$749,000 - 52 Brandy Lane Way Unit 48, Newmarket
Condo for Sale in Newmarket
45 days on market- MLS Number
- N13057268
- Property Type
- Condo
- Status
- active
- Days on Site
- 45
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
LOWEST MAINTENANCE FEES!! Welcome to 48-52 Brandy Lane Way in the heart of Central Newmarket. This impeccably maintained and spacious condo townhome offers an exceptional blend of comfort, style, and convenience.Boasting 3 generous bedrooms and 2+1 bathrooms, this bright and airy home features an open concept layout with nearly 1,600 sq ft of above grade living space. The main floor is ideal for everyday living and entertaining, enhanced by pot lights, updated light fixtures, and large windows that fill the home with natural light.The modern kitchen features a quartz countertop, centre island, and custom window coverings, and flows seamlessly into the living and dining areas. Upstairs, the spacious primary bedroom offers a cathedral ceiling, creating a grand and inviting retreat, along with a recently updated ensuite vanity. Two additional well sized bedrooms provide ample space for family or guests.The finished walkout lower level adds valuable living space ideal for a family room, home office, or recreation area, with direct access to a rare, deep backyard to enjoy as your outdoor oasis. Additional highlights include new windows and sliding doors, custom window coverings in key living areas, a new front door, garage door, and garage door opener approximately one year old, as well as a spacious laundry room. With low maintenance fees and pride of ownership throughout, this home is truly move in ready. Ideally situated within walking distance to major plazas, shopping, dining, schools, parks, and scenic hiking trails, and just minutes from Upper Canada Mall and Highway 404, offering excellent convenience for commuters and everyday living.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
52 Brandy Lane Way 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 $624/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 45 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 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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.