$498,000 - 155 Main Street Unit 227, Newmarket
Condo for Sale in Newmarket
70 days on market- MLS Number
- N12640460
- Property Type
- Condo
- Status
- active
- Days on Site
- 70
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 10 sqft
- Locker
- None
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Upgrades galore! Stunning unit close to the elevator, with an ultra-convenient parking spot. Heated washroom floors, covered balcony with 2 entrances, no carpet. Welcome home to Heritage North! This spacious 1 bedroom unit features a western view of sunsets, with entrances from both the living room and the bedroom, a true rarity in this building. Gorgeous open concept and updates throughout. Modern kitchen features a built-in oven, cooktop, stone backsplash and modern cabinets. Spa-like bathroom has a heated floor, and simply gleams with mosaic tile, glass shower enclosure, porcelain tile and granite counter, as well as a huge linen closet. The large bedroom has double closets and California shutters. With upgraded high baseboards and trim, warm laminate flooring and crown moulding throughout, this condo is immaculate! The in-suite laundry room with ceramic floor is simply massive - no need for a storage locker! The building is pristine and well maintained, with recent investments in new exterior balconies and railings. A close-knit community welcomes you with all the amenities: main floor reception room, games room with billiards and shuffleboard, library, gym, sauna, party room and barbecue patio, all situated on almost 10 acres of green space. The grounds feature a playground, sports courts and expansive grounds close to local community gardens, incredible trail networks, transit, and of course, all the downtown amenities and services.
Estimate your monthly payments for this property
Estimated Payment
$2,555.00/mo
Includes CMHC insurance ($13,894)
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.
155 Main Street Unit 227, 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 $623/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.
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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.