388 Waratah Avenue, Newmarket, ON

$1,288,000
MLS#:N11923689
4 beds
4 baths
4.0 parking
Residential Freehold
388 Waratah Avenue, Newmarket, ON L3Y 7T6
⚠️

Property no longer active

This property was sold on February 5, 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 Huron Heights-Leslie Valley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,288,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 54.99 x 100 ft lot size
  • 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Exceptional Location in the most Sought out Community of Leslie Valley. Professionally Renovated, Never Lived in Since, Open Concept; 3+1 Bedroom and 3+1 bath family home boosts beautiful high-end finishes, Brand New Shingles, Eavesdrop, Downspout and Flashing, Brand New A/C, Brand New Tankless Water Heater, Brand New Hardwood Flooring Thru-Out, Pot-lights Thru-Out Main Floor, Second Floor and Finished Basement, Brand New Kitchen w/Quartz backsplash and Yes! an Oversized Center Island that acts like a dining table with Quartz Countertop, Brand New Appliances and much more....Feels like a Brand New Home. Eat In Kitchen Walks Out To a Large Backyard with Patio and Inground Pool with Diving Board and Water Slide. Renovated with Drawings and Permit. Steps to School and Conveniently Located to Amenities, Shopping, Hospital and 404.

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Property Summary

This detached home located at 388 Waratah Avenue, Newmarket is currently for sale and has been available on SousaSells for 570 days. This property is listed at $1,288,000 with an estimated mortgage of $4,287* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 388 Waratah Avenue, Newmarket is in the Huron Heights-Leslie Valley 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 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Huron Heights-Leslie Valley, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • Desirable Detached architecture in Huron Heights-Leslie Valley, Newmarket
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Huron Heights-Leslie Valley, Newmarket.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 5, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size54.99 × 100 Feet
CountyYork
Annual Tax$4,920
Legal DescriptionPcl 20-1 Sec 65M2398; Lt 20 Pl 65Mz398: S/T Right*

Parking & Garage

Parking Total4.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Hospital
  • Park
  • School

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 388 Waratah Avenue, Newmarket, ON

Q.What is the asking price for 388 Waratah Avenue, Newmarket, ON ?

The current listing price for 388 Waratah Avenue, Newmarket, ON in Huron Heights-Leslie Valley, Newmarket is $1,288,000.

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

This property features 4 bedrooms and 4 bathrooms.

Q.What property type and architectural style is 388 Waratah Avenue, Newmarket, ON ?

388 Waratah Avenue, Newmarket, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What key property features does 388 Waratah Avenue, Newmarket, ON offer?

Key property features include: Fenced Yard, Hospital, Park, School.

Q.What interior features are included in this home?

Interior highlights include: Other.

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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388 Waratah Avenue, 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 388 Waratah Avenue, Newmarket, ON L3Y 7T6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$386,400 (30.0%)
* Minimum Canadian down payment required for this price is $257,600.
Amortization Period30 Years
Estimated Monthly Payment$4,287Based on a loan of $901,600 over 30 years.
Purchase Price$1,288,000
Loan Amount$901,600
Provincial Land Transfer Tax:$22,235
Total Estimated Closing Taxes:$22,235

About Purchasing a Home in Newmarket, ON

For a property listed at $1,288,000 in Newmarket, the legal minimum down payment is $257,600 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 $22,235 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 $22,235.

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Huron Heights-Leslie Valley, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Huron Heights-Leslie Valley, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,524,319

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 Huron Heights-Leslie Valley, Newmarket

Elementary Schools

Meadowbrook
Public233 Patterson Street, Newmarket, Ontario, L3Y 3L5
4.7
Glen Cedar
Public915 Wayne Drive, Newmarket, Ontario, L3Y 5W1
3.6
St Elizabeth Seton
Public960 Leslie Valley Drive, Newmarket, Ontario, L3Y 8B3
5.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Denne
Public330 Burford Street, Newmarket, Ontario, L3Y 6L1
5.0

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6

Huron Heights-Leslie Valley, 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.