520 Silken Laumann Drive, Unit 9, Newmarket, ON

$795,900
MLS#:N9262299
2 beds
2 baths
1800-1999 sqft
2.0 parking
Residential Condo & Other
520 Silken Laumann Drive W 9, Newmarket, ON L3X 2S7
⚠️

Property no longer active

This property was sold on November 29, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo townhouse located in the coveted neighborhood of Stonehaven-Wyndham. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $795,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This home is meticulously maintained, bright, open concept, has just over 1800sqft of living space. Master suite features separate his/her walk in closets and large bathroom ensuite with separate shower and soaker tub, you can enhance your own style. Harwood floors in living and dining room, looks over St. Andrews Golf Course at the back, a nice balcony to sit outside, and 2, yes two garage parking spots.

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Property Summary

This townhouse located at 520 Silken Laumann Drive, Newmarket is currently for sale and has been available on SousaSells for 717 days. This property is listed at $795,900 with an estimated mortgage of $2,649* per month. It has 2 beds, 2 bathrooms, and is 1800-1999 square feet. 520 Silken Laumann Drive, Newmarket is in the Stonehaven-Wyndham 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 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Stonehaven-Wyndham, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1800-1999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Newmarket.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 29, 2024
Sold price information is available to members only
Listed Date8/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$4,130.52

Parking & Garage

Parking Total2.0
Parking Space0
Garage TypeDetached

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 520 Silken Laumann Drive, Unit 9, Newmarket, ON

Q.What is the asking price for 520 Silken Laumann Drive, Unit 9, Newmarket, ON ?

The current listing price for 520 Silken Laumann Drive, Unit 9, Newmarket, ON in Stonehaven-Wyndham, Newmarket is $795,900.

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

This property features 2 bedrooms and 2 bathrooms across approximately 1800-1999 sqft.

Q.What property type and architectural style is 520 Silken Laumann Drive, Unit 9, Newmarket, ON ?

520 Silken Laumann Drive, Unit 9, Newmarket, ON is a Condo Townhouse (Apartment) featuring a None 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 2.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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520 Silken Laumann Drive, Unit 9, 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 520 Silken Laumann Drive W 9, Newmarket, ON L3X 2S7

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$238,770 (30.0%)
* Minimum Canadian down payment required for this price is $54,590.
Amortization Period30 Years
Estimated Monthly Payment$2,649Based on a loan of $557,130 over 30 years.
Purchase Price$795,900
Loan Amount$557,130
Provincial Land Transfer Tax:$12,393
Total Estimated Closing Taxes:$12,393

About Purchasing a Home in Newmarket, ON

For a property listed at $795,900 in Newmarket, the legal minimum down payment is $54,590 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 $12,393 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 $12,393.

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Stonehaven-Wyndham, Newmarket Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,851,092

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 Stonehaven-Wyndham, Newmarket

Elementary Schools

Stonehaven
Public875 Stonehaven Avenue, Newmarket, Ontario, L3X 2K3
6.1
Notre Dame
Public715 Kingsmere Avenue, Newmarket, Ontario, L3X 1L4
6.8
Bogart
PublicNewmarket, Ontario, L3Y 0A5
8.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9

Secondary Schools

Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Stonehaven-Wyndham, 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.