791 Colter Street, Newmarket, ON

$989,888
MLS#:N9235945
5 beds
4 baths
6.0 parking
Residential Freehold
791 Colter Street, Newmarket, ON L3X 2V2
⚠️

Property no longer active

This property was sold on August 14, 2024. 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 Summerhill Estates. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $989,888 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.

  • 5 Bedrooms and 4 Bathrooms
  • Premium 32.15 x 107.78 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

***Discover Your Dream Home in the Heart of Summerhill, Newmarket!***Welcome To A Rare Gem In A High-Demand Location! This Freshly Painted, Spacious 4+1Bedroom Home, With 4 Bathrooms And A Finished Basement, Is The Perfect Family Retreat. Nestled In The Prime Summerhill Area Of Newmarket, You'll Enjoy The Convenience Of Being Just Minutes Away From Top-Rated Schools, Sports Fields, Shopping Centers, And Viva Transit. Step Inside This Beautiful Home And Be Greeted By Soaring 9-Foot Ceilings And Gleaming Hardwood Floors Throughout. The Open-Concept Family Room, Complete With A Cozy Gas Fireplace, Seamlessly Flows Into The Elegant Dining Room. The Eat-In Kitchen, Featuring Extra Cabinets, Offers A Walk-Out To A Patio That's Perfect For Entertaining. Imagine Hosting Summer Barbecues Under The Extra-Large Gazebo In Your Private BBQ Area! Retreat To The Luxurious Primary Bedroom, Boasting A Newly Renovated 4-Piece Ensuite With A Spacious Walk-In Glass Shower And A Soothing Soaker Tub, Completed In 2023. It's The Ultimate Spa-Like Experience Right At Home! The Finished Basement Offers A Versatile Space With A 3-Piece Bathroom With Heated Floors, Wet Bar Rough-In, A Roomy Laundry Area, A Rec Room, And Even Enough Space For A Teenagers Game Area (Highest Speed Fiber Optic Up To 1.5Gb Bidirectional) Or An Additional Bedroom. This Home Has Been Meticulously Maintained With Key Updates Including A New Roof (2015), Furnace (2014), And Main Bathroom Countertop (2016).Convenience Is At Your Doorstep With Easy Walking Access To Secondary And Elementary Schools, Metro Store, Natures Emporium Organic Store, Restaurants, Yonge Street, And Viva Transit. Plus, You're Just A Few Minutes' Drive To Highways 400 And 404, Making Commuting A Breeze. Don`t Miss Out On This Exceptional Opportunity! Visit Us And See For Yourself Why This Home Is The Perfect Place To Create Lasting Memories. Your Dream Home Awaits!

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Property Summary

This detached home located at 791 Colter Street, Newmarket is currently for sale and has been available on SousaSells for 735 days. This property is listed at $989,888 with an estimated mortgage of $3,295* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 791 Colter Street, Newmarket is in the Summerhill Estates 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 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Summerhill Estates, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • Desirable Detached architecture in Summerhill Estates, Newmarket
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Summerhill Estates, Newmarket.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 14, 2024
Sold price information is available to members only
Listed Date8/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size32.15 × 107.78 Feet
CountyYork
Annual Tax$5,400.85
Legal DescriptionLot 36 Plan 65M 3603

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Fenced Yard
  • Library
  • Other
  • Park
  • Public Transit
  • School

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 791 Colter Street, Newmarket, ON

Q.What is the asking price for 791 Colter Street, Newmarket, ON ?

The current listing price for 791 Colter Street, Newmarket, ON in Summerhill Estates, Newmarket is $989,888.

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

This property features 5 bedrooms and 4 bathrooms.

Q.What property type and architectural style is 791 Colter Street, Newmarket, ON ?

791 Colter Street, Newmarket, ON is a Detached (2-Storey) featuring a Finished, Full basement.

Q.What key property features does 791 Colter Street, Newmarket, ON offer?

Key property features include: Fenced Yard, Library, Other, Park, Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

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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791 Colter Street, 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 791 Colter Street, Newmarket, ON L3X 2V2

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$296,966 (30.0%)
* Minimum Canadian down payment required for this price is $73,989.
Amortization Period30 Years
Estimated Monthly Payment$3,295Based on a loan of $692,922 over 30 years.
Purchase Price$989,888
Loan Amount$692,922
Provincial Land Transfer Tax:$16,273
Total Estimated Closing Taxes:$16,273

About Purchasing a Home in Newmarket, ON

For a property listed at $989,888 in Newmarket, the legal minimum down payment is $73,989 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 $16,273 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 $16,273.

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Summerhill Estates, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Summerhill Estates, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,324,050

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 Summerhill Estates, Newmarket

Elementary Schools

Terry Fox
Public161 Sawmill Valley Drive, Newmarket, Ontario, L3X 2T1
5.3
St John Chrysostom
Public800 Joe Persechini Drive, Newmarket, Ontario, L3X 2S6
6.5
Clearmeadow
Public200 Clearmeadow Boulevard, Newmarket, Ontario, L3X 2E4
6.0
Armitage Village
Public125 Savage Road, Newmarket, Ontario, L3X 1R1
6.3
St Nicholas
Public480 Keith Avenue, Newmarket, Ontario, L3X 1V5
6.9

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Summerhill Estates, 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.