$1,199,000 - 297 Burford Street, Newmarket
Detached for Sale in Newmarket
New — Listed 4 days ago- MLS Number
- N13423370
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to this beautifully fully renovated 4+1 bedroom home on prestigious Burford Street -one of Newmarket's most desirable streets. With over $230,000 invested in top to bottom renovations, this 2000 sqft detached home has been completely transformed with high-end finishes and exceptional attention to detail. Situated on a pool-sized 50 x 115 ft lot with mature trees, a welcoming front porch, parking for four vehicles, and a double-car garage, this turnkey home blends modern luxury with timeless charm in an unbeatable location. Step inside to find wide-plank engineered hardwood flooring throughout, oversized 8-inchbaseboards, and an abundance of pot lights that create a bright, modern feel. The stunning new open concept kitchen is truly the heart of the home featuring oversized quartz cabinetry, a stylish coffee bar to enjoy your morning cappuccino, and brand-new stainless steel appliances including a double-door fridge, double wall oven, electric cooktop, and dishwasher. The statement waterfall island makes it the perfect space for entertaining. All bathrooms have been fully upgraded, and each spacious bedroom includes custom closet organizers for practical, elevated living. The inviting living room is anchored by a charming wood-burning fireplace and the beautifully redesigned staircase includes elegant iron railings. A main-floor laundry room with built-in cabinetry and zebra blinds throughout complete the home's sophisticated upgrades. The finished walkout basement offers incredible flexibility with a fifth bedroom and potential for a future in-law or income suite. Strategically located less than five minutes from Downtown New market - home to charming coffee shops, pet boutiques, and the renowned The Postmark Hotel - and just 5 minutes to Upper Canada Mall, New market Go Station and major highways.
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.
297 Burford Street, 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 $799/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.
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 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.
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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.