$699,900 - 116 Longford Drive, Newmarket
Semi-Detached for Sale in Newmarket
New — Listed 5 days ago- MLS Number
- N13442494
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- RIGHT AT HOME REALTY
This lovely spacious Semi-detached home, has a very large private paved driveway with ample space to park 4 cars, A patio with outdoor seating area welcomes you into the home. A fully fenced back yard filled with perennial flowers and plants lovingly cared for by the owner over the last 50 plus years offers a tranquil place to relax. The main floor has been professionally renovated with new laminate flooring, porcelain tiles and refinished strip hardwood floors and updated bathroom. The main floor 4 pc bathroom has new porcelain tile floors, New vanity top.. The entire home has been painted in a beautiful warm white through-out. offering a lovely neutral palette and a endless array of choices for your own style and decor. The Eat in Kitchen has all new laminate flooring and a new counter top and a lovely porcelain backsplash. The large windows bring loads of natural light into this home. New Light fixtures create an updated look in keeping with the decor. The basement offers potential for the large family with a separate entrance and a second bathroom with 2 additional bedrooms, large games/rec room, workshop, laundry room, and lots of storage. The Separate entrance to the basement offers potential for future rental income. or 2 family living. Located close to Upper Canada Mall, Go train and transit, restaurants, Southlake General Hospital, Historic Main Street, Big Box Stores and boutique shopping, walking and bicycle trails, the wonderful town of Newmarket has it all. This home is looking for the large family to call it home and welcomes you.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
116 Longford Drive, 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 $1000/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.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 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.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.