$699,900

For saleJust listed

331 Warner Crescent, Newmarket (Summerhill Estates) - Single Family for Sale

331 Warner Crescent, Newmarket (Summerhill Estates), Ontario, L3X2G7

3 beds3 baths3 parking1,750 ft²25 × 110 ft (2,758 sq ft) lot sizeListed 6 days ago

Overview

This 3-bedroom, 3-bathroom home in Newmarket is for sale offering roughly 1,750 sq ft of space. Listed at $699,900, it is attractively priced about 30% below the $999,888 median asking price in Newmarket. It has been on the market 6 days, fresher than the Newmarket average of 49 days.

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Description

Welcome to this bright and spotless 3-bedroom end-unit townhome in highly sought-after Summerhill Estates. Freshly painted with new flooring throughout, this inviting home features an abundance of windows that fill the spacious interior with natural light. A formal living room overlooks the garden, while a separate formal dining room offers an elegant setting for gatherings. The generous family room, complete with a gas fireplace, flows into an open-concept eat-in kitchen featuring stainless steel appliances, a breakfast bar and a sunny breakfast area. Sliding patio doors lead to a private backyard deck, perfect for outdoor dining and relaxing. Upstairs, the spacious primary bedroom features a walk-in closet and a 4-piece ensuite. Two additional well-sized bedrooms offer large windows and closets, complemented by a second 4-piece bathroom. The partially finished basement includes a dedicated laundry room and plenty of space to bring your finishing touches to life. (id:66096)

Property Details

MLS®: N14132226
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: 25 × 110 ft (2,758 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Partially finished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Kitchen: 2.94 x 2.73 meters
Family room: 4.57 x 2.76 meters
Eating area: 2.66 x 2.73 meters
Dining room: 3.67 x 3.96 meters
Living room: 6.5 x 2.81 meters

Second level

Primary Bedroom: 5.15 x 4.03 meters
Bedroom: 3.55 x 2.52 meters

Basement

Recreational, Games room: 15.45 x 5.49 meters
Utility room: 4.01 x 1.8 meters

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

Features

Appliances: Washer, Refrigerator, Water meter, Water softener, Dishwasher, Stove, Dryer
Flooring: Concrete, Laminate, Carpeted
Foundation: Concrete
Exterior: Brick
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Newmarket (Summerhill Estates) listings, avg age

49d

Price / ft²

$400

List price

$700K

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) has been listed for 6 days, which is 43 days fresher than the city average of 49. Act while there is still low competition.

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE · JOSHUA A. CAMPBELL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3X)

This home lists at $699,900, about 5.4× the local median household income of $129,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$699,900· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$371/mo

Total monthly$4,002

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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