226 Septonne Avenue, Newmarket

Price: $625,000

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: N12951032

Semi-detached 2-storey home in Newmarket Heights ready for you to make it your own. Centrally located, this is a great home for those looking to enter the real estate market and build some sweat equity. Walk to schools, transit, shopping + much more, this home can work for families, investors, or down-sizers looking for an affordable freehold option in Newmarket. Featuring bright windows, flat yard, parking for 2+ cars, and the ability to finish the basement with an accessory apartment, this home has a lot of options for you to put your own plans on it. Don't miss this opportunity. No Survey

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New Listing
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$625,000 - 226 Septonne Avenue, Newmarket

Semi-Detached for Sale in Newmarket

New — Listed 7 days ago
3Beds
1Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
N12951032
Property Type
Semi-Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Newmarket
Lot Size
2,712 sqft
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Semi-detached 2-storey home in Newmarket Heights ready for you to make it your own. Centrally located, this is a great home for those looking to enter the real estate market and build some sweat equity. Walk to schools, transit, shopping + much more, this home can work for families, investors, or down-sizers looking for an affordable freehold option in Newmarket. Featuring bright windows, flat yard, parking for 2+ cars, and the ability to finish the basement with an accessory apartment, this home has a lot of options for you to put your own plans on it. Don't miss this opportunity. No Survey

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.57/mo

Includes CMHC insurance ($17,438)

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5-yr fixed avg.

Principal: $562,500Interest: $382,035
Mortgage Amount$579,938
Total Interest$382,035
Est. Property Tax$443/mo
Total Cost$961,972

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

226 Septonne Avenue, 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)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$2,227

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $893/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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