$929,900 - 563 Mulock Court, Newmarket
Townhouse for Sale in Newmarket
40 days on market- MLS Number
- N13077098
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 40
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Rarely Available 4+1 Bedroom Townhouse With 2-Car Garage, Brilliantly Updated And 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.
Estimate your monthly payments for this property
Estimated Payment
$4,770.87/mo
Includes CMHC insurance ($25,944)
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.
563 Mulock Court, 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 $620/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 40 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.
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 $3,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.