$568,000 - 40 William Roe Boulevard Unit 1010, Newmarket
Condo for Sale in Newmarket
- MLS Number
- N13133772
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Newmarket
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX METROPOLIS REALTY
Welcome to this spacious 2-bedroom, 2-bathroom condo offering 1,092 sq. ft. of well-planned living space in a highly desirable Central Newmarket building. This bright and functional suite features a large West-facing balcony off the living room, perfect for enjoying sunny afternoons and sunset views.The layout offers a modern upgraded kitchen, formal dining area, and a generous living room with laminate flooring, making it ideal for both everyday living and entertaining. The primary retreat includes a walk-in closet and a 3-piece ensuite with a glass shower, while the main bathroom has been beautifully upgraded.You'll also appreciate the abundance of storage, including full-size ensuite laundry with storage, a separate storage closet that could serve as a walk-in pantry, and a broom closet. One underground parking space and a locker add even more convenience.Located close to shops, restaurants, Upper Canada Mall, Historic Main Street, and Riverwalk Commons, this home offers an excellent combination of comfort, convenience, and lifestyle.Residents enjoy fantastic building amenities including a recreation/party room, exercise room with sauna, library/lounge, workshop, underground tire storage, and visitor parking. With excellent management, a well-maintained building, and very low maintenance fees, this is an outstanding opportunity to own in a prime location.This unit is awaiting you to call it home. Water, Internet, Rogers cable included.
Estimate your monthly payments for this property
Estimated Payment
$2,914.13/mo
Includes CMHC insurance ($15,847)
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.
40 William Roe Boulevard Unit 1010, 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 $568/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 29 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.
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 $2,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.