$1,199,888 - 376 Wakefield Place, Newmarket
Detached for Sale in Newmarket
New — Listed 5 days ago- MLS Number
- N13412792
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 16,770 sqft
- Listing Brokerage
- LPT REALTY
Looking For A Family-friendly Home With A Private Backyard Retreat, Mature Trees, And A Quiet Court Location In One Of Newmarket's Most Desirable Neighbourhoods? Tucked Away At The End Of A Sought-after Cul-de-sac On A 400 ft Deep Pie Shaped Lot. This Charming Bristol-London Detached 4 Level Backsplit Offers The Perfect Balance Of Space, Comfort, And Convenience. Inside, Multiple Living Areas Provide Versatility And Charm, Easily Adapting To Your Lifestyle Needs. The Bright Lower Level, Complete With Walkout Sliding Glass Doors, Offers An Ideal Space For A Home Office, Family Room, Or Guest/In-Law Suite. The Basement Level Further Expands The Possibilities, Well-Suited For A Workshop, Home Gym, Or Additional Storage. With Its Flexible Layout And Exceptional Outdoor Setting, This Home Presents A Unique Opportunity For The Discerning Buyer Seeking Both Comfort And Potential. Located Just Minutes From Schools, Transit, Parks, Restaurants, And Everyday Amenities, This Is The Kind Of Neighbourhood Where Families Settle In And Stay For Years. If You've Been Searching For A Home With Space To Grow, A Backyard You'll Love, And A Location That's Hard To Beat, This One Deserves A Spot At The Top Of Your List. Come See It For Yourself-you Won't Want To Leave!
Estimate your monthly payments for this property
Estimated Payment
$5,307.51/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.
376 Wakefield Place, Newmarket
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $1091/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.