281 London Road, Newmarket, ON

$1,025,000
MLS#:N10431894
3 beds
2 baths
8.0 parking
Residential Freehold
281 London Road, Newmarket, ON L3Y 6L3
⚠️

Property no longer active

This property was sold on November 28, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,025,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 50 x 110 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Storage, Sump Pump, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this beautifully renovated 3-bedroom family home nestled in the sought-after Bristol-London Road neighborhood. Perfectly located, you're just moments from Yonge Streets vibrant shopping, top-rated public and Catholic schools, and convenient commuter access to both Highway 404 and 400 via Green Lane. Step inside to find a stunning open-concept main level featuring a custom-designed kitchen with a spacious island, ideal for entertaining or family meals. Gleaming hardwood floors flow throughout the main and upper levels, while custom closet organizers in the bedrooms offer stylish functionality. The updated bathrooms provide modern comfort, and the finished basement with a cold cellar adds extra living space. Outside, an oversized double-car garage and a large rear deck await, overlooking a pool-sized backyard ready for your summer oasis. This turnkey home truly has it all: comfort, convenience, and timeless style. Don't miss your chance to make this ideal family home your own!

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Property Summary

This detached home located at 281 London Road, Newmarket is currently for sale and has been available on SousaSells for 624 days. This property is listed at $1,025,000 with an estimated mortgage of $3,412* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 281 London Road, Newmarket is in the Bristol-London neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bristol-London, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • Desirable Detached architecture in Bristol-London, Newmarket
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Newmarket.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 28, 2024
Sold price information is available to members only
Listed Date11/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished
Lot Size50 × 110 Feet
CountyYork
Annual Tax$4,364.81
Legal DescriptionPCL 283-1 SEC M68; LT 283 PL M68 ; NEWMARKET

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • School

Interior Features

  • Storage
  • Sump Pump
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 281 London Road, Newmarket, ON

Q.What is the asking price for 281 London Road, Newmarket, ON ?

The current listing price for 281 London Road, Newmarket, ON in Bristol-London, Newmarket is $1,025,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms.

Q.What property type and architectural style is 281 London Road, Newmarket, ON ?

281 London Road, Newmarket, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What key property features does 281 London Road, Newmarket, ON offer?

Key property features include: School.

Q.What interior features are included in this home?

Interior highlights include: Storage, Sump Pump, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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281 London Road, Newmarket, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 281 London Road, Newmarket, ON L3Y 6L3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate4.00%
Down Payment$307,500 (30.0%)
* Minimum Canadian down payment required for this price is $205,000.
Amortization Period30 Years
Estimated Monthly Payment$3,412Based on a loan of $717,500 over 30 years.
Purchase Price$1,025,000
Loan Amount$717,500
Provincial Land Transfer Tax:$16,975
Total Estimated Closing Taxes:$16,975

About Purchasing a Home in Newmarket, ON

For a property listed at $1,025,000 in Newmarket, the legal minimum down payment is $205,000 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 $16,975 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 $16,975.

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Bristol-London, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bristol-London, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$958,173

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Bristol-London, Newmarket

Elementary Schools

Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Denne
Public330 Burford Street, Newmarket, Ontario, L3Y 6L1
5.0
Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Meadowbrook
Public233 Patterson Street, Newmarket, Ontario, L3Y 3L5
4.7

Secondary Schools

Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Bristol-London, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.