393 Marble Place, Newmarket

Price: $799,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: N12955114

16-ft Two-Story Staircase Foyer! Walk-out Basement! Party-Sized Dinning Deck! Welcome to the 393 Marble Place, an unique, one of its kind Semi-detached home in the heart of Newmarket. Located in the convenient & family-friendly Woodland Hill neighborhood, this beautifully upgraded home showcases a bright open-concept layout with modern flooring, pot lights, & contemporary window coverings throughout, plus a warm, inviting atmosphere. The spacious family room w/gas fireplace flows effortlessly into the horseshoe kitchen with ample cabinetry, generous counter space; the sun-filled breakfast area walk-out to a private, oversized deck - perfect for entertaining guests with BBQ parties. The dinning room can be turned into a gigantic den with cozy ambience. Following the upgraded hardwood staircase from the airy connecting foyer, the upstairs features a bright hallway & 3 generously sized bedrooms, including a glamorously renovated primary ensuite! The fully finished Walk-Out basement adds exceptional versatility with a large rec room, striking accent wall, & a full bathroom - ideal for extended family, guests, or a home office setup. Major upgrades provide new owner peace of mind, including newer roof, furnace, upgraded insulation, and all windows, patio doors, and main entrance door replaced. Enhanced curb appeal with professionally completed landscaping & walkway. Enjoy a fully fenced backyard, ample parking for 3 cars, and close proximity to parks, schools, shopping, & transit. An absolute turnkey opportunity offering style, comfort, and long-term value-perfect for growing families!

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active
New Listing
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$799,000 - 393 Marble Place, Newmarket

Semi-Detached for Sale in Newmarket

New — Listed 7 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
N12955114
Property Type
Semi-Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
PROMPTON REAL ESTATE SERVICES CORP.
Description

16-ft Two-Story Staircase Foyer! Walk-out Basement! Party-Sized Dinning Deck! Welcome to the 393 Marble Place, an unique, one of its kind Semi-detached home in the heart of Newmarket. Located in the convenient & family-friendly Woodland Hill neighborhood, this beautifully upgraded home showcases a bright open-concept layout with modern flooring, pot lights, & contemporary window coverings throughout, plus a warm, inviting atmosphere. The spacious family room w/gas fireplace flows effortlessly into the horseshoe kitchen with ample cabinetry, generous counter space; the sun-filled breakfast area walk-out to a private, oversized deck - perfect for entertaining guests with BBQ parties. The dinning room can be turned into a gigantic den with cozy ambience. Following the upgraded hardwood staircase from the airy connecting foyer, the upstairs features a bright hallway & 3 generously sized bedrooms, including a glamorously renovated primary ensuite! The fully finished Walk-Out basement adds exceptional versatility with a large rec room, striking accent wall, & a full bathroom - ideal for extended family, guests, or a home office setup. Major upgrades provide new owner peace of mind, including newer roof, furnace, upgraded insulation, and all windows, patio doors, and main entrance door replaced. Enhanced curb appeal with professionally completed landscaping & walkway. Enjoy a fully fenced backyard, ample parking for 3 cars, and close proximity to parks, schools, shopping, & transit. An absolute turnkey opportunity offering style, comfort, and long-term value-perfect for growing families!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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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

393 Marble Place, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,068

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 $533/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.

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

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