$793,000 - 18 Brandy Lane Way, Newmarket
Condo for Sale in Newmarket
79 days on market- MLS Number
- N12932888
- Property Type
- Condo
- Status
- active
- Days on Site
- 79
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
This spacious home offers generous principal rooms, with three bedrooms and three bathrooms. The carpet-free interior is finished with brand-new hardwood flooring on both main floor and second floor. Brand-new bathrooms, Brand-new, beautifully updated kitchen boasts new cabinetry with a full-height pantry, sleek quartz countertops, and new stainless steel appliances. Brand-new stairs and metal railing. Brand-new exterior stair handrails. The master bedroom with in-suite easily accommodates a king-sized bed with extra space and Her and His closets. Thoughtfully renovated with approximately $80,000 in premium upgrades, the home showcases quality and style throughout. This bright, sun-filled townhouse features a modern open-concept design, a cozy fireplace, and elegant hardwood stairs with metal railings. Additional highlights include convenient garage access and a walk-out to a private backyard, Low monthly maintenance fees of just $142. Located on a large lot in a desirable community near Mulock and Yonge Street, just minutes from Highways 400 and 404, Newmarket GO, and Upper Canada Mall.
Estimate your monthly payments for this property
Estimated Payment
$4,068.50/mo
Includes CMHC insurance ($22,125)
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.
18 Brandy Lane Way, Newmarket
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $661/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 79 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.
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 $3,304 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.