374 Rita's Avenue, Newmarket, ON
Property no longer active
This property was sold on March 25, 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 and stone 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.
- 4 Bedrooms and 3 Bathrooms
- Premium 30.18 x 120.05 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: ERV/HRV
- Efficient forced air heating via gas
Description
For more info on this property, please click the Brochure button. New build by a park! 2,005 sq ft, 4 Bedroom, 2.5 bath, move-in ready home being offered directly by New Era Homes with Tarion New Home Warranty. Located in highly sought after Summerhill community and close to schools, parks, shopping, and transit. Walking distance to future Town Central Park at Yonge & Mulock. Park 2 cars in the driveway. Home has a look-out basement with larger rear windows. Open concept main floor with 9' high, smooth ceilings, pot lights, hardwood and tile flooring. Kitchen has quartz countertop with valence lighting and island. Stained oak stairs to upper floor. Primary Bedroom features walk-in-closet and ensuite with 2 sinks, quartz counter top, bank of drawers, enclosed shower with glass door, and vaulted ceiling.
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Property Summary
This detached home located at 374 Rita's Avenue, Newmarket is currently for sale and has been available on SousaSells for 506 days. This property is listed at $1,399,900 with an estimated mortgage of $4,660* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 374 Rita's Avenue, Newmarket is in the Summerhill Estates neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Summerhill Estates, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •Desirable Detached architecture in Summerhill Estates, Newmarket
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
- Park
- Public Transit
- School
- School Bus Route
- Rec./Commun.Centre
Interior Features
- ERV/HRV
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 374 Rita's Avenue, Newmarket, ON
Q.What is the asking price for 374 Rita's Avenue, Newmarket, ON ?
The current listing price for 374 Rita's Avenue, Newmarket, ON in Summerhill Estates, Newmarket is $1,399,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms.
Q.What property type and architectural style is 374 Rita's Avenue, Newmarket, ON ?
374 Rita's Avenue, Newmarket, ON is a Detached (2-Storey) featuring a Unfinished basement.
Q.What key property features does 374 Rita's Avenue, Newmarket, ON offer?
Key property features include: Park, Public Transit, School, School Bus Route, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: ERV/HRV.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 374 Rita's Avenue, Newmarket, ON L3X 2N1
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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 $1,399,900 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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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.