$999,000 - 242 Marble Place, Newmarket
Semi-Detached for Sale in Newmarket
137 days on market- MLS Number
- N12519048
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 2,387 sqft
- Listing Brokerage
- EXP REALTY
FIVE REASONS WHY 242 MARBLE PLACE IS THE PERFECT FAMILY HOME YOU'VE BEEN WAITING FOR!1. PRIME LOCATION - SITUATED IN THE HIGHLY SOUGHT-AFTER WOODLAND HILL COMMUNITY, THIS HOME IS SURROUNDED BY TOP-RATED SCHOOLS, PARKS, TRAILS, SHOPPING MALLS, AND TRANSIT, MAKING DAILY LIFE INCREDIBLY CONVENIENT FOR FAMILIES.2. BEAUTIFULLY MAINTAINED - THIS 4-BEDROOM SEMI-DETACHED GEM SHINES WITH PRIDE OF OWNERSHIP. SUNNY, FUNCTIONAL LAYOUT WITH A KITCHEN AND PANTRY, LARGE LIVING SPACES, AND NO SIDEWALK FOR EXTRA PARKING CONVENIENCE.3. FULLY FINISHED BASEMENT - FEATURES A BUILT-IN BOOKCASE, POT LIGHTS, AND A MASSIVE STORAGE ROOM. PERFECT FOR A COZY FAMILY ROOM, HOME OFFICE, OR GYM SETUP - FLEXIBLE AND READY FOR YOUR LIFESTYLE.4. UPDATED MECHANICALS & SMART FEATURES - ENJOY WORRY-FREE LIVING WITH MAJOR UPDATES ALREADY DONE: FURNACE (2022), TANKLESS WATER HEATER - OWNED (2022), ROOF (2020), A/C (2019), AND DUCTWORK (2021). PLUS, THE ECOBEE SMART THERMOSTAT ADDS MODERN COMFORT AND ENERGY EFFICIENCY.5. QUIET STREET & PRIVATE YARD - LOCATED ON A PEACEFUL, FAMILY-FRIENDLY STREET WITH NO SIDEWALK, OFFERING EXTRA DRIVEWAY SPACE AND A LARGE, PRIVATE BACKYARD - PERFECT FOR ENTERTAINING, GARDENING, OR SIMPLY RELAXING IN YOUR OWN OUTDOOR OASIS. 242 MARBLE PLACE IS THE COMPLETE PACKAGE - SPACE, COMFORT, AND LOCATION ALL IN ONE. A RARE OPPORTUNITY TO OWN A TURNKEY FAMILY HOME IN ONE OF NEWMARKET'S MOST DESIRABLE NEIGHBOURHOODS. BOOK YOUR SHOWING TODAY AND MAKE THIS YOUR NEXT MOVE! OPEN HOUSE NOVEMBER 15 TO 16 AT 2:00PM - 4:00PM
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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.
242 Marble Place, 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
Competitive Pricing
At $666/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.
Negotiation Opportunity
At 137 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.
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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.