$1,199,000 - 246 Jelley Avenue, Newmarket
Detached for Sale in Newmarket
New — Listed 2 days ago- MLS Number
- N12980544
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Client Remarks Stunning 5+1 Bedroom, 4 Washroom Beautifully Upgraded Family Home in Sought After Armitage *Almost 3,200 sq ft of Above Grade Living Space *Bright Living Room w/ Large Bay Window Overlooking Front Yard *Spacious Dining Room, Over-Looking Living Room *Bright & Large Upgraded Eat-in Kitchen w/ Quartz Counters, Stainless Steel Appliances, Backsplash * Bright Breakfast Area w/ French Doors to Walk-Out to Deck *Large Family Room w/ Wood Burning Fireplace, Crown Mouldings & Pot Lights *Incredibly Spacious Primary Bedroom w/ 4pc Ensuite & Walk-In Closet w/Eletric Fireplace *4 Additional Large Bedrooms, 3 w/ Walk-In Closets *Fully Finished Huge Basement w/ Gas Fireplace, 3 Pc New Washroom, Wet Bar, Additional Bedroom or can be a Games Area (currently used as a music working space ) *Private & Stunning Backyard w/ Serene Water Feature * This Home is an Absolute Entertainer's Dream! This is a well-cared-for home in a prime location close to schools, parks, and amenities-an ideal option for families seeking space and comfort.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/mo
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.
246 Jelley Avenue, 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 $400/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.
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 6 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.