$878,000 - 305 Andrew Street, Newmarket
Detached for Sale in Newmarket
Popular Listing- MLS Number
- N12950134
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- HOMELIFE BROADWAY REALTY INC.
Larger Then Appears !! Welcome to This Beautiful Detached Home on a 50x140 ft Lot in a Prime Central Newmarket location, 3 Bedrooms on Main Floor plus 1 Bedroom Basement Apartment offer about 1800 sf living space. Private Double Driveway can park 4 vehicles. Over $100K Recently Upgrades, New External Water Proofing; Upgraded 200 AMP Electrical Panel with Electrical Safety Authority(ESA); New Garage Door, New Bathroom on Main Floor, Kitchen(2 yrs). Laminate Floor Throughout the house, Open Concept Kitchen with Backsplash, Quartz Counters and S/S Appliances, Functional layout offer a good size & formal Living room and Dinning room, Finished Walk-up Basement Apartment(2 yrs) with Bright & Large Rec Room (New Flooring) and Separate Entrance offer potential income. A Large Utility room can converted to a 5th bedroom (if needed). Walk to Main Street, Fairy Lake, parks, restaurants, shops, school, GO Station, transit & hospital.
Estimate your monthly payments for this property
Estimated Payment
$4,504.60/mo
Includes CMHC insurance ($24,496)
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.
305 Andrew 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 $798/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.
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.
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 $3,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.