534 New England Court, Newmarket

Price: $999,990

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N12892222

Stunning Townhome Located in the Shining Hill Neighbourhood of Sought-after South Summerhill. Convenient Location Close to Yonge Street, The State of the Art "Keith Davis Tennis Facility", Walk/Bike Trail System Leading to Aurora/Downtown Newmarket and Beyond, Parks, Schools (Public and Private), Transit, Shopping and Commuter Lanes. Soaring Ceiling Heights And Large Oversized Windows Make For A Bright and Inviting Living Space. Lovely Eat In Kitchen Boasts Granite Counters, High-End Stainless Steel Appliances, A Full Wall Of Pantry Storage, Custom Backsplash and Access To South-Facing Balcony. Gleaming Hardwood Throughout Under Custom Potlighting. Hardwood Stairs and Wrought-Iron Spindles Complete The Entire Living Space. Convenient Main Floor Room Can Be Used As 4th Bedroom Or Home Office. Primary Bedroom Boasts Large Closet and Ensuite. Lovely Main Floor Laundry Room Provides Direct Access To The Fenced Yard And The Super Rare Tandem Double Car Garage With Convenient Door To The Rear Yard. An EV Charger Is Convenient To The Garage Or The Double Car Driveway. Many Great Additional Features Including 3 Balconies, Modern Fireplace, Private Fenced Backyard and Nest Thermostat And So Much More!

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$999,990 - 534 New England Court, Newmarket

Townhouse for Sale in Newmarket

4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N12892222
Property Type
Townhouse
Status
active
Days on Site
23
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Description

Stunning Townhome Located in the Shining Hill Neighbourhood of Sought-after South Summerhill. Convenient Location Close to Yonge Street, The State of the Art "Keith Davis Tennis Facility", Walk/Bike Trail System Leading to Aurora/Downtown Newmarket and Beyond, Parks, Schools (Public and Private), Transit, Shopping and Commuter Lanes. Soaring Ceiling Heights And Large Oversized Windows Make For A Bright and Inviting Living Space. Lovely Eat In Kitchen Boasts Granite Counters, High-End Stainless Steel Appliances, A Full Wall Of Pantry Storage, Custom Backsplash and Access To South-Facing Balcony. Gleaming Hardwood Throughout Under Custom Potlighting. Hardwood Stairs and Wrought-Iron Spindles Complete The Entire Living Space. Convenient Main Floor Room Can Be Used As 4th Bedroom Or Home Office. Primary Bedroom Boasts Large Closet and Ensuite. Lovely Main Floor Laundry Room Provides Direct Access To The Fenced Yard And The Super Rare Tandem Double Car Garage With Convenient Door To The Rear Yard. An EV Charger Is Convenient To The Garage Or The Double Car Driveway. Many Great Additional Features Including 3 Balconies, Modern Fireplace, Private Fenced Backyard and Nest Thermostat And So Much More!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.47/mo

Includes CMHC insurance ($27,900)

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5-yr fixed avg.

Principal: $899,991Interest: $611,249
Mortgage Amount$927,891
Total Interest$611,249
Est. Property Tax$708/mo
Total Cost$1,539,140

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.

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Neighbourhood Guide: Newmarket

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

534 New England Court, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,164

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $667/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 23 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.

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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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