$2,038,000 - 1098 Secretariate Road, Newmarket
Detached for Sale in Newmarket
38 days on market- MLS Number
- N12826844
- Property Type
- Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to this distinguished luxury residence in the prestigious Stonehaven community, situated on an exceptional 71.96 ft premium lot and offering close to 3300 sq ft of above-grade living space. Thoughtfully designed with both scale and comfort in mind, this home presents an ideal blend of elegance and functionality. A soaring foyer with high ceilings creates a grand first impression, while the well-appointed principal rooms provide excellent flow for everyday living and entertaining. The upper-level Great Room, featuring a high ceiling and a second fireplace, offers a rare and inviting retreat. Extensively $390K updated throughout, the home showcases quality renovations and meaningful improvements, including a refined stone exterior façade, modernized interiors, upgraded flooring, renovated bathrooms, new roof, updated lighting, and a full suite of new appliances. Landscaping and exterior enhancements further elevate the home's curb appeal. Ideally located in sought-after Stonehaven, minutes to Hwy 404, parks, amenities, and within proximity to Newmarket High School. A rare opportunity to own a beautifully updated home in one of Newmarket's most desirable neighbourhoods.
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Estimated Payment
$9,014.76/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Newmarket
Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Newmarket
- •Convenient location in Newmarket
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1098 Secretariate Road, Newmarket
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $679/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Newmarket are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Newmarket.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.