$848,000 - 54 Vincent Street, Newmarket
Detached for Sale in Newmarket
60 days on market- MLS Number
- N13009464
- Property Type
- Detached
- Status
- active
- Days on Site
- 60
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome To 54 Vincent St, A Beautifully Recently Renovated Bungalow Located In The Heart Of Newmarket's Highly Sought-After Central Newmarket Community * Recently Updated With Modern Finishes Throughout, This Home Features Newer Flooring, Trim, Moldings, Interior Doors, Handles And Hardware, LED Pot Lights And Fresh Contemporary Paint * The Main Floor Showcases A Stylishly Renovated Kitchen With Cabinetry, Quartz Countertops, Backsplash And Stainless Steel Appliances * Bathrooms Have Been Tastefully Updated With Modern Fixtures And Finishes * Electric Light Fixtures Add A Clean And Elegant Touch Throughout The Home * Major Updates Include Windows And Roof Replaced In 2018 & Furnace and AC Replaced in 2025 Providing Peace Of Mind * Functional Bungalow Layout Offers Excellent End-User Comfort And Strong Investment Potential * Situated On A Quiet Street Yet Just Steps To The Vibrant And Historic Downtown Newmarket And All Amenities Along Main Street * Convenient Access To GO Bus, Southlake Regional Health Centre And Upper Canada Mall Within Minutes * Ideal Opportunity For First-Time Buyers, Or Investors Looking To Own In A Prime Location With Future Potential * A Rare Offering Combining Location, Lifestyle And Value In One Of Newmarket's Most Desirable Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,350.68/mo
Includes CMHC insurance ($23,659)
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.
54 Vincent Street, 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 $771/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 60 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.
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.
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.
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 $3,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.