942 Isaac Phillips Way, Newmarket, ON

$1,199,900
MLS#:N9240593
3 beds
4 baths
2000-2500 sqft
3.0 parking
Residential Freehold
942 Isaac Phillips Way, Newmarket, ON L3X 2Y8
⚠️

Property no longer active

This property was sold on October 1, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Summerhill Estates. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,900 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.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 21.5 x 102.5 ft lot
  • Features a unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Water Heater
  • Efficient forced air heating via gas

Description

Welcome to the prestigious Summerhill Estates where your New Home awaits! This newly built 3 bedroom, 4 bathroom townhouse offers a perfect blend of modern luxury and comfort. Boasting an open-concept layout, 9ft smooth ceilings, hickory sculpted hardwood flooring and upgraded tile throughout. Bathed in natural light in every corner, the space flows into an upgraded kitchen featuring s/s appliances, an integrated fridge, quartz countertops, and a large centre island that opens up to a spacious balcony. The primary bedroom features a cozy fireplace, private Juliet balcony, custom walk-in closet and a roomy 4pc ensuite. Additional bedrooms are generously sized with ample storage and sizeable windows. The unfinished basement, with its walkout to the backyard, offers endless possibilities and is ready to be transformed according to your vision. Experience seamless indoor-outdoor living in the backyard and multiple inviting balconies to relax and entertain. Conveniently access the backyard through the built-in garage, offering both ease and practicality for daily living. Located in a highly desirable community close to top-rated schools, parks, shopping and transit, this home has everything you need. Don't miss this incredible opportunity to own a home in one of Newmarket's newest and most sought-after communities!

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Property Summary

This townhouse located at 942 Isaac Phillips Way, Newmarket is currently for sale and has been available on SousaSells for 730 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 942 Isaac Phillips Way, 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 3 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
  • 3 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Newmarket.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 1, 2024
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementUnfinished, Walk-Out
Lot Size21.5 × 102.5 Feet
CountyYork
Annual Tax$5,510.24
Legal DescriptionPART BLOCK 35, PLAN 65M4683, PARTS 34,35,36 65R39651 SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR3378618 TOGETHER WITH AN EASEMENT OVER PART 33 65R39651 AS IN YR3381496 SUBJECT TO AN EASEMENT OVER PART 34 65R39651 IN FAVOUR OF PARTS 31-33 65R39651 AS IN YR33

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Public Transit
  • School
  • School Bus Route
  • Hospital
  • Golf
  • Library

Interior Features

  • Auto Garage Door Remote
  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 942 Isaac Phillips Way, Newmarket, ON

Q.What is the asking price for 942 Isaac Phillips Way, Newmarket, ON ?

The current listing price for 942 Isaac Phillips Way, Newmarket, ON in Summerhill Estates, Newmarket is $1,199,900.

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

This property features 3 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 942 Isaac Phillips Way, Newmarket, ON ?

942 Isaac Phillips Way, Newmarket, ON is a Att/Row/Townhouse (3-Storey) featuring a Unfinished, Walk-Out basement.

Q.What key property features does 942 Isaac Phillips Way, Newmarket, ON offer?

Key property features include: Public Transit, School, School Bus Route, Hospital, Golf, Library.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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942 Isaac Phillips Way, 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 942 Isaac Phillips Way, Newmarket, ON L3X 2Y8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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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$359,970 (30.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,930 over 30 years.
Purchase Price$1,199,900
Loan Amount$839,930
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Newmarket, ON

For a property listed at $1,199,900 in Newmarket, the legal minimum down payment is $239,980 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 $20,473 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 $20,473.

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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.