178 Parkview Crescent, Newmarket

Price: $1,518,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13123958

Welcome to 178 Parkview Crescent, where everyday living feels more relaxed in the heart of central Newmarket. Tucked away on a quiet, tree-lined street,you can start your mornings with a coffee & a stroll to Main Street, unwind by Fairy Lake & enjoy being just mins from Upper Canada Mall & all essential amenities. Set on an impressive 126 x 75 ft lot, this newly renovated (2021) custom home invites you to slow down & truly enjoy your surroundings. Fts upgraded windows(2021),roof (2021)&timeless Maibec siding,the home blends quality craftsmanship w/ long-term peace of mind.The covered front porch & warm exterior details create an inviting first impression,perfect for both quiet mornings and relaxed evenings.Inside,comfort meets elevated design.Hand-scraped hardwood floors,soft pot lighting&elegant crown moulding create a warm,refined atmosphere.The open-concept living & dining area,highlighted by a custom tray ceiling,offers the ideal space for both intimate nights in and effortless entertaining.At the heart of the home, the gourmet kitchen is designed for connection and functionality. Outfitted w/ premium Jenn-Air appliances, a gas stove, wine fridge, panelled fridge and dishwasher, and a large centre island, it's as practical as it is beautiful. Calacatta quartz countertops&backsplash add a timeless,luxurious finish,while the seamless walkout enhances indoor-outdoor living.The main floor primary suite provides a peaceful retreat, complete with a spa-inspired ensuite and soaker tub. Main floor laundry adds everyday convenience, while the heated tandem garage w/ bathroom offers incredible flexibility.Downstairs, the fully finished basement expands your lifestyle with a cozy gas fireplace, additional bedroom, 3-piece bath&versatile space for a home office,gym, or guests w/ potential for an in-law suite.Step outside to your private, fully fenced backyard oasis. Enjoy the inground pool, gazebo & newer composite deck,perfect for long summer days and easy outdoor living.

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$1,518,000 - 178 Parkview Crescent, Newmarket

Detached for Sale in Newmarket

31 days on market
4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13123958
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX REALTRON TURNKEY REALTY
Description

Welcome to 178 Parkview Crescent, where everyday living feels more relaxed in the heart of central Newmarket. Tucked away on a quiet, tree-lined street,you can start your mornings with a coffee & a stroll to Main Street, unwind by Fairy Lake & enjoy being just mins from Upper Canada Mall & all essential amenities. Set on an impressive 126 x 75 ft lot, this newly renovated (2021) custom home invites you to slow down & truly enjoy your surroundings. Fts upgraded windows(2021),roof (2021)&timeless Maibec siding,the home blends quality craftsmanship w/ long-term peace of mind.The covered front porch & warm exterior details create an inviting first impression,perfect for both quiet mornings and relaxed evenings.Inside,comfort meets elevated design.Hand-scraped hardwood floors,soft pot lighting&elegant crown moulding create a warm,refined atmosphere.The open-concept living & dining area,highlighted by a custom tray ceiling,offers the ideal space for both intimate nights in and effortless entertaining.At the heart of the home, the gourmet kitchen is designed for connection and functionality. Outfitted w/ premium Jenn-Air appliances, a gas stove, wine fridge, panelled fridge and dishwasher, and a large centre island, it's as practical as it is beautiful. Calacatta quartz countertops&backsplash add a timeless,luxurious finish,while the seamless walkout enhances indoor-outdoor living.The main floor primary suite provides a peaceful retreat, complete with a spa-inspired ensuite and soaker tub. Main floor laundry adds everyday convenience, while the heated tandem garage w/ bathroom offers incredible flexibility.Downstairs, the fully finished basement expands your lifestyle with a cozy gas fireplace, additional bedroom, 3-piece bath&versatile space for a home office,gym, or guests w/ potential for an in-law suite.Step outside to your private, fully fenced backyard oasis. Enjoy the inground pool, gazebo & newer composite deck,perfect for long summer days and easy outdoor living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,714.63/mo

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5-yr fixed avg.

Principal: $1,214,400Interest: $799,988
Mortgage Amount$1,214,400
Total Interest$799,988
Est. Property Tax$1,075/mo
Total Cost$2,014,388

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

178 Parkview Crescent, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,075
Insurance (est.)-$316
Net Cash Flow+$1,809

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 $1380/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.

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 $6,325 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    178 Parkview Crescent, Newmar… — $1,518,000 | Battaglia Team