$698,888

For saleJust listed

46 Newbury Drive, Newmarket (Bristol-London) - Single Family for Sale

46 Newbury Drive, Newmarket (Bristol-London), Ontario, L3Y4R1

4 beds2 baths5 parking900 ft²Listed 6 days ago

Overview

This 4-bedroom, 2-bathroom home in Newmarket is for sale offering roughly 900 sq ft of space. Listed at $698,888, it is attractively priced about 18% below the $849,900 median asking price in Newmarket. It has been on the market 6 days, fresher than the Newmarket average of 39 days.

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Description

Well-maintained and filled with natural light, this spacious 3+1 bedroom, 2-bathroom semi-detached bungalow is nestled in a sought-after Newmarket neighbourhood. The main floor features three generously sized bedrooms, hardwood flooring, convenient laundry, and a modern kitchen equipped with stainless steel appliances. The finished basement offers a second kitchen, a large living area, an oversized bedroom with two windows, a 3-piece bathroom, separate laundry, and additional storage. Recent improvements include above-grade basement windows installed in 2020, while laminate flooring adds a fresh, practical touch. Complete with a nicely sized yard, this home offers a versatile layout with plenty of room to enjoy. (id:66096)

Property Details

MLS®: N14130114
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Frontage: 33 ft
Storeys: 1
Style: Bungalow
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,155.08/yr

Rooms

Main level

Living room: 3.25 x 3.94 meters
Dining room: 2.97 x 2.95 meters
Kitchen: 3.78 x 4.06 meters
Primary Bedroom: 3.82 x 2.96 meters
Bedroom 2: 2.72 x 2.59 meters
Bedroom 3: 2.38 x 4.33 meters

Basement

Living room: 3.92 x 6.97 meters
Kitchen: 4.82 x 3.06 meters
Bedroom: 6.35 x 3.1 meters

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

Features

Flooring: Tile, Hardwood, Laminate
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Newmarket (Bristol-London) listings, avg age

39d

Price / ft²

$777

List price

$699K

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 (Bristol-London) has been listed for 6 days, which is 33 days fresher than the city average of 39. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · JORDAN METE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $698,888, about 7.5× the local median household income of $93,000.

Carrying it typically needs a household income of about $136,517 (20% down, 25-yr amortization, stress-tested) — roughly 47% 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)

$698,888· $777/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.42% · $44,888.80

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,160 capitalized)

Property tax (est.)$346/mo

Total monthly$3,972

Cash Needed to Close

Down payment (6.42%)$44,889

Land transfer tax$10,453

Est. closing costs$4,597

Total cash needed$59,939

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