$1,220,000
Newmarket
338 Dowson Loop, Newmarket (Woodland Hill), Ontario, L3X3G3
This 4-bedroom, 3-bathroom home in Newmarket is for sale offering roughly 2,750 sq ft of space. It has been on the market 16 days, fresher than the Newmarket average of 52 days.
Rarely offered and proudly maintained by its original owners, this all-brick 4-bedroom detached home presents a unique opportunity in one of the area's most desirable family communities. Situated on a premium 40.7 x 105.2 ft fully fenced lot, the property offers over 2,500 sq. ft. above grade, parking for six vehicles, and the long-term versatility today's buyers are searching for.Thoughtfully designed for both everyday living and future value, the home features hardwood flooring, an elegant oak staircase, main floor laundry, spacious principal rooms, and a bright open-concept kitchen with a walkout to an elevated deck overlooking the backyard. The upper level offers four generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet and private 4-piece ensuite.A standout feature of the home is the rare builder-upgraded walkout basement, complete with oversized above-grade windows that fill the space with natural light and direct access to the backyard. Offering exceptional versatility and future potential, this unique configuration provides a significant advantage for buyers seeking multigenerational living or income-generating opportunities. Much of the costly and complex work associated with a walkout design has already been completed by the builder, creating a substantial head start for future development. With potential to generate approximately $2,000-$2,500 per month in rental income, this space represents a compelling opportunity to offset mortgage costs while building long-term wealth and equity.Additional highlights include a double-car garage with direct interior access, parking for six vehicles, a newer roof (2023), and a premium lot offering both privacy and outdoor enjoyment. Combining pride of ownership, future income potential, and exceptional long-term value, this is a rare opportunity to secure a home that can help offset your mortgage while building equity in one of the area's most sought-after communities. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 52 days across the listings currently for sale in this city
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.
This 4-bed single family in Newmarket (Woodland Hill) has been listed for 16 days, which is 36 days fresher than the city average of 52. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,220,000, about 9.5× the local median household income of $129,000.
Carrying it typically needs a household income of about $238,309 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3X)
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