587 Lydia Street, Newmarket, ON
Property no longer active
This property was sold on June 2, 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 Central Newmarket. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,229,900 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 90 x 130 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Timeless Charm Meets Modern Comfort in the Heart of Downtown Newmarket! Welcome to this beautifully updated historic home, ideally located just steps from the scenic trails of Fairy Lake and the vibrant shops, restaurants, and events of Main Street Newmarket. This one-of-a-kind property blends old-world character with thoughtful modern updates, creating a warm, inviting space thats truly move-in ready. Inside, you'll find gorgeous architectural details that speak to the homes rich heritage, complemented by renovated kitchen & upper bathroom (2020), updated flooring(2020), with natural light flooding through the open concept kitchen & living room.Every room radiates comfort and charm, with a cozy, welcoming energy that makes you feel at home the moment you step inside. An extra-long driveway provides plenty of parking and leads to a detached garage (garage door2024), offering both convenience and additional storage. Set on an oversized private lot, the outdoor space is just as impressive featuring lush gardens, mature trees, large deck (deck rails 2022) , and ample room to relax or entertain.Located on a quiet, desirable street surrounded by custom-built luxury homes, this property offers rare privacy and prestige in a truly special neighbourhood .Don't miss your opportunity to own a piece of Newmarket history with all the modern comforts you've been dreaming of.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 587 Lydia Street, Newmarket is currently for sale and has been available on SousaSells for 448 days. This property is listed at $1,229,900 with an estimated mortgage of $4,094* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 587 Lydia Street, Newmarket is in the Central Newmarket neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Central Newmarket, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
- Library
- Park
- Place Of Worship
- Public Transit
- School
Interior Features
- Water Heater
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 587 Lydia Street, Newmarket, ON
Q.What is the asking price for 587 Lydia Street, Newmarket, ON ?
The current listing price for 587 Lydia Street, Newmarket, ON in Central Newmarket, Newmarket is $1,229,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 587 Lydia Street, Newmarket, ON ?
587 Lydia Street, Newmarket, ON is a Detached (2-Storey) featuring a Unfinished basement.
Q.What key property features does 587 Lydia Street, Newmarket, ON offer?
Key property features include: Fenced Yard, Library, Park, Place Of Worship, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Water Heater, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Location
Google Street View
Open in Google MapsProperty History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 587 Lydia Street, Newmarket, ON L3Y 1M4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
Configure Loan Settings
About Purchasing a Home in Newmarket, ON
For a property listed at $1,229,900 in Newmarket, the legal minimum down payment is $245,980 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 $21,073 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 $21,073.
Similar Listings in Central Newmarket, Newmarket
Explore all Just Listed Homes in Newmarket →
Central Newmarket, Newmarket Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Central Newmarket, Newmarket
Elementary Schools
Secondary Schools
Central Newmarket, Newmarket Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.