$819,900 - 510 Pickering Crescent, Newmarket
Townhouse for Sale in Newmarket
54 days on market- MLS Number
- N13034274
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 54
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
A bright, spacious end-unit family home on a large fully fenced lot in sought-after College Manor, thoughtfully renovated from 2019 through 2026. Generous principal rooms, three bedrooms up, three bathrooms, and a finished lower level deliver everything a growing family needs.The primary bedroom comfortably fits a king with room to spare, with two additional bedrooms upstairs. White oak Athena hardwood runs the upper level and staircase (2022); luxury vinyl plank anchors the main floor and finished basement. All three bathrooms have been thoughtfully updated in the last five years, including the upstairs four-piece this year.The main floor opens to a custom feature wall with electric fireplace (2021), pot lights throughout, and a walkout to the new back deck (2024). The kitchen offers a gas range, counter-depth refrigerator, new dishwasher (2024), and tiled backsplash, flowing into the dining area. A renovated mudroom adds valuable storage and connects to the attached garage.The finished lower level offers additional entertaining space with an oversized recreation room nearly 18 feet wide, wet bar, and a three-piece bath with glass shower (2024). A flexible second living space, ideal as a guest suite, media room, or in-law setup.The backyard is large and fully fenced (2020), perfect for kids, pets, or entertaining. Mature landscaping, front irrigation (2022), interlock walkway (2023), freshly repaved driveway (2024), and central air (2023). Attached garage plus two-car drive.Steps to Magna Centre, parks, and College Manor schools. Minutes to the 404, Newmarket GO, and Upper Canada Mall.
Estimate your monthly payments for this property
Estimated Payment
$4,206.51/mo
Includes CMHC insurance ($22,875)
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.
510 Pickering Crescent, 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 $745/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 54 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.
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 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.
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 $3,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.