983 Ferndale Crescent, Newmarket, ON

$1,174,900
MLS#:N9368533
5 beds
4 baths
2000-2500 sqft
8.0 parking
Residential Freehold
983 Ferndale Crescent, Newmarket, ON L3Y 6B6
⚠️

Property no longer active

This property was sold on October 5, 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 Gorham-College Manor. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,174,900 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 51.23 x 146.13 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

in one of the nicest neighbourhoods in town, on a quiet part of a low traffic street, sits this very well maintained and upgraded family home, this place is awesome for enetertaining or large family living, formal events in the large dining and living rooms, day to day living in front of the wood burning fireplace in the comfortable family room connected to the kitchen both overlooking the back yard with a w/o to the huge deck over looking your massive yard with fantasticly huge shade trees - perfect for summertime BBQs, the finished basement has an inviting recreation room with a wet bar, gas fireplace and a walkout to a patio and the yard, a fifth bedroom and a 3 piece bathroom complete this extended space for guests or family members, centrally located to very good schools, highway, shopping, parks, tennis courts, and transit. come see for yourself at the open house Sunday Sept 29 12-2:00.

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Property Summary

This detached home located at 983 Ferndale Crescent, Newmarket is currently for sale and has been available on SousaSells for 679 days. This property is listed at $1,174,900 with an estimated mortgage of $3,911* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 983 Ferndale Crescent, 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 5 bedrooms and 4 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
  • 5 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?

Growing families needing multi-bedroom flexibility and space in Gorham-College Manor, Newmarket.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 5, 2024
Sold price information is available to members only
Listed Date9/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished with Walk-Out
Lot Size51.23 × 146.13 Feet
CountyYork
Annual Tax$5,918.09
Legal DescriptionPCL 120-1 SEC M81; LT 120 PL M81 ; NEWMARKET

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 983 Ferndale Crescent, Newmarket, ON

Q.What is the asking price for 983 Ferndale Crescent, Newmarket, ON ?

The current listing price for 983 Ferndale Crescent, Newmarket, ON in Gorham-College Manor, Newmarket is $1,174,900.

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

This property features 5 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 983 Ferndale Crescent, Newmarket, ON ?

983 Ferndale Crescent, Newmarket, ON is a Detached (2-Storey) featuring a Finished with Walk-Out basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 8.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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983 Ferndale Crescent, 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 983 Ferndale Crescent, Newmarket, ON L3Y 6B6

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$352,470 (30.0%)
* Minimum Canadian down payment required for this price is $234,980.
Amortization Period30 Years
Estimated Monthly Payment$3,911Based on a loan of $822,430 over 30 years.
Purchase Price$1,174,900
Loan Amount$822,430
Provincial Land Transfer Tax:$19,973
Total Estimated Closing Taxes:$19,973

About Purchasing a Home in Newmarket, ON

For a property listed at $1,174,900 in Newmarket, the legal minimum down payment is $234,980 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 $19,973 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 $19,973.

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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.