261 Queen Street, Newmarket, ON
Property no longer active
This property was sold on November 13, 2025. 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 wood and stone construction, this residence presents an exceptional opportunity offered at $1,250,000 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 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 132 x 100 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None, Air Exchanger, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Situated in Newmarkets coveted downtown district, this meticulously renovated bungalow offers a rare opportunity on a premium lot with no neighbouring homes on either side. Set well back from the street and enhanced by striking updated wood siding, the residence delivers both curb appeal and privacy. The main level presents a sophisticated open-concept design, seamlessly integrating the living, dining, and kitchen areas. Smooth ceilings and 3/4 inch hardwood flooring flow throughout, creating a refined, cohesive aesthetic. Two well-proportioned bedrooms include a primary suite with a luxurious four-piece ensuite and a custom-fitted walk-in closet. The fully finished lower level extends the living space with two additional bedrooms, a generous recreation room, and a dedicated laundry area. Luxury vinyl plank flooring adds durability and style, while a spa-inspired bathroom with a separate soaker tub offers an indulgent retreat. Comprehensive updates completed in 2016 include the roof, windows, hot water tank, and full interior renovations, ensuring modern comfort and efficiency. An oversized single-car garage and an extended driveway provide ample parking and storage. The backyard is equally impressive, featuring a wide, private setting, large deck, mature trees and ample green space perfect for outdoor entertaining, gardening, or simply relaxing in a tranquil, park-like environment. Ideally located within walking distance to Main Streets boutique shops, fine dining, and everyday amenities, this residence combines timeless style, quality craftsmanship, and a premier setting for a truly turnkey lifestyle.
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Property Summary
This detached home located at 261 Queen Street, Newmarket is currently for sale and has been available on SousaSells for 290 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 261 Queen 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 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Public Transit
- Rec./Commun.Centre
- Wooded/Treed
- Park
Interior Features
- None
- Air Exchanger
- Auto Garage Door Remote
- In-Law Capability
- Carpet Free
- Water Softener
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 261 Queen Street, Newmarket, ON
Q.What is the asking price for 261 Queen Street, Newmarket, ON ?
The current listing price for 261 Queen Street, Newmarket, ON in Central Newmarket, Newmarket is $1,250,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 261 Queen Street, Newmarket, ON ?
261 Queen Street, Newmarket, ON is a Detached (Bungalow) featuring a Full, Finished basement.
Q.What key property features does 261 Queen Street, Newmarket, ON offer?
Key property features include: Hospital, Library, Public Transit, Rec./Commun.Centre, Wooded/Treed, Park.
Q.What interior features are included in this home?
Interior highlights include: None, Air Exchanger, Auto Garage Door Remote, In-Law Capability, Carpet Free, Water Softener.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 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 261 Queen Street, Newmarket, ON L3Y 2G1
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 $1,250,000 in Newmarket, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.
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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.