230 Sheffield Street, Newmarket

Price: $1,180,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13247548

Gorgeous 3+1 Bed Home In One Of Newmarket' s More Desirable Family Neighborhoods. Quiet Residential St. Home Shows Beautifully. Laminate throughout, Open Concept Kitchen, Finished basement & family Rm With Wood Fireplace. Smart thermostat, Outdoor Cameras In Front & Back, Pot Lights Outside Illuminating Outside Of The House. Fully Landscaped B/Yard, Patio & Deck To Enjoy Summer Bbqs.

230 Sheffield Street - Detached photo 1 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 2 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 3 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 4 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 5 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 6 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 7 of 8 in Newmarket, Ontario
230 Sheffield Street - Detached photo 8 of 8 in Newmarket, Ontario
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New Listing
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$1,180,000 - 230 Sheffield Street, Newmarket

Detached for Sale in Newmarket

New — Listed 3 days ago
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13247548
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Gorgeous 3+1 Bed Home In One Of Newmarket' s More Desirable Family Neighborhoods. Quiet Residential St. Home Shows Beautifully. Laminate throughout, Open Concept Kitchen, Finished basement & family Rm With Wood Fireplace. Smart thermostat, Outdoor Cameras In Front & Back, Pot Lights Outside Illuminating Outside Of The House. Fully Landscaped B/Yard, Patio & Deck To Enjoy Summer Bbqs.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,219.54/mo

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5-yr fixed avg.

Principal: $944,000Interest: $621,861
Mortgage Amount$944,000
Total Interest$621,861
Est. Property Tax$836/mo
Total Cost$1,565,861

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

230 Sheffield Street, 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)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$836
Insurance (est.)-$246
Net Cash Flow+$1,718

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 $787/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.

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.

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 $4,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    230 Sheffield Street, Newmark… — $1,180,000 | Battaglia Team