$1,199,000 - 535 Malvern Crescent, Newmarket
Detached for Sale in Newmarket
New — Listed 4 days ago- MLS Number
- N13243598
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- BAY STREET INTEGRITY REALTY INC.
Welcome To 535 Malvern Cres, A Stunning Home Situated On A Premium 55.22 X 99.66 Ft Ravine Lot In The Heart Of Newmarket! Recent Upgrades Include New Light Fixtures, Pot Lights, And Modern Door Handles Throughout. Step Into The Welcoming Foyer And Discover A Bright, Spacious Living Room That Flows Seamlessly Into The Cozy Family Room With A Fireplace, Both Overlooking The Breathtaking Backyard And Ravine Views. The Gourmet Kitchen Is Thoughtfully Designed With A Full Set Of Stainless-Steel Appliances, Granite Countertops, Ample Cabinetry With A Built-In Wine Rack, A Breakfast Area, And A Walk-Out To The Deck And Backyard. A Separate Dining Room Provides The Perfect Setting For Family Dinners And Entertaining Guests. The Main Floor Also Features A Convenient Laundry Room With Side Entrance Access And Direct Entry To The Garage. On The 2nd Floor, You Will Find Four Generously Sized Bedrooms, Each Filled With Natural Light And Complete With Spacious Closets. The Primary Retreat Offers A Spa-Inspired 5 Pc Ensuite, While The Remaining Bedrooms Share A Beautifully Appointed 5 Pc Bathroom. The Finished Walk-Out Basement Extends The Living Space With An Expansive Recreation Room And A Versatile Additional Room Ideal For A Guest Bedroom, Home Office, Gym, Kids' Playroom, Or Private Home Theatre. The True Highlight Of This Home Is The Spectacular Backyard Oasis Backing Onto A Serene Ravine. Enjoy Unmatched Privacy And Picturesque Nature Views From The Oversized Deck And Spacious Backyard - The Perfect Setting For Summer Bbqs, Outdoor Entertaining, Morning Coffee, Family Gatherings, Or Relaxing Evenings Under The Stars. This Peaceful Outdoor Retreat Offers A Rare Blend Of Tranquility And Natural Beauty Right At Your Doorstep. Conveniently Located Close To Newmarket GO, East Gwillimbury GO, Hwy 404, Upper Canada Mall, Schools, Parks, Trails, Grocery Stores, Restaurants, Southlake Hospital, And Everyday Amenities.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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.
535 Malvern 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 $480/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.
Excellent Flexibility
With 5 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 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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.