379 Simcoe Street, Newmarket, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey multiplex located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,799,900 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.
- 9 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 66.07 x 146.39 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 17.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment
- Efficient forced air heating via gas
Description
Attention Investors/Landlords!!!.. Welcome to 379 Simcoe St in the heart of Old Newmarket. Turnkey 5 Unit Multiplex that consists of 1 x 3 Bedroom unit Main floor, 1 x 2 Bedroom Unit plus loft second floor, 1 x 2 Bedroom Unit plus loft upper floor , 1 x 1 Bedroom basement Unit and an additional 1 x 1 Bed Basement unit. All units have separate entrances! Shared Coin Laundry in basement. Close to all amenities and transit. Large lot with ample parking for all units in back. Fully tenanted.
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Property Summary
This multiplex located at 379 Simcoe Street, Newmarket is currently for sale and has been available on SousaSells for 127 days. This property is listed at $1,799,900 with an estimated mortgage of $5,991* per month. It has 9 beds, 5 bathrooms, and is 2500-3000 square feet. 379 Simcoe Street, Newmarket is in the Central Newmarket neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 9 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •9 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 379 Simcoe Street, Newmarket, ON
Q.What is the asking price for 379 Simcoe Street, Newmarket, ON ?
The current listing price for 379 Simcoe Street, Newmarket, ON in Central Newmarket, Newmarket is $1,799,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 5 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 379 Simcoe Street, Newmarket, ON ?
379 Simcoe Street, Newmarket, ON is a Multiplex (2 1/2 Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment.
Q.Is parking available at this property?
Yes, this property offers parking space for 17.0 vehicles (Detached).
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 379 Simcoe Street, Newmarket, ON L3Y 2M4
Based on 0 recent similar sales in the pocket.
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 $1,799,900 in Newmarket, the legal minimum down payment is $359,980 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 $32,473 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 $32,473.
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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.