Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,900 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.
Spacious detached 4-level backsplit on a deep 48.58 ft x 183.83 ft lot with 4 bedrooms and a functional family-friendly layout. Hardwood flooring runs through the living and dining rooms, family room, and bedrooms, with ceramic flooring in the kitchen and breakfast area. Open concept living/dining area. Spacious family room with gas fireplace and walkout to the backyard. Kitchen/breakfast area also features a walkout to the yard. Approx. 1,895 sq. ft. above grade, as per MPAC. Exceptional lot depth offers strong potential for renovation, expansion, or a future custom rebuild, subject to buyer due diligence and municipal approvals. Close to parks, schools, trails, GO Transit, and Hwy 404. Exterior photos edited to remove temporary debris/vehicles. Interior photos taken prior to current tenancy when property was vacant.
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This detached home located at 505 London Road, Newmarket is currently for sale and has been available on SousaSells for 0 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 505 London Road, Newmarket is in the Bristol-London neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 505 London Road, Newmarket, ON L3Y 6E4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $749,900 in Newmarket, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.