582 Plantation Gate, Newmarket

Price: $999,999

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13209150

Distinguished Former Model Home in the Popular Summerhill Estates. Beautiful 4-Bedroom,3-Bathroom Detached Home in a Prime Location! The main floor features gorgeous hardwoodflooring, a bright living room, a formal dining area, and a spacious family room with a cozygas fireplace. The modern eat-in kitchen boasts granite counters and a walkout to a customcomposite deck and fully fenced yard perfect for outdoor entertaining. Upstairs, the primarybedroom offers a walk-in closet and a 4-piece ensuite for added comfort and privacy. Theadditional bedrooms are generously sized and share a well-appointed main bathroom. Additionalhighlights include a main floor laundry room, direct garage access, and a generously sizedgreat room ideal for family gatherings. With 4 spacious bedrooms and 3 bathrooms, this homecombines comfort, style, and functionality in an unbeatable location. Located just steps fromYonge Street, this home offers unmatched convenience close to top-rated schools, parks,recreational facilities, shopping, and transit.

582 Plantation Gate - Detached photo 1 of 8 in Newmarket, Ontario
582 Plantation Gate - Detached photo 2 of 8 in Newmarket, Ontario
582 Plantation Gate - Detached photo 3 of 8 in Newmarket, Ontario
582 Plantation Gate - Detached photo 4 of 8 in Newmarket, Ontario
582 Plantation Gate - Detached photo 5 of 8 in Newmarket, Ontario
582 Plantation Gate - Detached photo 6 of 8 in Newmarket, Ontario
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$999,999 - 582 Plantation Gate, Newmarket

Detached for Sale in Newmarket

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13209150
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

Distinguished Former Model Home in the Popular Summerhill Estates. Beautiful 4-Bedroom,3-Bathroom Detached Home in a Prime Location! The main floor features gorgeous hardwoodflooring, a bright living room, a formal dining area, and a spacious family room with a cozygas fireplace. The modern eat-in kitchen boasts granite counters and a walkout to a customcomposite deck and fully fenced yard perfect for outdoor entertaining. Upstairs, the primarybedroom offers a walk-in closet and a 4-piece ensuite for added comfort and privacy. Theadditional bedrooms are generously sized and share a well-appointed main bathroom. Additionalhighlights include a main floor laundry room, direct garage access, and a generously sizedgreat room ideal for family gatherings. With 4 spacious bedrooms and 3 bathrooms, this homecombines comfort, style, and functionality in an unbeatable location. Located just steps fromYonge Street, this home offers unmatched convenience close to top-rated schools, parks,recreational facilities, shopping, and transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.51/mo

Includes CMHC insurance ($27,900)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,999Interest: $611,255
Mortgage Amount$927,899
Total Interest$611,255
Est. Property Tax$708/mo
Total Cost$1,539,154

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

582 Plantation Gate, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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, REMAX 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.

Market Position

At 16 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.

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.

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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    582 Plantation Gate, Newmarket — $999,999 | Battaglia Team