236 Mccaffrey Road, Newmarket

Price: $1,548,000

7 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12898196

"OWNER is WILLING to Make a SEPARATE ENTRANCE for the BASEMENT if needed BEFORE OCCUPANCY "Beautiful and updated 4-bedroom, 4-bathroom detached home offering 3,520 sq ft of living space on a premium approximate 60 x 200 ft lot. Features hardwood floors throughout, updated kitchen with granite countertops and stainless steel appliances, updated bathrooms, pot lights, new garage doors, refinished staircase, and new hardwood on stairs and second-floor hallway. Enjoy a private backyard oasis with mature cedar trees, large deck, family-sized gazebo, and a beautiful pond. Finished basement includes two bedrooms, one bathroom, a mini kitchenette, and is easily convertible to a separate entrance( Owner is willing to make a separate entrance before closing day)New washer and dryer included. Located in a family-friendly neighborhood, walking distance to Yonge Street, Upper Canada Mall, Ray TWINNEY Recreation Complex , and GO Bus, and close to all amenities

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$1,548,000 - 236 Mccaffrey Road, Newmarket

Detached for Sale in Newmarket

7Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12898196
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
7
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Newmarket
Lot Size
9,850 sqft
Listing Brokerage
RIGHT AT HOME REALTY
Description

"OWNER is WILLING to Make a SEPARATE ENTRANCE for the BASEMENT if needed BEFORE OCCUPANCY "Beautiful and updated 4-bedroom, 4-bathroom detached home offering 3,520 sq ft of living space on a premium approximate 60 x 200 ft lot. Features hardwood floors throughout, updated kitchen with granite countertops and stainless steel appliances, updated bathrooms, pot lights, new garage doors, refinished staircase, and new hardwood on stairs and second-floor hallway. Enjoy a private backyard oasis with mature cedar trees, large deck, family-sized gazebo, and a beautiful pond. Finished basement includes two bedrooms, one bathroom, a mini kitchenette, and is easily convertible to a separate entrance( Owner is willing to make a separate entrance before closing day)New washer and dryer included. Located in a family-friendly neighborhood, walking distance to Yonge Street, Upper Canada Mall, Ray TWINNEY Recreation Complex , and GO Bus, and close to all amenities

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,847.33/mo

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5-yr fixed avg.

Principal: $1,238,400Interest: $815,798
Mortgage Amount$1,238,400
Total Interest$815,798
Est. Property Tax$1,097/mo
Total Cost$2,054,198

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

236 Mccaffrey Road, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,250/mo
Range: $4,463 - $6,037
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,250
Maintenance Fees-$0
Property Tax (est.)-$1,097
Insurance (est.)-$323
Net Cash Flow+$3,830

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

Competitive Pricing

At $442/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 22 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 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.

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