287 McBride Crescent, Newmarket, ON
Property no longer active
This property was sold on April 10, 2025. 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 Summerhill Estates. Expertly crafted featuring premium brick 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 31.99 x 109.9 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Investors or buyers looking for a legal basement apartment - this is the one!Summerhill South Detached 4 Bedroom Home + Registered Basement Apartment! Beautiful and well-maintained 4 bedroom home with a great layout, fantastic fenced backyard off the kitchen and in move-in ready condition! Primary bedroom features a large ensuite and large walk-in closet. Additional upper bedrooms are all a good size with new broadloom just laid. Newer main floor kitchen appliances (all 2019), new furnace (January 2025), Roof shingles replaced in 2021, Beautiful quaint backyard with a large deck (2022) and garden shed. Basement apartment converted to registered ADU with the Town of Newmarket in 2020, complete with separate entrance and separate laundry room. Plenty of parking for everyone. 1900 sqft above grade (as per MPAC ) and approx 725 sqft lower = approx 2,600 sqft total finished living space! This home is ideally located minutes to multiple schools, public transit lines, groceries, shopping and ideally situated between the HWYS 400 AND 404. Location does not get better than this. Fair market value for a basement apartment in this area is in the $1400-$1500/mo range. This home is Move in ready and will not disappoint. Apartment is currently not tenanted and vacant possession is guaranteed.
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Property Summary
This detached home located at 287 McBride Crescent, Newmarket is currently for sale and has been available on SousaSells for 489 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 287 McBride Crescent, Newmarket is in the Summerhill Estates neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Summerhill Estates, Newmarket.
- •5 spacious bedroom layout offering versatile living space
- •4 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
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 287 McBride Crescent, Newmarket, ON
Q.What is the asking price for 287 McBride Crescent, Newmarket, ON ?
The current listing price for 287 McBride Crescent, Newmarket, ON in Summerhill Estates, Newmarket is $1,250,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 287 McBride Crescent, Newmarket, ON ?
287 McBride Crescent, Newmarket, ON is a Detached (2-Storey) featuring a Apartment, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 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 287 McBride Crescent, Newmarket, ON L3X 2W3
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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.