$925,000

For sale

216 Vermont Avenue, Newmarket (Summerhill Estates) - Single Family for Sale

216 Vermont Avenue, Newmarket (Summerhill Estates), Ontario, L3X2Y8

3 beds3 baths3 parking1,750 ft²20 × 87 ft (1,740 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 3-bathroom home in Newmarket is for sale offering roughly 1,750 sq ft of space. Listed at $925,000, it is attractively priced about 7% below the $999,888 median asking price in Newmarket.

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Description

3 Years New Luxurious Freehold Townhome Approx 1949 Sqft Above Grade + Basement. No POTL Fees. South-facing With Open Layout. 9'' Smooth Ceiling on All 3 Levels and Boosted 8'' Basement. Upgraded Engineered Hardwood Flooring and Upgraded Tile Throughout. Open Concept Kitchen, Center Island, Quartz Countertop And Backsplash. With 5 Premium SamSung Appliances. Gas Bbq Line On Main Floor Balcony. Full Size Laundry on Main Floor With Balcony. Primary Bedroom Includes 4pc Ensuite And Walk-In Closet. Upgrade EV Charger Outlet In The Garage. 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 Mall and transit. Minutes To St. Andrew's College And St. Anne's Private School. (id:66096)

Property Details

MLS®: N13789294
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 20 × 87 ft (1,740 sq ft)
Frontage: 20 ft
Storeys: 3
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Ground level

Family room: 4.6 x 3.5 meters

Second level

Living room: 5.8 x 3.5 meters
Dining room: 5.8 x 3.5 meters
Kitchen: 4.2 x 3.4 meters
Eating area: 3.1 x 2.5 meters
Laundry room: 3.1 x 2.5 meters

Third level

Primary Bedroom: 3.7 x 3.5 meters
Bedroom 2: 2.7 x 3.2 meters
Bedroom 3: 3 x 3.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water purifier, Garage door opener remote(s), Water Heater
Foundation: Block
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Newmarket (Summerhill Estates) listings, avg age

49d

Price / ft²

$529

List price

$925K

Homes here sell faster than most markets

Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 3-bed single family in Newmarket (Summerhill Estates) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE NEW WORLD REALTY INC. · JOLENE YU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3X)

This home lists at $925,000, about 7.2× the local median household income of $129,000.

Carrying it typically needs a household income of about $180,685 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.

Median household income: $129,000
Population: 45,284
Median age: 39.2
Owner / renter: 85% / 15%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L3X)

$925,000· $529/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.30% · $67,500

Min 7.30%50%

Mortgage payment$4,754/mo

↳ CMHC premium ($34,300 capitalized)

Property tax (est.)$440/mo

Total monthly$5,194

Cash Needed to Close

Down payment (7.30%)$67,500

Land transfer tax$14,975

Est. closing costs$5,275

Total cash needed$87,750

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