962 Lemar Road, Newmarket, ON
Property no longer active
This property was sold on May 26, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,150,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 61 x 202.07 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: In-Law Capability, Storage, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 962 Lemar Road. A Spacious 3-Bedroom Raised Bungalow in a Prime Location. Dont miss this fantastic opportunity to make this charming 3-bedroom raised bungalow your new home. Nestled on a generous 61 ft x 202 ft lot in a peaceful neighbourhood, this property offers the perfect blend of privacy and convenience. Enjoy the tranquility of suburban living with the added benefit of being just moments from Leslie Streets amenities and quick access to Highway 404.Step inside to find gleaming hardwood floors throughout the main level, including the bright and spacious principal rooms and bedrooms. The primary bedroom boasts a large closet and a private 2-piece ensuite. The eat-in kitchen features classic oak cabinetry and opens onto a large rear deckideal for morning coffee or evening barbecues.The fully finished basement, with a separate entrance, provides great potential for an in-law suite or a multi-generational living space. Whether you're looking for added rental income or room for extended family, the possibilities are endless.An oversized single-car garage, currently used as a workshop, can easily be converted back to accommodate vehicle parking.962 Lemar Road is a rare find that combines space, versatility, and location schedule your showing today! Pre-Listing Home Inspection available for all registered showings.
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Property Summary
This detached home located at 962 Lemar Road, Newmarket is currently for sale and has been available on SousaSells for 469 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 962 Lemar Road, Newmarket is in the Gorham-College Manor neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Park
- Public Transit
- School
Interior Features
- In-Law Capability
- Storage
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 962 Lemar Road, Newmarket, ON
Q.What is the asking price for 962 Lemar Road, Newmarket, ON ?
The current listing price for 962 Lemar Road, Newmarket, ON in Gorham-College Manor, Newmarket is $1,150,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 962 Lemar Road, Newmarket, ON ?
962 Lemar Road, Newmarket, ON is a Detached (Bungalow-Raised) featuring a Finished basement.
Q.What key property features does 962 Lemar Road, Newmarket, ON offer?
Key property features include: Hospital, Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Storage, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Built-In).
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 962 Lemar Road, Newmarket, ON L3Y 1S1
Based on 0 recent similar sales in the pocket.
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 $1,150,000 in Newmarket, the legal minimum down payment is $230,000 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 $19,475 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 $19,475.
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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.