370 Riddell Court Unit 21, Newmarket

Price: $799,000

4 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N12918240

WOW! Very cozy townhome with extra living space - Yes, You've Found it! Rarely available 4-Bedroom End-Unit Townhome with Finished Basement. Offering 1,755 sf of living space! "Best Bang For Your Buck" with such property! Largest Model in this location... Feels & Lives Just Like A Freehold With Exceptionally Low Maintenance Fees, Nestled In A Quiet, Private Enclave Just Minutes To Hwy 404, Commuters Dream! Sun-Drenched & Thoughtfully Designed, This Stunning Home Blends Everyday Functionality With Refined Elegance, Perfectly Suited For Growing Families & Busy Professionals. A Unique European-Inspired Private Side Entrance Sets This Home Apart With Undeniable Curb Appeal & Charm. Step Inside To Discover A Bright Open-Concept Living & Dining Area Plus A Separate Family Room Featuring Large Windows & Beautiful Finishes - Ideal For Relaxing Or Entertaining. The Spacious & Stylish Kitchen Impresses With Granite Countertops, Gas Stove, Stainless Steel Appliances & Pot Lights. Rich Solid Oak Hardwood Floors Flow Throughout The Main Level. Upstairs Offers A Rarely Available 4-Bedroom Layout With Large Windows & Abundant Natural Light. The 4th bedroom is "Open Concept" The Primary Bedroom Features A Gorgeous Walk-Through His & Hers Closet Leading To A Private Ensuite A Truly Unique & Elegant Touch. Step Through The Large Sliding Door Into Your Own Backyard Paradise - A Private, Low-Maintenance Oasis Complete With Interlocking Stone Walkway & A Beautiful Pergola, Perfect For Summer Gatherings, Weekend BBQs Or Your Morning Coffee. The Fully Finished Basement Adds Incredible Bonus Living Space With A Dedicated Home Office & Cozy Media Room Plus Ample Storage. Bonus: Visitor Parking Conveniently Located Right Next To The Unit - Perfect For Guests! NEW Furnace & Heat Pump (2023) - Fully Owned - Maximum Efficiency & Comfort Year-Round! Steps To Top-Rated Schools, Parks, Shopping, Groceries, Banks, GO Station & Hwy 404. This Is The One You've Been Waiting For-Just Move In & Enjoy!

370 Riddell Court Unit 21 - Condo photo 1 of 39 in Newmarket, Ontario
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active
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$799,000 - 370 Riddell Court Unit 21, Newmarket

Condo for Sale in Newmarket

4Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N12918240
Property Type
Condo
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Newmarket
Locker
Ensuite
Exposure
West
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

WOW! Very cozy townhome with extra living space - Yes, You've Found it! Rarely available 4-Bedroom End-Unit Townhome with Finished Basement. Offering 1,755 sf of living space! "Best Bang For Your Buck" with such property! Largest Model in this location... Feels & Lives Just Like A Freehold With Exceptionally Low Maintenance Fees, Nestled In A Quiet, Private Enclave Just Minutes To Hwy 404, Commuters Dream! Sun-Drenched & Thoughtfully Designed, This Stunning Home Blends Everyday Functionality With Refined Elegance, Perfectly Suited For Growing Families & Busy Professionals. A Unique European-Inspired Private Side Entrance Sets This Home Apart With Undeniable Curb Appeal & Charm. Step Inside To Discover A Bright Open-Concept Living & Dining Area Plus A Separate Family Room Featuring Large Windows & Beautiful Finishes - Ideal For Relaxing Or Entertaining. The Spacious & Stylish Kitchen Impresses With Granite Countertops, Gas Stove, Stainless Steel Appliances & Pot Lights. Rich Solid Oak Hardwood Floors Flow Throughout The Main Level. Upstairs Offers A Rarely Available 4-Bedroom Layout With Large Windows & Abundant Natural Light. The 4th bedroom is "Open Concept" The Primary Bedroom Features A Gorgeous Walk-Through His & Hers Closet Leading To A Private Ensuite A Truly Unique & Elegant Touch. Step Through The Large Sliding Door Into Your Own Backyard Paradise - A Private, Low-Maintenance Oasis Complete With Interlocking Stone Walkway & A Beautiful Pergola, Perfect For Summer Gatherings, Weekend BBQs Or Your Morning Coffee. The Fully Finished Basement Adds Incredible Bonus Living Space With A Dedicated Home Office & Cozy Media Room Plus Ample Storage. Bonus: Visitor Parking Conveniently Located Right Next To The Unit - Perfect For Guests! NEW Furnace & Heat Pump (2023) - Fully Owned - Maximum Efficiency & Comfort Year-Round! Steps To Top-Rated Schools, Parks, Shopping, Groceries, Banks, GO Station & Hwy 404. This Is The One You've Been Waiting For-Just Move In & Enjoy!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

370 Riddell Court Unit 21, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,838

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 $571/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 16 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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