$1,049,000

For sale

582 Plantation Gate, Newmarket (Summerhill Estates) - Single Family for Sale

582 Plantation Gate, Newmarket (Summerhill Estates), Ontario, L3X2C2

4 beds3 baths4 parking1,750 ft²32 × 115 ft (3,692 sq ft) lot sizeListed 20 days ago

Overview

This 4-bedroom, 3-bathroom home in Newmarket is for sale offering roughly 1,750 sq ft of space. It has been on the market 20 days, fresher than the Newmarket average of 51 days.

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Description

Distinguished Former Model Home Located In The Desirable Summerhill Estates Community! Beautiful 4-Bedroom, 3-Bathroom Detached Home Featuring Hardwood Flooring, Bright Living Room, Formal Dining Area, And Spacious Family Room With Cozy Gas Fireplace. Modern Eat-In Kitchen With Granite Countertops And Walkout To Custom Composite Deck And Fully Fenced Backyard, Ideal For Outdoor Enjoyment. Generously Sized Primary Bedroom With Walk-In Closet And 4-Piece Ensuite. Three Additional Spacious Bedrooms And Well-Appointed Main Bathroom. Additional Features Include Main Floor Laundry, Direct Garage Access, And Spacious Great Room. Prime Location Just Steps To Yonge Street, Close To Top-Rated Schools, Parks, Recreational Facilities, Shopping, And Public Transit. An Excellent Opportunity To Own A Beautiful Family Home In A Highly Sought-After Neighbourhood! (id:66096)

Property Details

MLS®: N14081680
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 32 × 115 ft (3,692 sq ft)
Frontage: 32 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 4.55 x 3.07 meters
Dining room: 2.94 x 3.02 meters
Great room: 4.09 x 3.32 meters

Second level

Primary Bedroom: 4.76 x 3.57 meters
Bedroom: 3.01 x 3.39 meters
Bedroom: 4.68 x 3.06 meters
Bedroom: 3.03 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: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Hardwood, Carpeted
Foundation: Concrete, Brick
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Newmarket (Summerhill Estates) listings, avg age

51d

Price / ft²

$599

List price

$1.05M

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 (Summerhill Estates) has been listed for 20 days, which is 31 days fresher than the city average of 51. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · PANKAJ SAPRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3X)

This home lists at $1,049,000, about 8.1× the local median household income of $129,000.

Carrying it typically needs a household income of about $204,906 (20% down, 25-yr amortization, stress-tested) — roughly 59% 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)

$1,049,000· $599/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $79,900

Min 7.62%50%

Mortgage payment$5,373/mo

↳ CMHC premium ($38,764 capitalized)

Property tax (est.)$469/mo

Total monthly$5,842

Cash Needed to Close

Down payment (7.62%)$79,900

Land transfer tax$17,455

Est. closing costs$5,647

Total cash needed$103,002

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