$3,200,000 - 480 Coventry Hill Trail, Newmarket
Detached for Sale in Newmarket
New — Listed 4 days ago- MLS Number
- N13238762
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Newmarket
- Lot Size
- 1 sqft
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to 480 Coventry Hill Trail, a spectacular custom estate residence set on a mature and private double lot in one of the area's most prestigious neighbourhoods. Offering over 8,000 square feet of finished living space, including a fully finished lower level and separate nanny's loft, this exceptional home has been thoughtfully designed for luxurious family living and entertaining. From the moment you enter, elegant finishes, abundant natural light, and expansive principal rooms create an impressive yet welcoming atmosphere. The thoughtfully designed layout offers excellent flow between the gourmet kitchen, family room, and dining areas while maintaining distinct spaces for comfortable everyday living and refined entertaining. The fully finished lower level features a full wet bar and provides incredible flexibility for recreation, fitness, media, games, or hosting family and friends. Every space has been carefully designed to balance functionality with comfort, making this home ideal for both large gatherings and everyday living. Surrounded by mature trees and lush landscaping, the outdoor setting offers exceptional privacy and a peaceful backdrop for enjoying every season. This is a rare opportunity to own an extraordinary estate home that combines timeless elegance, functional design, and unmatched space for today's modern family
Estimate your monthly payments for this property
Estimated Payment
$14,154.68/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.
480 Coventry Hill Trail, 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 $640/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 5,000 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 6 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 5 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.