244 Frederick Curran Lane, Newmarket

Price: $1,850,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13000658

Discover this one-of-a-kind masterpiece, meticulously crafted thoughtfully designed to harmonize elegance with nature. Nestled in a prestigious court location, this Energy Star Certified home offers an unparalleled living experience with too many upgrades to list! Step inside to hardwood floors throughout, complemented by a fireplaces that add warmth and sophistication. The gourmet kitchen is a chefs dream, outfitted with a full complement of Wolf, Sub-Zero, and Miele appliances and featuring a grand seamless granite island perfect for culinary creations and entertaining. Custom cabinetry and granite countertops extend throughout, offering both beauty and functionality. Every bathroom is a private retreat with glass-enclosed showers, elevating the spa-like experience. The professionally finished basement is an entertainers paradise, showcasing hardwood flooring, a custom wet bar, and a spacious fifth bed room ideal for guests or an additional living.

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$1,850,000 - 244 Frederick Curran Lane, Newmarket

Detached for Sale in Newmarket

62 days on market
5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13000658
Property Type
Detached
Status
active
Days on Site
62
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Discover this one-of-a-kind masterpiece, meticulously crafted thoughtfully designed to harmonize elegance with nature. Nestled in a prestigious court location, this Energy Star Certified home offers an unparalleled living experience with too many upgrades to list! Step inside to hardwood floors throughout, complemented by a fireplaces that add warmth and sophistication. The gourmet kitchen is a chefs dream, outfitted with a full complement of Wolf, Sub-Zero, and Miele appliances and featuring a grand seamless granite island perfect for culinary creations and entertaining. Custom cabinetry and granite countertops extend throughout, offering both beauty and functionality. Every bathroom is a private retreat with glass-enclosed showers, elevating the spa-like experience. The professionally finished basement is an entertainers paradise, showcasing hardwood flooring, a custom wet bar, and a spacious fifth bed room ideal for guests or an additional living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,183.17/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,480,000Interest: $974,952
Mortgage Amount$1,480,000
Total Interest$974,952
Est. Property Tax$1,310/mo
Total Cost$2,454,952

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

244 Frederick Curran Lane, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$2,505

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 $617/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 62 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.

Larger Home Realities

At 3,000 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 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 5 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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    244 Frederick Curran Lane, Newmarket | $1,850,000 | Battaglia Team