195 Brammar Street, Newmarket

Price: $1,185,000

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13141876

Fantastic opportunity to get into Glenway in an exceptional family home being sold by original owners. This Glenway Estates home is located in a prime area of town, on a quiet street and complete with an in-law suite! This well appointed layout offers large principle rooms and a practical flow to the home. The main floor features a traditional layout with a separate living, dining and family rooms along with an eat in kitchen and two pantries for storage. The living room has a welcoming entrance with french doors just off the front foyer and features a beautiful bow window. The dining room is perfect to enjoy holiday dinners with family and friends. The custom wainscotting and access to the kitchen, while still being open and accessible from the living room, make this space ideal for hosting. On the other side of the kitchen you will find a large family room; the perfect place to unwind in front of the fireplace. The main floor also has mudroom/laundry room with a side entrance to the outside and garage entrance. The upper level (offered by the builder as a 3 or 4 bedroom home) has 3 larger bedrooms loaded with charm and unique features like rounded walls, custom built-in shelving/wardrobes and a beautiful bench seat with storage in the primary bedroom. The basement is finished with an in-law suite including living/dining room, kitchen, large bedroom with a walk-in closet and a full 4 piece bathroom. The opposite side of the basement is home to an office with a 2pc ensuite. This set up allows multiple uses for the basement with some division if needed. This home has been freshly painted, is well built and located in an ideal area of Newmarket, tucked away on a quiet side street with local traffic only but with access to all the major roads, transit lines, shopping, restaurants, rec centre and hospital. A perfect home that will grow with your family as your needs change, just like it did for the original owners. Seller does not warrant retrofit status of basement.

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$1,185,000 - 195 Brammar Street, Newmarket

Detached for Sale in Newmarket

31 days on market
4Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13141876
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
MAIN STREET REALTY LTD.
Description

Fantastic opportunity to get into Glenway in an exceptional family home being sold by original owners. This Glenway Estates home is located in a prime area of town, on a quiet street and complete with an in-law suite! This well appointed layout offers large principle rooms and a practical flow to the home. The main floor features a traditional layout with a separate living, dining and family rooms along with an eat in kitchen and two pantries for storage. The living room has a welcoming entrance with french doors just off the front foyer and features a beautiful bow window. The dining room is perfect to enjoy holiday dinners with family and friends. The custom wainscotting and access to the kitchen, while still being open and accessible from the living room, make this space ideal for hosting. On the other side of the kitchen you will find a large family room; the perfect place to unwind in front of the fireplace. The main floor also has mudroom/laundry room with a side entrance to the outside and garage entrance. The upper level (offered by the builder as a 3 or 4 bedroom home) has 3 larger bedrooms loaded with charm and unique features like rounded walls, custom built-in shelving/wardrobes and a beautiful bench seat with storage in the primary bedroom. The basement is finished with an in-law suite including living/dining room, kitchen, large bedroom with a walk-in closet and a full 4 piece bathroom. The opposite side of the basement is home to an office with a 2pc ensuite. This set up allows multiple uses for the basement with some division if needed. This home has been freshly painted, is well built and located in an ideal area of Newmarket, tucked away on a quiet side street with local traffic only but with access to all the major roads, transit lines, shopping, restaurants, rec centre and hospital. A perfect home that will grow with your family as your needs change, just like it did for the original owners. Seller does not warrant retrofit status of basement.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,241.65/mo

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5-yr fixed avg.

Principal: $948,000Interest: $624,496
Mortgage Amount$948,000
Total Interest$624,496
Est. Property Tax$839/mo
Total Cost$1,572,496

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

195 Brammar Street, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$839
Insurance (est.)-$247
Net Cash Flow+$2,464

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

Competitive Pricing

At $474/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 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 5 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 $4,938 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    195 Brammar Street, Newmarket | $1,185,000 | Battaglia Team