$1,450,000 - 539 Veale Place, Newmarket
Detached for Sale in Newmarket
New — Listed 2 days ago- MLS Number
- N13430960
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to 539 Veale Place, a beautifully appointed freehold detached family home tucked into a quiet court in Newmarket's sought-after College Manor community. Set on a premium pie-shaped lot with no sidewalk, this property offers excellent driveway parking, a double-car garage, and a backyard designed for everyday family living and summer entertaining. Inside, the home features a bright and functional layout with a chef-inspired kitchen complete with granite countertops, a large dining area open to the kitchen and family room, a separate living room, and a fabulous main floor office with French doors - ideal for working from home, homework zones, or keeping life organized. Main floor laundry and direct garage access add everyday convenience. Upstairs, four generous bedrooms and two full four-piece bathrooms make the home well-suited for a growing family, while the basement adds valuable flexibility with a fifth bedroom, a two-piece bathroom, and additional living or recreation space. The backyard is a true highlight, featuring an inground swimming pool, a large grass area for kids and pets to play, and a covered porch overlooking the pool and yard. It is the kind of outdoor space families dream about - room to swim, play, host, relax, and make memories. Located within walking distance to Bogart Public School, Newmarket High School, Vince's Market plaza, the Magna Centre, local parks, and just a short distance to Historic Main Street Newmarket, this home delivers the space, location, and lifestyle today's move-up family buyers are looking for.
Estimate your monthly payments for this property
Estimated Payment
$6,413.84/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.
539 Veale Place, 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 $580/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 4 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 $6,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.