$849,000

$869,000For salePrice drop↓ $20,000 (2%)

422 Queen Street, Newmarket (Central Newmarket) - Single Family for Sale

422 Queen Street, Newmarket (Central Newmarket), Ontario, L3Y2H2

3 beds1 bath3 parking900 ft²51 × 79 ft (4,029 sq ft) lot sizeListed 58 days ago

Overview

This 3-bedroom, 1-bathroom home in Newmarket is for sale offering roughly 900 sq ft of space. Listed at $849,000, it is attractively priced about 19% below the $1,049,000 median asking price in Newmarket. It has been on the market 58 days, fresher than the Newmarket average of 70 days.

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Description

Open-concept charming bungalow in the heart of Olde Newmarket, just steps from the vibrant bars and restaurants of Main Street, beautiful Fairy Lake, Southlake Hospital, and the GO Train. It simply doesn't get better than this! Situated in the historic heart of Newmarket, yet with NO heritage protection, offering added flexibility for future plans. Whether you're a first-time buyer, investor, or looking for the perfect place to retire, this is an incredible opportunity to own in one of Newmarket's most sought-after locations! Recent upgrades to the home; newly finished basement, roof, fence, 240-volt electrical supply, electric car charger, gas line for BBQ, Hot Water Tank (2026), Water Softener (2026) (id:66096)

Property Details

MLS®: N13757500
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 51 × 79 ft (4,029 sq ft)
Frontage: 51 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Washer, Refrigerator, Water meter, Water softener, Dishwasher, Stove, Range, Dryer, Water Treatment, Blinds
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

58d

Newmarket (Central Newmarket) listings, avg age

70d

Price / ft²

$943

List price

$849K

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 (Central Newmarket) has been listed for 58 days, which is 12 days fresher than the city average of 70. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · DOM GULLO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $849,000, about 9.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 78% 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)

$849,000· $943/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,900.00

Min 7.06%50%

Mortgage payment$4,375/mo

↳ CMHC premium ($31,564 capitalized)

Property tax (est.)$354/mo

Total monthly$4,729

Cash Needed to Close

Down payment (7.06%)$59,900

Land transfer tax$13,455

Est. closing costs$5,047

Total cash needed$78,402

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