94 Prospect Street, Newmarket, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium aluminum siding and stone construction, this residence presents an exceptional opportunity offered at $885,800 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 110.35 x 88.66 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 94 Prospect St -A Turnkey Home on a 110-Foot Lot in One of Newmarket's Most Desirable Neighbourhoods. An Ideal Blend Of Business Potential And Family Living. Recently Installed New A/C System. Thoughtfully updated with modern conveniences and timeless charm, this 3-bedroom home is the perfect blend of form and function.The bright and spacious main level features a bow window that fills the living room with natural light, upgraded Kitchen & Bathrooms, Along With A Separate Washer & Dryer. Incredible Flexibility W/ Separate Entrance To Finished Bsmt-Perfect For In-Law Suite! Full Kitchen, Its Own Laundry, And A Full Washroom - Perfect For Extended Family, Guests, Or Rental Income. This Property Offers Flexibility For Investors, Multi-Generational Families, Or Those Seeking A Home Business Setup (Zoning Permits Home-Based Business). Unbeatable Location Steps To Go Train Station, Fairy Lake, Trails, Rec Centre & Main St Shopping. A Must See For First-Time Buyers & Investors!
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Property Summary
This detached home located at 94 Prospect Street, Newmarket is currently for sale and has been available on SousaSells for 51 days. This property is listed at $885,800 with an estimated mortgage of $2,949* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 94 Prospect Street, Newmarket is in the Central Newmarket neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 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
- Hospital
- Public Transit
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 94 Prospect Street, Newmarket, ON
Q.What is the asking price for 94 Prospect Street, Newmarket, ON ?
The current listing price for 94 Prospect Street, Newmarket, ON in Central Newmarket, Newmarket is $885,800.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 94 Prospect Street, Newmarket, ON ?
94 Prospect Street, Newmarket, ON is a Detached (Bungalow) featuring a Partially Finished basement.
Q.What key property features does 94 Prospect Street, Newmarket, ON offer?
Key property features include: Hospital, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 94 Prospect Street, Newmarket, ON L3Y 3T4
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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 $885,800 in Newmarket, the legal minimum down payment is $63,580 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 $14,191 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 $14,191.
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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.