$1,149,993 - 308 Rushbrook Drive, Newmarket
Detached for Sale in Newmarket
- MLS Number
- N13165392
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this beautifully maintained 2-storey family home in the highly desirable Summerhill Estates community of Newmarket. Offering approximately 2,454 sq. ft. of finished living space above grade, this spacious 4-bedroom home combines comfort, functionality, and exceptional outdoor living.The thoughtfully designed layout features generously sized principal rooms and large bedrooms throughout. The spacious primary retreat includes a 4-piece ensuite bathroom and walk-in closet. A standout feature of the home is the stunning sunken 4th bedroom above the garage, showcasing a beautiful cathedral ceiling that creates a bright and inviting space perfect for a bedroom, office, or family retreat.The updated kitchen is ideal for everyday living and entertaining, complete with stainless steel appliances, granite countertops, and a large breakfast area overlooking the backyard oasis. Step outside to enjoy the beautifully landscaped backyard featuring an inviting in-ground swimming pool, hot tub, and multiple entertaining areas perfect for relaxing or hosting family and friends.Additional highlights include a double-car garage, oversized driveway accommodating up to 4 additional vehicles, triple-glazed windows (2015), roof (2013), and pool installation (2016).Located in one of Newmarket's most sought-after family neighbourhoods, close to parks, top-rated schools, shopping, transit, and all amenities.A fantastic opportunity to own a spacious family home with resort-style backyard living in prestigious Summerhill Estates.
Estimate your monthly payments for this property
Estimated Payment
$5,086.80/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.
308 Rushbrook Drive, 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 $575/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.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.