$888,000 - 347 Luck Court, Newmarket
Townhouse for Sale in Newmarket
51 days on market- MLS Number
- N13043420
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 51
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- RED APPLE REAL ESTATE INC.
Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom townhouse nestled on a quiet court in the highly sought-after Woodland Hills community of Newmarket. Perfectly suited for families, professionals, and commuters alike, this exceptional home offers comfort, style, and an unbeatable location. Step inside to discover a meticulously cared-for interior featuring hardwood, ceramic, and luxury laminate flooring throughout. The inviting living room is the perfect place to relax or entertain, complete with a cozy gas fireplace and convenient TV connections above the mantel. Overlooking the living area and bright breakfast nook, the well-appointed kitchen boasts stainless steel appliances, a stylish glass backsplash, and a functional layout ideal for everyday living. Upstairs, you'll find three spacious bedrooms, including a generous primary retreat, along with two bathrooms and a convenient main-floor powder room. The fully finished basement adds valuable living space, offering a warm and welcoming rec room-perfect for movie nights, a play area, or a home office. Enjoy outdoor living in the fenced, south-facing backyard, ideal for soaking up the sun, gardening, or hosting friends. The newer interlock front entrance provides additional parking, while the built-in garage offers convenient access to both the home and backyard. Located just steps from the scenic Clifford Perry Place Boardwalk and a brand-new playground currently under construction, this home is perfectly positioned for young families. With easy access to Bathurst Street, commuting is effortless while still enjoying the peace and tranquility of this family-friendly neighbourhood. A wonderful opportunity to own a move-in ready home in one of Newmarket's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$4,555.90/mo
Includes CMHC insurance ($24,775)
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.
347 Luck Court, 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 $807/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.
Negotiation Opportunity
At 51 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.