenue, Newmarket is in the Central Newmarket neighborhood.
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* 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.
Families, couples, or downsizers looking for a well-proportioned home in Newmarket.
None listed
The current listing price for 261 Carol Avenue, Newmarket, ON in Central Newmarket, Newmarket is $1,076,000.
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
261 Carol Avenue, Newmarket, ON is a Detached (Bungalow) featuring a Finished, Full, Separate Entrance basement.
Key property features include: Hospital, Library, Park, Public Transit, School, Rec./Commun.Centre.
Interior highlights include: Built-In Oven, Carpet Free, Countertop Range, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Storage, Water Heater Owned, Rough-In Bath, Auto Garage Door Remote.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 5.0 vehicles (Built-In).
Heating is provided via Electric and cooling via None.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 261 Carol Avenue, Newmarket, ON L3Y 4T2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $1,076,000 in Newmarket, the legal minimum down payment is $215,200 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 $17,995 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 $17,995.
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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.