$959,900 - 127 Knapton Drive, Newmarket
Semi-Detached for Sale in Newmarket
37 days on market- MLS Number
- N12843198
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- ROYAL HERITAGE REALTY LTD.
Welcome to this beautifully maintained semi-detached home in the highly sought-after Woodland Hills community of Newmarket. Offering 3 spacious bedrooms and 2.5 bathrooms, this bright and functional 2-story home is ideal for families and professionals alike. The main level features elegant ceramic & hardwood flooring and a thoughtfully designed layout, highlighted by a rare main floor walkout to a private covered balcony - perfect for morning coffee or evening relaxation. Upstairs enjoy the convenience of a second-floor laundry and generously sized bedrooms, including a comfortable primary retreat. The fully finished walk-out basement provides additional versatile living space with direct backyard access, and a rough-in bath - ideal for a family room, home office or entertaining area. Major updates provide peace of mind, including new shingles (2021), new central Air Conditioner (2021) and new furnace (2023). Complete with single-car, insulated garage, a private drive that will accommodate 2 vehicles, and ideally located just a few blocks from Yonge & Davis, this home is minutes to Upper Canada Mall, restaurants, shopping, school, parks and transit. Why Newmarket? Newmarket is one of York Region's most desirable communities, known for its vibrant historic Main Street, extensive parks and trail systems, excellent schools, and convenient access to Highway 404 and Go Transit for easy commuting to Toronto. Blending small -town charm with modern amenities, Newmarket offers an exceptional quality of life for families and professionals alike. A fantastic opportunity to live in one of Newmarket's most established and welcoming neighborhoods - don't miss it.
Estimate your monthly payments for this property
Estimated Payment
$4,924.78/mo
Includes CMHC insurance ($26,781)
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.
127 Knapton Drive, 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 $640/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 37 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.
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 3 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 $4,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.