325 Laplante Street, Newmarket

Price: $1,200,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Townhouse

MLS#: N12957534

Nestled in the highly sought-after Summerhill Estates community, this stunning 3-storey (3 Bed + Den, 4 Bath) executive townhome offers the perfect blend of refined finishes, thoughtful design, and an unbeatable location. Designed for modern living, this residence is ideal for families, professionals, and anyone seeking both comfort and style in one of Newmarket's most desirable neighbourhoods. Surrounded by scenic walking trails, bike paths, and preserved green space just steps away, the community is thoughtfully designed to promote an active, family-friendly lifestyle. Residents enjoy being steps away from a private tennis court, along with a master-planned setting that includes parks, schools, and convenient proximity to grocery stores and everyday essentials. Ideally situated near Yonge Street, major highways, and GO Transit, the home offers effortless commuting while remaining close to premier shopping and dining, including Upper Canada Mall and two private schools: St. Andrews College & St. Anne's. This modern, carpet-free home showcases premium upgrades throughout, including elegant hardwood flooring in a sought-after Vintage Safari finish, a designer kitchen with quartz countertops and matching backsplash, and numerous high-end finishes. Enhanced for today's lifestyle, the home is equipped with smart home features, a full perimeter security camera system, and an EV charger with Tesla/NACS compatibility in the garage. Additional comfort and wellness features include a whole-home humidifier, reverse osmosis drinking water system, and a water softener for enhanced water quality throughout. Custom blinds are installed throughout the home, adding both style and functionality. With a strong emphasis on outdoor living and green space integration, this neighbourhood presents a rare blend of luxury and nature-further elevated by one of the largest backyards in the area, offering three to five times the outdoor space of most townhomes in the community.

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New Listing
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$1,200,000 - 325 Laplante Street, Newmarket

Townhouse for Sale in Newmarket

New — Listed 5 days ago
4Beds
4Baths
2,500 - 2,999Sq Ft
Townhouse
Property Details
MLS Number
N12957534
Property Type
Townhouse
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
CIREALTY
Description

Nestled in the highly sought-after Summerhill Estates community, this stunning 3-storey (3 Bed + Den, 4 Bath) executive townhome offers the perfect blend of refined finishes, thoughtful design, and an unbeatable location. Designed for modern living, this residence is ideal for families, professionals, and anyone seeking both comfort and style in one of Newmarket's most desirable neighbourhoods. Surrounded by scenic walking trails, bike paths, and preserved green space just steps away, the community is thoughtfully designed to promote an active, family-friendly lifestyle. Residents enjoy being steps away from a private tennis court, along with a master-planned setting that includes parks, schools, and convenient proximity to grocery stores and everyday essentials. Ideally situated near Yonge Street, major highways, and GO Transit, the home offers effortless commuting while remaining close to premier shopping and dining, including Upper Canada Mall and two private schools: St. Andrews College & St. Anne's. This modern, carpet-free home showcases premium upgrades throughout, including elegant hardwood flooring in a sought-after Vintage Safari finish, a designer kitchen with quartz countertops and matching backsplash, and numerous high-end finishes. Enhanced for today's lifestyle, the home is equipped with smart home features, a full perimeter security camera system, and an EV charger with Tesla/NACS compatibility in the garage. Additional comfort and wellness features include a whole-home humidifier, reverse osmosis drinking water system, and a water softener for enhanced water quality throughout. Custom blinds are installed throughout the home, adding both style and functionality. With a strong emphasis on outdoor living and green space integration, this neighbourhood presents a rare blend of luxury and nature-further elevated by one of the largest backyards in the area, offering three to five times the outdoor space of most townhomes in the community.

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Estimated Payment

$5,308.00/mo

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5-yr fixed avg.

Principal: $960,000Interest: $632,401
Mortgage Amount$960,000
Total Interest$632,401
Est. Property Tax$850/mo
Total Cost$1,592,401

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

325 Laplante Street, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,680/mo
Range: $3,128 - $4,232
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,680
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$2,580

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $480/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.

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 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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