137 Clearmeadow Boulevard, Newmarket

Price: $899,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N13134610

Nestled Inside Newmarkets Prestigious SummerHill Estates, This Charming Bungalow Has It All! Showcasing A Sun-Drenched Eat-In Kitchen With Shimmering Stone Countertops, California Shutters, Practical Pantry, And Walk-Out To Tranquil Backyard. Warm And Inviting Living/ Dining Area With Pristine Hardwood Floors And Large Windows, Spacious Primary Offers Large Walk-In Closet And Generous 4pc Ensuite W/ Soaker Tub & Stand Alone Shower. Finished Basement Features Large Rec Room W/ Stunning Custom Built-In Cabinetry, 2 Large Bonus Bedrooms With Large Windows - Perfect for Guest Suites or At Home Office Space. Additional Features Include Convenient Main Floor Laundry, Ample Storage Space, And Plenty of Parking. Perfectly Situated Close To Amenities, Sought After Schools, Parks & Trails, And Some of Newmarkets Finest Recreation Facilities Including Ray Twinney Rec Complex & Pickleball Courts (Joe Persechini Park). You Won't Want To Miss This!

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$899,000 - 137 Clearmeadow Boulevard, Newmarket

Detached for Sale in Newmarket

31 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N13134610
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Newmarket
Listing Brokerage
MAIN STREET REALTY LTD.
Description

Nestled Inside Newmarkets Prestigious SummerHill Estates, This Charming Bungalow Has It All! Showcasing A Sun-Drenched Eat-In Kitchen With Shimmering Stone Countertops, California Shutters, Practical Pantry, And Walk-Out To Tranquil Backyard. Warm And Inviting Living/ Dining Area With Pristine Hardwood Floors And Large Windows, Spacious Primary Offers Large Walk-In Closet And Generous 4pc Ensuite W/ Soaker Tub & Stand Alone Shower. Finished Basement Features Large Rec Room W/ Stunning Custom Built-In Cabinetry, 2 Large Bonus Bedrooms With Large Windows - Perfect for Guest Suites or At Home Office Space. Additional Features Include Convenient Main Floor Laundry, Ample Storage Space, And Plenty of Parking. Perfectly Situated Close To Amenities, Sought After Schools, Parks & Trails, And Some of Newmarkets Finest Recreation Facilities Including Ray Twinney Rec Complex & Pickleball Courts (Joe Persechini Park). You Won't Want To Miss This!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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

137 Clearmeadow Boulevard, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1284/sqft, this property is priced above the Newmarket average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 31 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.

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.

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.

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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    137 Clearmeadow Boulevard, Newm… — $899,000 | Battaglia Team