296 Court Street, Newmarket, ON

$799,900
MLS#:N12078060
3 beds
1 baths
1100-1500 sqft
3.0 parking
Residential Freehold
296 Court Street, Newmarket, ON L3Y 3S5
⚠️

Property no longer active

This property was sold on May 8, 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 Gorham-College Manor. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $799,900 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 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 110 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Meter, Workbench
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Traditional 3 bedroom family home situated in downtown Newmarket (Gorham-College Manor). Just an incredible location situated just steps from restaurants and shops in the traditional downtown area and very close to Fairy Lake Park (Riverfront Walk) which includes Tom Taylor walking trail and the Wesley Brooks Memorial Conservation area. The front foyer entrance of this home leads to a large main living area with traditional fireplace and hardwood flooring throughout, bright dining area and refreshed main floor eat-in kitchen with vinyl plank flooring. Solid staircase leads to the upper level 3 bedrooms (hardwood) and 4 pc bathroom. Lower level is unfinished but has; numerous windows, concrete floor, good ceiling height, workshop with bench and laundry facilities. Forced air gas furnace and updated electrical. Very good bones in this fully detached home with long single paved drive, rear patio sitting area overlooking a nice backyard with no one directly behind. Great opportunity to enjoy a traditional family home in an extremely desired area of Newmarket, ON.

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Property Summary

This detached home located at 296 Court Street, Newmarket is currently for sale and has been available on SousaSells for 482 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 296 Court Street, Newmarket is in the Gorham-College Manor 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 1 bathroom, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 1100-1500 sqft of generous functional square footage
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
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 8, 2025
Sold price information is available to members only
Listed Date4/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFull, Unfinished
Lot Size40 × 110 Feet
CountyYork
Annual Tax$4,156.55
Legal DescriptionPT LT 6 W/S COURT ST PL 25 NEWMARKET AS IN R118419; S/T BENEFICIARIES INTEREST IN B63760B; NEWMARKET

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Greenbelt/Conservation
  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • Wooded/Treed

Interior Features

  • Water Meter
  • Workbench

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 296 Court Street, Newmarket, ON

Q.What is the asking price for 296 Court Street, Newmarket, ON ?

The current listing price for 296 Court Street, Newmarket, ON in Gorham-College Manor, Newmarket is $799,900.

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

This property features 3 bedrooms and 1 bathroom across approximately 1100-1500 sqft.

Q.What property type and architectural style is 296 Court Street, Newmarket, ON ?

296 Court Street, Newmarket, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.

Q.What key property features does 296 Court Street, Newmarket, ON offer?

Key property features include: Greenbelt/Conservation, Library, Park, Place Of Worship, Public Transit, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Water Meter, Workbench.

Q.What security features are installed at 296 Court Street, Newmarket, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (None).

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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296 Court Street, 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 296 Court Street, Newmarket, ON L3Y 3S5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Newmarket, ON

For a property listed at $799,900 in Newmarket, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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Gorham-College Manor, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gorham-College Manor, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,120,207

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 Gorham-College Manor, Newmarket

Elementary Schools

Bogart
PublicNewmarket, Ontario, L3Y 0A5
8.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Glen Cedar
Public915 Wayne Drive, Newmarket, Ontario, L3Y 5W1
3.6
Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Notre Dame
Public715 Kingsmere Avenue, Newmarket, Ontario, L3X 1L4
6.8

Secondary Schools

Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1

Gorham-College Manor, 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.