$1,029,000 - 227 Thoms Crescent, Newmarket
Detached for Sale in Newmarket
Popular Listing- MLS Number
- N12939236
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Exquisitely upgraded detached residence that features four generously sized bedrooms, nestled in a highly sought-after,family-oriented neighbourhood. This exceptional home showcases a contemporary open-concept layout,thoughtfully designed to maximize both functionality and aesthetic appeal. The striking kitchen serves as the centrepiece of the home, overlooking the expansive combined living and dining areas. It boasts stainless steel appliances, ample cabinetry, and a substantial central island, which is ideally designed for both casual gatherings and formal entertaining. The integrated living and dining spaces are bathed in natural light, creating a welcoming environment for family and guests alike. Four spacious bedrooms. Primary bedroom featuring a ensuite bathroom. The residence exudes an inviting atmosphere, enhanced by large windows that allow for an abundance of natural light throughout the day. The fully finished basement is a remarkable addition,featuring a separate entrance, a kitchen, and an additional bedroom. Conveniently located, this property is in close proximity to a myriad of amenities, including restaurants, shopping mall, a hospital, and schools. We invite you to explore the remarkable potential of this distinguished residence and consider the opportunity to make it your own.
Estimate your monthly payments for this property
Estimated Payment
$4,551.61/mo
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.
227 Thoms Crescent, 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
Fair Market Value
At $935/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.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Newmarket.
Bathroom Count Matters
With 4 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 $4,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.