$948,000 - 231 Appleton Court, Newmarket
Townhouse for Sale in Newmarket
- MLS Number
- N13137898
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Skip the condo lifestyle - and the condo fees! Welcome to one of Newmarket's best-kept courts, where this beautifully maintained freehold Executive townhouse offers the perfect blend of style, space, and convenience. Tucked away on a quiet cul-de-sac, yet just steps to transit, shopping, dining, parks, Downtown Main Street and every amenity, this home delivers exceptional turnkey living in a prime central location. Offering 1,750 sq. ft. of living space, this rare true 3-bedroom layout on this street (not a converted basement bedroom!) features 3 bathrooms and a finished walk-out basement to your tranquil backyard oasis - a rare find in this area. Built in 2014 and meticulously upgraded throughout, the home showcases hardwood flooring on the main and upper levels, smooth ceilings throughout, pot lights, upgraded interior doors, and oak staircase with iron pickets. The custom ensuite shower adds a luxurious touch. The upgraded kitchen is designed to impress with granite countertops, extended cabinetry, soft-close drawers, pantry addition, and a custom backsplash. Enjoy seamless indoor/outdoor living with an oversized deck featuring a gas BBQ hookup, private patio, and fully fenced backyard. Additional highlights include no carpet, no sidewalk, no maintenance fees, garage access, and parking for 3 vehicles with a premium long driveway. Conveniently located steps to Viva/YRT transit, restaurants, parks, Upper Canada Mall, and just minutes to Highways 404 and 400. Includes water softener, central vacuum, and newer washer & dryer (2022). Perfect for first-time buyers, professionals, families, or downsizers seeking low-maintenance, move-in-ready living in one of Newmarket's most desirable locations. Just move in and enjoy! Select furnishings may be available for purchase.
Estimate your monthly payments for this property
Estimated Payment
$4,863.73/mo
Includes CMHC insurance ($26,449)
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.
231 Appleton Court, Newmarket
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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
Fair Market Value
At $862/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.
Market Position
At 28 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.
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 $3,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.