543 Timothy Street, Newmarket, ON
Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $698,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 900-999 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Brick & Beam, Carpet Free
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
Welcome to the sought-after Timothy Lofts in the heart of Newmarket! This 900+ sq ft stylish 1+den/office condo offers the perfect blend of modern loft living, convenience, and lifestyle. Ideal for working professionals, first-time buyers, or commuters. This beautifully designed unit features an open concept layout, exposed brick walls with wood beams, wall to wall windows and two parking spots. It is located just steps from vibrant Main Street Newmarket, where you will find cafés, restaurants, shops, trails, and year-round community events like the farmers market. Walking distance to Southlake Regional Hospital and easy access to transit and commuting routes to downtown Toronto. The building features exceptional amenities, including a fully equipped gym, rooftop terrace with BBQ's, theatre room, games room with pool table, and tons of visitor parking. Monthly maintenance fees conveniently include internet, cable, hydro, heat, water, and sewage with no extra utility costs to worry about besides your property taxes. Experience the downtown lifestyle without the downtown cost of living in one of Newmarket's most desirable condo communities.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Public Transit, Ravine, Wooded/Treed
Interior Features
Brick & Beam, Carpet Free
Security Features
Community Features
Location
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 543 Timothy Street 302, Newmarket, ON L3Y 1R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $698,000 in Newmarket, the legal minimum down payment is $44,800 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 $10,435 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 $10,435.
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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.