272 Jeff Smith Court, Newmarket, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $518,888 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 47 x 76 ft lot
- Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient carport configuration
- Notable attributes: On Demand Water Heater, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Land Lease $1290/mo - Age 55+. Rare opportunity to enjoy retirement living in the welcoming enclave of Leisure Valley Retirement Community in Newmarket downtown steps to Riverwalk Commons. A peaceful cul-de-sac community designed exclusively for residents 55+. This thoughtfully upgraded and updated 2-bedroom bungalow offers comfortable single-level living with minimal maintenance, ideal for retirees and downsizers seeking simplicity, security, and connection in a friendly neighbourhood setting. Located in the heart of Newmarket, residents benefit from a vibrant and active community atmosphere. Enjoy live performances at the Newmarket Theatre, explore local history at the Elman W. Campbell Museum, stroll the scenic trails of Fairy Lake Park, or spend time at Riverwalk Commons. With York Region Transit at your door and close proximity to Southlake Regional Health Centre, Main Street shopping, restaurants, and everyday amenities, everything you need is within easy reach. Just 7 minutes to Highway 404. Inside, hardwood flooring flows throughout. The updated senior-friendly bathroom features an oversized walk-in shower with built-in seat, hand shower, and safety grab bars. The spacious custom kitchen offers oak cabinetry and a large centre island with breakfast bar, a dining area with garden door walkout and oversized composite deck with privacy and mature tree views, perfect for quiet mornings or entertaining family and friends for BBQ. Residents enjoy nearby social and recreational activities including curling, cards, walking trails, and community gatherings, supporting an active and engaged lifestyle in a safe, well-maintained setting with private green space for resident use. Pets welcome, subject to landlord approval. Land Lease: $910 per month, Maintenance Fee: $250 per month, Taxes: $130 per month, Total Monthly Cost: $1,290 per month plus utilities (Fees include snow removal, grass cutting and exterior maintenance as per the Lease Agreement.)
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Property Summary
This detached home located at 272 Jeff Smith Court, Newmarket is currently for sale and has been available on SousaSells for 72 days. This property is listed at $518,888 with an estimated mortgage of $1,727* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 272 Jeff Smith Court, Newmarket is in the Gorham-College Manor neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Gorham-College Manor, Newmarket.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Cul de Sac/Dead End
- Greenbelt/Conservation
- Level
- Park
- Public Transit
- School Bus Route
Interior Features
- On Demand Water Heater
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 272 Jeff Smith Court, Newmarket, ON
Q.What is the asking price for 272 Jeff Smith Court, Newmarket, ON ?
The current listing price for 272 Jeff Smith Court, Newmarket, ON in Gorham-College Manor, Newmarket is $518,888.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 272 Jeff Smith Court, Newmarket, ON ?
272 Jeff Smith Court, Newmarket, ON is a Detached (Bungalow) featuring a Unfinished, Full basement.
Q.What key property features does 272 Jeff Smith Court, Newmarket, ON offer?
Key property features include: Cul de Sac/Dead End, Greenbelt/Conservation, Level, Park, Public Transit, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: On Demand Water Heater, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 272 Jeff Smith Court, Newmarket, ON L3Y 8C5
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 $518,888 in Newmarket, the legal minimum down payment is $26,889 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 $6,853 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 $6,853.
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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.