$2,360,000 - 1148 Kingdale Road, Newmarket
Detached for Sale in Newmarket
70 days on market- MLS Number
- N12732248
- Property Type
- Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- FIRST CLASS REALTY INC.
Exceptional Estate-Style Property On Over 2 Acres Of Private Land Right In Town! This Home Offers Approx. 3,800 Sq Ft Of Total Living Space Including A Bright Finished Walk-Out Basement. Outdoor highlights feature a beautifully enclosed pool area with elegant wrought iron fencing, a tranquil fish pond with waterfall, a stone patio, and a separate deck complete with cabana perfect for resort-style living and entertaining. Fully renovated in 2022, the same year it was purchased, this residence boasts newly installed major systems and appliances for modern comfort and peace of mind. Upgrades include a fresh air ventilation system (HRV), whole-house water purification, tankless water heater, new furnace, modern gas stove, refrigerator, washer & dryer set, as well as newly installed doors and windows. A security camera system further enhances convenience and safety. This rare offering seamlessly combines privacy, space, and luxury with contemporary upgrades truly a move-in ready retreat in a prime in-town location.
Estimate your monthly payments for this property
Estimated Payment
$10,439.08/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.
1148 Kingdale Road, Newmarket
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Rental income estimator & ROI calculator
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
Fair Market Value
At $944/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 70 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $9,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.