114 Widdifield Avenue, Newmarket

Price: $999,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N12968654

Stunning Fully Upgraded Detached Home with Legal Walkout Basement Apartment! Step into this meticulously maintained 3+1 bedroom detached home, where modern luxury meets incredible income potential. The main floor welcomes you with an abundance of natural light, showcasing a beautifully updated chef's kitchen and elegant hardwood flooring that flows seamlessly through the spacious living and dining areas. Upstairs, you will find a peaceful retreat in the primary suite along with two additional generous bedrooms, all designed with comfort in mind.The true showstopper of this property is the professionally finished, legal walkout basement apartment. Featuring its own separate entrance, a full kitchen, and a bright bedroom, this versatile space is perfect as a high-end rental suite or a private sanctuary for extended family. Complete with a double car garage and located in a highly sought-after, family-friendly community just steps from top-rated schools, lush parks, and premier shopping, this move-in-ready gem offers a lifestyle of convenience and sophistication you won't want to miss.

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New Listing
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$999,000 - 114 Widdifield Avenue, Newmarket

Detached for Sale in Newmarket

New — Listed 2 days ago
4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N12968654
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Stunning Fully Upgraded Detached Home with Legal Walkout Basement Apartment! Step into this meticulously maintained 3+1 bedroom detached home, where modern luxury meets incredible income potential. The main floor welcomes you with an abundance of natural light, showcasing a beautifully updated chef's kitchen and elegant hardwood flooring that flows seamlessly through the spacious living and dining areas. Upstairs, you will find a peaceful retreat in the primary suite along with two additional generous bedrooms, all designed with comfort in mind.The true showstopper of this property is the professionally finished, legal walkout basement apartment. Featuring its own separate entrance, a full kitchen, and a bright bedroom, this versatile space is perfect as a high-end rental suite or a private sanctuary for extended family. Complete with a double car garage and located in a highly sought-after, family-friendly community just steps from top-rated schools, lush parks, and premier shopping, this move-in-ready gem offers a lifestyle of convenience and sophistication you won't want to miss.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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.

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Neighbourhood Guide: Newmarket

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

114 Widdifield Avenue, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,384

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $500/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

Investment Perspective

Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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