$1,238,000 - 401 Terry Carter Crescent, Newmarket
Condo for Sale in Newmarket
61 days on marketNeighbourhood: Gorham-College Manor
- MLS Number
- N12989014
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to Barrington on the Park, the sought-after townhouse condo community in Newmarket, conveniently located steps from Fairy Lake and Historic Main Street! Located in the most desirable location within this Feng Shui designed community, you will have an unobstructed east-facing backyard to enjoy morning sunshine on your patio. This meticulously maintained end-unit bungaloft offers double-height windows with vaulted ceilings creating a bright, open and comfortable space. The kitchen has lots of storage with pull-out drawers and extra height cupboards. Entertaining is easy with the breakfast bar overlooking the open concept dining and living room to keep the conversation engaging! Put on the living room or loft fireplace to warm up the room and make memories with your family and friends. From the living room, walk-out to the private patio with no neighbours directly behind! Enjoy the spacious main floor primary suite, with ensuite and double closets. Added convenience with a main floor laundry area and access to the garage. The open staircase with iron pickets, brings you to the expansive second floor loft. There is large second bedroom with 4 piece ensuite and large closet. The open loft area has a large family room with built-in shelving, and a flex space that can be used for an office, library or den. The finished basement has lots of above-grade windows in the family friendly recreation room with a 4-piece bathroom. There is a large bonus room with above grade windows that can be used for an exercise room, workshop or converted to an additional bedroom. Need storage...not a problem, there is additional storage closets and a cantina with lots of shelving! Relax on the west facing front porch with ample room for seating relishing quiet time or socialize with your neighbours. Treat yourself to the convenience, comfort and lifestyle with this gorgeous townhome in Barrington on the Park...don't hesitate because you deserve it!
Estimate your monthly payments for this property
Estimated Payment
$5,476.09/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 Gorham-College Manor
Gorham-College Manor 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 Gorham-College Manor
- •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
Gorham-College Manor 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.
401 Terry Carter Crescent, Newmarket
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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
Competitive Pricing
At $774/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.
Negotiation Opportunity
At 61 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
About Gorham-College Manor
I know Gorham-College Manor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $5,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.