$1,549,000

$1,599,000For salePrice drop↓ $50,000 (3%)

351 Fairway Gardens, Newmarket (Glenway Estates) - Single Family for Sale

351 Fairway Gardens, Newmarket (Glenway Estates), Ontario, L3X1B4

4 beds4 baths7 parking3,250 ft²54 × 152 ft (8,208 sq ft) lot sizeListed 20 days ago

Overview

This 4-bedroom, 4-bathroom home in Newmarket is for sale offering roughly 3,250 sq ft of space. It has been on the market 20 days, fresher than the Newmarket average of 49 days.

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Description

Stunning Executive Home In Highly Sought-After Glenway Estates! 4 bedroom 4 washroom, Situated On A Large pie shaped lot, 82 at rear, Wide Lot On A Quiet Crescent, This Exceptional Home Offers Spacious Living Throughout. Main Floor Features Gleaming Hardwood Floors, Large Family Room, Spacious Kitchen With Appliances, And Formal Living & Dining Rooms. Renovated Upper Level Features Large Bedrooms, Including A Generous Primary Suite With Updated Ensuite & Custom Dressing Room. Private Backyard Oasis With In-Ground Pool, Cabana and shed, Perfect For Summer Entertaining! 6-Car Parking! An Exceptional Opportunity In One Of Newmarket's Most Desirable Communities! (id:66096)

Property Details

MLS®: N14083536
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 7
Interior Size: 3,250 ft²
Lot Size: 54 × 152 ft (8,208 sq ft)
Frontage: 54 ft
Storeys: 2
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Main level

Living room: 6 x 4.7 meters
Dining room: 4 x 3.9 meters
Kitchen: 7.6 x 3.4 meters
Family room: 6.7 x 4 meters

Second level

Bedroom: 6.89 x 5.5 meters
Bedroom 2: 5.25 x 3.55 meters
Bedroom 3: 3.9 x 3.45 meters
Bedroom 4: 4.3 x 3.56 meters

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

Features

Appliances: Central Vacuum, Garage door opener remote(s)
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Newmarket (Glenway Estates) listings, avg age

49d

Price / ft²

$477

List price

$1.55M

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 4-bed single family in Newmarket (Glenway Estates) has been listed for 20 days, which is 29 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · JOHN FERRARA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3X)

This home lists at $1,549,000, about 12.0× the local median household income of $129,000.

Carrying it typically needs a household income of about $302,574 (20% down, 25-yr amortization, stress-tested) — roughly 135% 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)

$1,549,000· $477/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $309,800

Min 20%50%

Mortgage payment$6,606/mo

Property tax (est.)$714/mo

Total monthly$7,320

Cash Needed to Close

Down payment (20%)$309,800

Land transfer tax$27,455

Est. closing costs$7,147

Total cash needed$344,402

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