525 Binns Avenue, Newmarket, ON

$1,948,000
MLS#:N12076248
6 beds
5 baths
3500-5000 sqft
7.0 parking
Residential Freehold
525 Binns Avenue, Newmarket, ON L3X 1T8
⚠️

Property no longer active

This property was sold on June 4, 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 Glenway Estates. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,948,000 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.

  • 6 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 62.98 x 141.83 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, ERV/HRV
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

An Exquisite Move-In Ready Residence Designed for Effortless Living and Entertaining. Truly a stunning home that blends sophisticated design with luxurious functionality. The moment you step inside, you're greeted by a spacious open-concept layout, gleaming hardwood floors, pot lights and an abundance of natural light streaming through oversized windows. Integrated vents and automated window coverings add both comfort and convenience. The dramatic foyer and living room has soaring 16-ft. ceilings and expansive windows that seamlessly connect the indoors with the outdoors, creating a bright and airy atmosphere. Perfectly designed for hosting, the open-concept dining area flows into the family room & gourmet kitchen, making entertaining effortless & enjoyable. A chefs dream, the kitchen features a striking oversized stone waterfall island with seating for four and a beverage fridge. Enjoy thoughtful details such as built-in speakers, under-cabinet valance lighting, pull-out drawers, floor-to-ceiling cabinetry, a built-in KitchenAid fridge/freezer, six-burner gas stove with oven w/pot filler faucet & picturesque views of the backyard. A beautifully designed mudroom with access to the side yard offers Caesarstone countertops and backsplash, crown moulding, a built-in bench & storage. Retreat to the serene & spacious primary suite, complete with a sunken sleeping area, generous sitting space, His & Hers closets & a spa-inspired ensuite bath. The finished lower level extends your living space, offering a large recreation room, two additional bedrooms, ample storage & endless flexibility for your lifestyle. The beautifully landscaped rear grounds is an oasis & feature a glass-enclosed inground pool, expansive deck with oversized pavers perfect for lounging & outdoor dining, a dedicated play area with a storage shed & enhanced ambiance thanks to nightscape lighting, Armour rocks & built-in outdoor speakers. Power of Sale; "As-is Where-is condition"

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Property Summary

This detached home located at 525 Binns Avenue, Newmarket is currently for sale and has been available on SousaSells for 483 days. This property is listed at $1,948,000 with an estimated mortgage of $6,484* per month. It has 6 beds, 5 bathrooms, and is 3500-5000 square feet. 525 Binns Avenue, Newmarket is in the Glenway Estates 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 6 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Glenway Estates, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 6 spacious bedroom layout offering versatile living space
  • 5 well-appointed bathrooms
  • 3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
6
Bathrooms
5
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 3, 2025
Sold price information is available to members only
Listed Date4/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size62.98 × 141.83 Feet
CountyYork
Annual Tax$8,938
Legal DescriptionPCL 8-1 SEC 65M2746; LT 8 PL 65M2746; S/T LT606785 NEWMARKET

Parking & Garage

Parking Total7.0
Parking Space5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • School
  • Place Of Worship
  • Park
  • Library
  • Fenced Yard
  • Rec./Commun.Centre

Interior Features

  • Auto Garage Door Remote
  • Central Vacuum
  • ERV/HRV
  • Water Heater

Security Features

  • Security System

Community Features

None listed

Frequently Asked Questions about 525 Binns Avenue, Newmarket, ON

Q.What is the asking price for 525 Binns Avenue, Newmarket, ON ?

The current listing price for 525 Binns Avenue, Newmarket, ON in Glenway Estates, Newmarket is $1,948,000.

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

This property features 6 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 525 Binns Avenue, Newmarket, ON ?

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

Q.What key property features does 525 Binns Avenue, Newmarket, ON offer?

Key property features include: School, Place Of Worship, Park, Library, Fenced Yard, Rec./Commun.Centre.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Central Vacuum, ERV/HRV, Water Heater.

Q.What security features are installed at 525 Binns Avenue, Newmarket, ON ?

Security features include: Security System.

Q.Is parking available at this property?

Yes, this property offers parking space for 7.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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525 Binns 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 525 Binns Avenue, Newmarket, ON L3X 1T8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$584,400 (30.0%)
* Minimum Canadian down payment required for this price is $389,600.
Amortization Period30 Years
Estimated Monthly Payment$6,484Based on a loan of $1,363,600 over 30 years.
Purchase Price$1,948,000
Loan Amount$1,363,600
Provincial Land Transfer Tax:$35,435
Total Estimated Closing Taxes:$35,435

About Purchasing a Home in Newmarket, ON

For a property listed at $1,948,000 in Newmarket, the legal minimum down payment is $389,600 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 $35,435 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 $35,435.

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Glenway Estates, Newmarket Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,137,540

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 Glenway Estates, Newmarket

Elementary Schools

Crossland
Public255 Brimson Drive, Newmarket, Ontario, L3X 1H8
6.2
Alexander Muir
Public75 Ford Wilson Boulevard, Newmarket, Ontario, L3X 3G1
7.0
St Nicholas
Public480 Keith Avenue, Newmarket, Ontario, L3X 1V5
6.9
Clearmeadow
Public200 Clearmeadow Boulevard, Newmarket, Ontario, L3X 2E4
6.0
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6

Glenway Estates, 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.