504 College Street, Newmarket, ON

$799,900
MLS#:N9011421
4 beds
1 baths
1500-2000 sqft
5.0 parking
Residential Freehold
504 College Street, Newmarket, ON L3Y 1C6
⚠️

Property no longer active

This property was sold on September 4, 2024. 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 Central Newmarket. Expertly crafted featuring premium brick 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.

  • 4 Bedrooms and 1 Bathroom
  • Generous living space spanning 1500-2000 sqft on a premium 60 x 100 ft lot
  • Features a partially finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 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

Beautiful century home on large 60x100ft lot in mature sought after neighbourhood. This quaint home has many upgrades, ensuring a comfortable yet stylish living experience while maintaining charm. It boasts original wide hardwood plank flooring, large baseboards and trim, and the kitchen has been upgraded with quartz countertops and s/s appliances. Lots of room for family or entertaining guests with the newly finished main flr family room with gas f/p and extra bedroom in the basement. 3 piece bathroom boasts claw foot tub. So much potential with the walk-out from the bsmt to the 1 car garage plus lots of storage in the basement. Newer front deck and large unfinished attic awaits your dream space. Most windows have been replaced and new high eff. furnace (2017), A/C (2019), Roof (2020). Prime location with only steps to Wesley Brooks Conservation Area, a 10 min walk to beautiful Fairy Lake, park & walking/biking trails (also trails connecting to Aurora & East Gwillimbury trails). Very close to Pickering College, and just a short scenic walk to the new downtown core. The vibrant core contains Main St. shops, restaurants, cafes and bars. It also hosts weekly farmers market from May-Oct, with a large splash pool that converts to an outdoor skating rink and ice lounge. Only a 1 hour commute by go train to downtown Toronto. So much convenience at your fingertips!! Don't miss out on this one!

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Property Summary

This detached home located at 504 College Street, Newmarket is currently for sale and has been available on SousaSells for 763 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 4 beds, 1 bathroom, and is 1500-2000 square feet. 504 College Street, Newmarket is in the Central Newmarket 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 1 bathroom, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 4, 2024
Sold price information is available to members only
Listed Date7/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementPartially Finished, Walk-Out
Lot Size60 × 100 Feet
CountyYork
Annual Tax$4,191
Legal DescriptionPt Lt 12 E/S Oak St Pl 85 Newmarket; Pt Lt 13 E/S - See Geo for Full Legal Description

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 504 College Street, Newmarket, ON

Q.What is the asking price for 504 College Street, Newmarket, ON ?

The current listing price for 504 College Street, Newmarket, ON in Central Newmarket, Newmarket is $799,900.

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

This property features 4 bedrooms and 1 bathroom across approximately 1500-2000 sqft.

Q.What property type and architectural style is 504 College Street, Newmarket, ON ?

504 College Street, Newmarket, ON is a Detached (2-Storey) featuring a Partially Finished, Walk-Out basement.

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 5.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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504 College 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 504 College Street, Newmarket, ON L3Y 1C6

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.

Configure Loan Settings

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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Central Newmarket, Newmarket Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,701

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 Central Newmarket, Newmarket

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, 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.