390 Binns Avenue, Newmarket

Price: $1,349,000

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13410594

Welcome to an exceptional family home nestled on one of the most desirable streets in this sought-after Glenway neighbourhood! Offering over 3,400 sq ft of beautifully designed living space w additional living/bonus space on the lower level. This bright and spacious home perfectly blends comfort, flexibility, and style.The standout feature is its rare and thoughtfully designed upper-level layout, featuring two primary suites-ideal for multigenerational living, in-laws, a nanny, or a growing teen seeking their own retreat. The main primary BR offers a relaxing sitting area, w/in closet & ensuite, while the second suite includes its own sitting space and full ensuite-an incredibly rare and valuable find! Two additional generously sized bedrooms complete the upper level. On the main floor, the home effortlessly supports both everyday living and elegant entertaining, w a welcoming living rm and formal dining area. The mn flr office is perfect for working from home. The heart of the home is the bright eat-in kitchen, which flows seamlessly into the cozy family room featuring a charming wood-burning fireplace. Pocket French doors allow you to create an open or intimate space depending on the occasion. Step outside from both the kitchen and family room to a large deck overlooking a fully fenced, private backyard-perfect for summer BBQs, entertaining, or enjoying peaceful family moments. Additional conveniences include main floor laundry and direct garage access, making day-to-day living effortless. Located just minutes from top amenities including Upper Canada Mall, a wide variety of dining options, GO Transit, and the vibrant shops and charm of Main Street Newmarket and Fairy Lake. Commuters will appreciate quick access to Highways 400 and 404. Glenway is known for its excellent schools, beautiful parks, and strong sense of community-making it one of Newmarket's most desirable places to call home. This is more than a house-it's a home designed to grow with your family!

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active
New Listing
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$1,349,000 - 390 Binns Avenue, Newmarket

Detached for Sale in Newmarket

New — Listed 2 days ago
5Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13410594
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to an exceptional family home nestled on one of the most desirable streets in this sought-after Glenway neighbourhood! Offering over 3,400 sq ft of beautifully designed living space w additional living/bonus space on the lower level. This bright and spacious home perfectly blends comfort, flexibility, and style.The standout feature is its rare and thoughtfully designed upper-level layout, featuring two primary suites-ideal for multigenerational living, in-laws, a nanny, or a growing teen seeking their own retreat. The main primary BR offers a relaxing sitting area, w/in closet & ensuite, while the second suite includes its own sitting space and full ensuite-an incredibly rare and valuable find! Two additional generously sized bedrooms complete the upper level. On the main floor, the home effortlessly supports both everyday living and elegant entertaining, w a welcoming living rm and formal dining area. The mn flr office is perfect for working from home. The heart of the home is the bright eat-in kitchen, which flows seamlessly into the cozy family room featuring a charming wood-burning fireplace. Pocket French doors allow you to create an open or intimate space depending on the occasion. Step outside from both the kitchen and family room to a large deck overlooking a fully fenced, private backyard-perfect for summer BBQs, entertaining, or enjoying peaceful family moments. Additional conveniences include main floor laundry and direct garage access, making day-to-day living effortless. Located just minutes from top amenities including Upper Canada Mall, a wide variety of dining options, GO Transit, and the vibrant shops and charm of Main Street Newmarket and Fairy Lake. Commuters will appreciate quick access to Highways 400 and 404. Glenway is known for its excellent schools, beautiful parks, and strong sense of community-making it one of Newmarket's most desirable places to call home. This is more than a house-it's a home designed to grow with your family!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,967.08/mo

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5-yr fixed avg.

Principal: $1,079,200Interest: $710,925
Mortgage Amount$1,079,200
Total Interest$710,925
Est. Property Tax$956/mo
Total Cost$1,790,125

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

390 Binns Avenue, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,963

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $450/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.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Newmarket.

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.

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    390 Binns Avenue, Newmarket — $1,349,000 | Battaglia Team