727 Lowell Avenue, Newmarket, ON

$849,000
MLS#:N12133370
2 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
727 Lowell Avenue, Newmarket, ON L3Y 1T4
⚠️

Property no longer active

This property was sold on May 28, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $849,000 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 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 67.08 x 83.01 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This charming historic bungalow with a welcoming front porch offers a perfect alternative to condo living, combining character with modern updates for a truly unique living experience. Ideal for those looking to downsize without sacrificing comfort or style, this home provides all the space and convenience you need. This home features two spacious bedrooms and two full bathrooms, along with a farmhouse-style kitchen complete with white cabinets, white subway tile backsplash, butcherblock counters and an island. The main floor boasts 10-foot ceilings, creating an open and airy atmosphere, while the large windows flood the space with natural light. Smooth ceilings throughout add a modern, clean touch. Outside, you'll find your own fully fenced lot with an interlock patio and privacy screen, perfect for outdoor dining or relaxation. There's also an additional side deck for small get togethers to watch western sunsets. There is a large wooden shed in the backyard to meet all your storage needs. With a beautiful balance of historic charm and modern amenities, this home is ready for you to move in and start living in comfort and style. Walking distance to Fairy Lake and Downtown Newmarket. A beautiful neighbourhood with a friendly atmosphere, the perfect choice for those seeking a low-maintenance lifestyle with plenty of space to call your own.

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Property Summary

This detached home located at 727 Lowell Avenue, Newmarket is currently for sale and has been available on SousaSells for 455 days. This property is listed at $849,000 with an estimated mortgage of $2,826* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 727 Lowell Avenue, Newmarket is in the Gorham-College Manor 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 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 28, 2025
Sold price information is available to members only
Listed Date5/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementFinished
Lot Size67.08 × 83.01 Feet
CountyYork
Annual Tax$4,356
Legal DescriptionLt 18 PL 314; Town of Newmarket

Parking & Garage

Parking Total4.0
Parking Space4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • School

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 727 Lowell Avenue, Newmarket, ON

Q.What is the asking price for 727 Lowell Avenue, Newmarket, ON ?

The current listing price for 727 Lowell Avenue, Newmarket, ON in Gorham-College Manor, Newmarket is $849,000.

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

This property features 2 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 727 Lowell Avenue, Newmarket, ON ?

727 Lowell Avenue, Newmarket, ON is a Detached (Bungalow) featuring a Finished basement.

Q.What key property features does 727 Lowell Avenue, Newmarket, ON offer?

Key property features include: Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (None).

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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727 Lowell 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 727 Lowell Avenue, Newmarket, ON L3Y 1T4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate4.00%
Down Payment$254,700 (30.0%)
* Minimum Canadian down payment required for this price is $59,900.
Amortization Period30 Years
Estimated Monthly Payment$2,826Based on a loan of $594,300 over 30 years.
Purchase Price$849,000
Loan Amount$594,300
Provincial Land Transfer Tax:$13,455
Total Estimated Closing Taxes:$13,455

About Purchasing a Home in Newmarket, ON

For a property listed at $849,000 in Newmarket, the legal minimum down payment is $59,900 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 $13,455 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 $13,455.

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Gorham-College Manor, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gorham-College Manor, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,120,207

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 Gorham-College Manor, Newmarket

Elementary Schools

Bogart
PublicNewmarket, Ontario, L3Y 0A5
8.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Glen Cedar
Public915 Wayne Drive, Newmarket, Ontario, L3Y 5W1
3.6
Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Notre Dame
Public715 Kingsmere Avenue, Newmarket, Ontario, L3X 1L4
6.8

Secondary Schools

Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1

Gorham-College Manor, 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.