$1,049,000

For sale

271 John Bowser Crescent, Newmarket (Glenway Estates) - Single Family for Sale

271 John Bowser Crescent, Newmarket (Glenway Estates), Ontario, L3Y7N9

5 beds3 baths6 parking2,250 ft²49 × 133 ft (6,534 sq ft) lot sizeListed 16 days ago

Overview

This 5-bedroom, 3-bathroom home in Newmarket is for sale offering roughly 2,250 sq ft of space. Listed at $1,049,000, it is attractively priced about 25% below the $1,399,000 median asking price in Newmarket. It has been on the market 16 days, fresher than the Newmarket average of 49 days.

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Description

Beautifully renovated in 2022, this spacious 4-bedroom detached home is nestled in the desirable Glenway Estates community and within walking distance to Upper Canada Mall! Featuring a popular 4-bedroom, 3-bath, 4-level split-level Backsplit layout. The home offers two separate walk-outs to the backyard from both the kitchen and family room. Set on a premium 50 ft lot, highlights include an eat-in kitchen with granite countertops, stainless steel appliances, undermount sink, pantry, pot lights, and direct walk-out to the deck. Enjoy impressive 11 ft ceilings with custom crown moulding in the living room, plus skylight tunnels in the hallways for abundant natural light. The primary suite features a walk-in closet and an updated spa-like 3-piece ensuite with heated floors and a glass shower! The family room includes an electric fireplace and leads to a large patio, gazebo, and expansive backyard. Complete with a finished basement, double-car garage, side entrance, and a laundry room equipped to serve as a second kitchen. Conveniently located close to the GO Station, Upper Canada Mall, and Public transit. (id:66096)

Property Details

MLS®: N14094738
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 49 × 133 ft (6,534 sq ft)
Frontage: 49 ft
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,964.6/yr
Listed: 16 days ago

Rooms

Main level

Living room: 41.1 x 33.59 meters
Dining room: 59.84 x 37.89 meters
Kitchen: 56.2 x 33.59 meters
Eating area: 56.2 x 33.59 meters

Basement

Recreational, Games room: 35.53 x 62.53 meters

Second level

Primary Bedroom: 47.67 x 37.79 meters
Bedroom 2: 47.57 x 32.7 meters
Bedroom 3: 32.84 x 32.28 meters

In between

Family room

Features

Appliances: Central Vacuum, Water Heater
Flooring: Laminate, Ceramic
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Carpet Free, Gazebo, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Newmarket (Glenway Estates) listings, avg age

49d

Price / ft²

$466

List price

$1.05M

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 5-bed single family in Newmarket (Glenway Estates) has been listed for 16 days, which is 33 days fresher than the city average of 49. Act while there is still low competition.

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Listed by HOMELIFE/BAYVIEW REALTY INC. · CLAYTON JAMES STEINBERG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $1,049,000, about 11.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $204,906 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $93,000
Population: 43,556
Median age: 45.6
Owner / renter: 68% / 32%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3Y)

$1,049,000· $466/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.62% · $79,900

Min 7.62%50%

Mortgage payment$5,373/mo

↳ CMHC premium ($38,764 capitalized)

Property tax (est.)$497/mo

Total monthly$5,870

Cash Needed to Close

Down payment (7.62%)$79,900

Land transfer tax$17,455

Est. closing costs$5,647

Total cash needed$103,002

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