543 Timothy Street, Newmarket, ON
Property no longer active
This property was sold on July 12, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $599,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free, Storage
- equipped with central air central cooling and highly efficient radiant heating via gas
Description
Discover a rare and stunning one-bedroom loft in the heart of Newmarket at the historic Newmarket Specialty Lofts. Just a 5-minute walk from Main Street's vibrant restaurants, shops, and breweries, this exceptional condo boasts an open-concept floor plan with exposed brick and beams, and soaring ceilings. The spacious unit features oversized windows, 15' Ceiling filling the space with natural light and an unobstructed west view. The designer kitchen offers granite countertops and stainless steel appliances, while the bedroom includes a large walk-in closet and a 4-piece semi-ensuite bathroom. This immaculate loft also features wide plank flooring, 700 square feet of open living space, and access to amenities such as a gym, theater room, and a terrace on the 2nd floor with barbecues. Additional amenities include a party room, boardroom, and lounge area. For outdoor enthusiasts, Fairy Lake and the Tom Taylor Trail are just steps away. The unit includes one parking space and one locker. Condo fees are all-inclusive of utilities. Don't miss the opportunity to live in Newmarket's most coveted condo building!
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Property Summary
This condo apartment located at 543 Timothy Street, Newmarket is currently for sale and has been available on SousaSells for 787 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 543 Timothy Street, Newmarket is in the Central Newmarket neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central Newmarket, Newmarket.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 543 Timothy Street, Newmarket, ON
Q.What is the asking price for 543 Timothy Street, Newmarket, ON ?
The current listing price for 543 Timothy Street, Newmarket, ON in Central Newmarket, Newmarket is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 700-799 sqft.
Q.What property type and architectural style is 543 Timothy Street, Newmarket, ON ?
543 Timothy Street, Newmarket, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 543 Timothy Street 308, 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 $599,000 in Newmarket, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.