563 Mulock Court, Newmarket

Price: $999,888

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N12937944

Brilliantly Updated And Rarely Available, This 4-Bedroom Townhouse With A 2-Car Garage Is Tucked Away On A Quiet, Family-Friendly Cul-De-Sac In South Newmarket's Highly Sought-After College Manor Neighbourhood. Offering Nearly 2,800 Sq Ft Of Bright, Impeccably Maintained Living Space, This Well-Proportioned Home Features A Newer Furnace, A/C, And Roof (All 2023), A Beautifully Updated Primary Ensuite (2024), Premium Stainless Steel Ceramic-Top Stove And Refrigerator (2026), Newer Garage Door (2021), And A Newly Added Front Vestibule Glass Enclosure (2026) - All Within A Freshly Painted, Feature-Rich Interior. The Renovated Chef's Kitchen Offers Generous Cabinetry And Counter Space, Along With A Built-In Breakfast Bar That Keeps You Connected Whether You're Preparing A Quick Meal Or Hosting A Festive Gathering. The Spacious Primary Bedroom Includes A Renovated 4-Piece Ensuite With Double Sinks And A Large Glass-Enclosed Shower. The Three Additional Bedrooms Are All Generously Sized - Making The "Who Gets Which Room" Decision Just A Little Easier. The Fully Finished Basement Offers An Ideal Entertainment Zone, Featuring A Spacious Rec Room, A Well-Sized Den (Easily Converted Into A Nanny Or Guest Room), And A Separate Study/Office That Provides A Quiet, Private Space For Work Or Study. Ideally Located Just Steps To Transit And Only Minutes To Yonge Street, Hwy 404, Historic Main Street, Restaurants, Shops, Parks, And Recreation - Including Fairy Lake Park And Newmarket Riverwalk Commons With Its Seasonal Farmers' Market. Prefer To Stay In? Enjoy Your Fully Fenced Backyard Oasis With A Large Deck And Kids' Play Equipment - Perfect For Summer Barbecues, Entertaining, Or Relaxing With Family. Hosting A Crowd? No Problem, With Parking For Up To Five Vehicles Including The Garage. Proudly Maintained By Non-Smoking Owners And Presented In True Move-In-Ready Condition - This Is A Home That Simply Feels Right The Moment You Walk In.

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$999,888 - 563 Mulock Court, Newmarket

Townhouse for Sale in Newmarket

Popular Listing
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N12937944
Property Type
Townhouse
Status
active
Days on Site
10
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Brilliantly Updated And Rarely Available, This 4-Bedroom Townhouse With A 2-Car Garage Is Tucked Away On A Quiet, Family-Friendly Cul-De-Sac In South Newmarket's Highly Sought-After College Manor Neighbourhood. Offering Nearly 2,800 Sq Ft Of Bright, Impeccably Maintained Living Space, This Well-Proportioned Home Features A Newer Furnace, A/C, And Roof (All 2023), A Beautifully Updated Primary Ensuite (2024), Premium Stainless Steel Ceramic-Top Stove And Refrigerator (2026), Newer Garage Door (2021), And A Newly Added Front Vestibule Glass Enclosure (2026) - All Within A Freshly Painted, Feature-Rich Interior. The Renovated Chef's Kitchen Offers Generous Cabinetry And Counter Space, Along With A Built-In Breakfast Bar That Keeps You Connected Whether You're Preparing A Quick Meal Or Hosting A Festive Gathering. The Spacious Primary Bedroom Includes A Renovated 4-Piece Ensuite With Double Sinks And A Large Glass-Enclosed Shower. The Three Additional Bedrooms Are All Generously Sized - Making The "Who Gets Which Room" Decision Just A Little Easier. The Fully Finished Basement Offers An Ideal Entertainment Zone, Featuring A Spacious Rec Room, A Well-Sized Den (Easily Converted Into A Nanny Or Guest Room), And A Separate Study/Office That Provides A Quiet, Private Space For Work Or Study. Ideally Located Just Steps To Transit And Only Minutes To Yonge Street, Hwy 404, Historic Main Street, Restaurants, Shops, Parks, And Recreation - Including Fairy Lake Park And Newmarket Riverwalk Commons With Its Seasonal Farmers' Market. Prefer To Stay In? Enjoy Your Fully Fenced Backyard Oasis With A Large Deck And Kids' Play Equipment - Perfect For Summer Barbecues, Entertaining, Or Relaxing With Family. Hosting A Crowd? No Problem, With Parking For Up To Five Vehicles Including The Garage. Proudly Maintained By Non-Smoking Owners And Presented In True Move-In-Ready Condition - This Is A Home That Simply Feels Right The Moment You Walk In.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,129.94/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,899Interest: $611,187
Mortgage Amount$927,796
Total Interest$611,187
Est. Property Tax$708/mo
Total Cost$1,538,983

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

563 Mulock 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.

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 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 $4,166 (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.

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