$549,000

For sale

#28 115 Main Street South, Newmarket (Central Newmarket) - Single Family for Sale

#28 115 Main Street South, Newmarket (Central Newmarket), Ontario, L3Y8J2

2 beds2 baths1 parking1,300 ft²$916/mo condo feeListed 24 days ago

Overview

This 2-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 1,300 sq ft of space. Listed at $549,000, it is attractively priced about 7% below the $590,000 median asking price in Newmarket. It has been on the market 24 days, fresher than the Newmarket average of 70 days.

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Description

Tastefully updated, filled with natural light and set in one of central Newmarket's most connected neighbourhoods. The main floor offers a smart, open-concept living and dining area, a fully renovated kitchen, and a stylish powder room for guests. Upstairs, the bright primary bedroom features a semi-ensuite bath and a generous walk-through closet. The finished lower level adapts to whatever you need most, whether that is a home gym, an entertaining space or a quiet family retreat. Southlake Hospital and the Newmarket GO Station are minutes away, and Main Street is steps from your door with its shops, restaurants, walking and biking trails, and a community tennis court. A location that truly delivers. Improvements and inclusions: Water Filtration System in Kitchen (2023), Kitchen Renovations (2020), Flooring and Carpets(2020), California Shutters (2020), Hot Water Tank (2020 - Owned), Humidifier (2025 - Owned), Furnace (2025 - Rental), Water Softener (2025 - Rental), Air Conditioner (2025 - Rental). (id:66096)

Property Details

MLS®: N14004196
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $916/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,434/yr

Rooms

Main level

Kitchen: 3.84 x 2.41 meters
Eating area: 2.07 x 1.56 meters
Living room: 5.28 x 4.23 meters
Family room: 3.32 x 1.74 meters

Lower level

Primary Bedroom: 4.74 x 4.23 meters
Bedroom 2: 3.34 x 2.93 meters

Basement

Recreational, Games room: 5.48 x 4.23 meters
Laundry room: 6.96 x 4.23 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, Stove, Dryer, Window Coverings
Flooring: Hardwood, Carpeted
Exterior: Brick, Aluminum siding

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Newmarket (Central Newmarket) listings, avg age

70d

Price / ft²

$422

List price

$549K

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 2-bed single family in Newmarket (Central Newmarket) has been listed for 24 days, which is 46 days fresher than the city average of 70. Act while there is still low competition.

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Listed by EXP REALTY · FRANK POLSINELLO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $549,000, about 5.9× the local median household income of $93,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 15% 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)

$549,000· $422/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$203/mo

Condo fee$916/mo

Total monthly$3,996

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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