551 Somerville Drive, Newmarket, ON
Property no longer active
This property was sold on September 22, 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 Stonehaven-Wyndham. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,689,000 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.
- 4 Bedrooms and 4 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 40.03 x 107.73 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free, Central Vacuum, Ventilation System
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Gorgeous 4-bedrooms, 3.5-bathrooms detached home in the prestigious Stonehaven community of Newmarket. Spanning over 3,500 sq. Ft. above grade, this stunning residence features an open concept layout, modern finishes, KitchenAid appliances, 36" gas cooktop. 10ft ceilings on the main floor, 9ft ceilings on the second floor, and hardwood flooring throughout both levels with builder upgrade. Ideal for families, it offers a gourmet kitchen with a convenient serving area, a spacious and bright master suite with two oversized walk-in closets, a main-floor library room with elegant French door, and a versatile open-concept family entertainment space on the second floor. Double car garage for four cars in the driveway- no sidewalk. Strategically located near Hwy 404, the newly opened Costco, supermarkets, high-ranked public & private schools, Magna community Center and parks, this home blends elegance, functionality, and convenience in a sought-after family-friendly neighborhood.
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Property Summary
This detached home located at 551 Somerville Drive, Newmarket is currently for sale and has been available on SousaSells for 321 days. This property is listed at $1,689,000 with an estimated mortgage of $5,622* per month. It has 4 beds, 4 bathrooms, and is 3500-5000 square feet. 551 Somerville Drive, Newmarket is in the Stonehaven-Wyndham neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Stonehaven-Wyndham, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Stonehaven-Wyndham, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Central Vacuum
- Ventilation System
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 551 Somerville Drive, Newmarket, ON
Q.What is the asking price for 551 Somerville Drive, Newmarket, ON ?
The current listing price for 551 Somerville Drive, Newmarket, ON in Stonehaven-Wyndham, Newmarket is $1,689,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 551 Somerville Drive, Newmarket, ON ?
551 Somerville Drive, Newmarket, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Central Vacuum, Ventilation System.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Built-In).
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 551 Somerville Drive, Newmarket, ON L3X 0K2
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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 $1,689,000 in Newmarket, the legal minimum down payment is $337,800 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 $30,255 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 $30,255.
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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.