371 Fairway Gardens, Newmarket, ON

$1,399,900
MLS#:N12478470
5 beds
3 baths
2500-3000 sqft
4.0 parking
Residential Freehold
371 Fairway Gardens, Newmarket, ON L3X 1B4
⚠️

Property no longer active

This property was sold on November 3, 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 Glenway Estates. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 59.06 x 137.8 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautifully maintained 2,806 sqft home in the desirable Glenway Estates community of Newmarket, featuring 4+1 bedrooms and exceptional curb appeal with landscaped gardens and interlock steps. The elegant interior offers a formal sunken living room with a vaulted ceiling and French doors, a sophisticated dining room with wainscotting and hardwood floors, and a warm family room with a gas fireplace. The renovated eat-in kitchen showcases quartz countertops, stainless steel appliances, a herringbone backsplash, and direct access to the backyard. Upstairs, the spacious primary suite includes a luxurious 5-piece ensuite with a soaker tub and vaulted ceiling, along with three additional bedrooms and a renovated main bath. The fully finished basement extends the living space with a recreation area, wet bar, fifth bedroom, and ample storage. The large private backyard is an entertainer's paradise with a covered deck, interlock patio, lush greenery and inground salt water pool with updated equipment. Perfectly located near Upper Canada Mall, Yonge Street amenities, top schools, parks, and transit, this home offers the ideal blend of elegance, comfort, and convenience.

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Property Summary

This detached home located at 371 Fairway Gardens, Newmarket is currently for sale and has been available on SousaSells for 287 days. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 371 Fairway Gardens, Newmarket is in the Glenway Estates 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 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Glenway Estates, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Glenway Estates, Newmarket.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 3, 2025
Sold price information is available to members only
Listed Date10/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size59.06 × 137.8 Feet
CountyYork
Annual Tax$8,007.01
Legal DescriptionPCL 53-1 SEC 65M2212; LOT 53 PL 65M2212; T/W PT LT 94 CON 1, PT 1 65R5721 AS IN LT109148 TOWN OF NEWMARKET

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Park
  • Rec./Commun.Centre
  • School
  • Fenced Yard
  • Public Transit

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 371 Fairway Gardens, Newmarket, ON

Q.What is the asking price for 371 Fairway Gardens, Newmarket, ON ?

The current listing price for 371 Fairway Gardens, Newmarket, ON in Glenway Estates, Newmarket is $1,399,900.

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

This property features 5 bedrooms and 3 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 371 Fairway Gardens, Newmarket, ON ?

371 Fairway Gardens, Newmarket, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What key property features does 371 Fairway Gardens, Newmarket, ON offer?

Key property features include: Park, Rec./Commun.Centre, School, Fenced Yard, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 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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371 Fairway Gardens, 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 371 Fairway Gardens, Newmarket, ON L3X 1B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$419,970 (30.0%)
* Minimum Canadian down payment required for this price is $279,980.
Amortization Period30 Years
Estimated Monthly Payment$4,660Based on a loan of $979,930 over 30 years.
Purchase Price$1,399,900
Loan Amount$979,930
Provincial Land Transfer Tax:$24,473
Total Estimated Closing Taxes:$24,473

About Purchasing a Home in Newmarket, ON

For a property listed at $1,399,900 in Newmarket, the legal minimum down payment is $279,980 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 $24,473 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 $24,473.

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Glenway Estates, Newmarket Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,137,540

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 Glenway Estates, Newmarket

Elementary Schools

Crossland
Public255 Brimson Drive, Newmarket, Ontario, L3X 1H8
6.2
Alexander Muir
Public75 Ford Wilson Boulevard, Newmarket, Ontario, L3X 3G1
7.0
St Nicholas
Public480 Keith Avenue, Newmarket, Ontario, L3X 1V5
6.9
Clearmeadow
Public200 Clearmeadow Boulevard, Newmarket, Ontario, L3X 2E4
6.0
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6

Glenway Estates, 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.