$1,150,000 - 428 Terry Carter Crescent Unit 48, Newmarket
Condo for Sale in Newmarket
- MLS Number
- N13142854
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Beautifully appointed executive condominium townhome in one of Newmarket's most desirable communities. Offering 3 bedrooms, 4 bathrooms, and a fully finished walkout basement, this spacious residence is ideal for those seeking upscale, low-maintenance living without compromising on space or lifestyle. The main level features hardwood floors through the principal rooms, elegant formal living spaces, and a cozy gas fireplace that creates a warm and inviting atmosphere for everyday living or entertaining. The thoughtfully finished lower level is flooded with natural light from oversized windows and includes a stunning rec room with custom built-in cabinetry, wet bar, electric fireplace, and walkout to an exclusive-use patio retreat. The upper level offers generously sized bedrooms along with a spacious laundry room complete with built-in storage for added everyday convenience. Rarely found in similar developments, this home also features a double-car garage and double-wide driveway. Perfect for down-sizers looking to remain in Newmarket while enjoying the benefits of condominium living, including exterior maintenance and carefree lock-and-leave convenience for those frequently travelling or spending time away. Ideally situated just steps to Historic Main Street Newmarket, the GO Train, Davis Drive transit corridor, and all the amenities of Bayview Avenue and Leslie Street. Exceptional proximity to some of the area's top private schools including Pickering College, St. Andrew's College, and St. Anne's School further enhances the appeal of this outstanding lifestyle opportunity. Additional recent upgrades include furnace, air conditioner, hot water tank (owned), and water softener all replaced in 2024; roof reshingled in 2025 (completed through condominium corporation); and patio professionally levelled and relaid in 2025.
Estimate your monthly payments for this property
Estimated Payment
$5,086.84/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.
428 Terry Carter Crescent Unit 48, 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 $639/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 25 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.
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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.