$879,000 - 59 Charles Street Unit 1, Newmarket
Condo for Sale in Newmarket
135 days on market- MLS Number
- N12733334
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Newmarket
- Locker
- Ensuite
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- YORK NATIONAL REALTY INC.
Welcome To 11 On Charles, Brand New Never Lived In Boutique-Style Living Designed For Todays Modern Professional. This Bright And Spacious 1+1 Bedroom, 2-Bath Unit Offers 1,236 Sq. Ft. Of Open-Concept Space. The Den Is Generously Sized And Can Easily Function As A Second Bedroom. Fully Upgraded With White Oak Hardwood Floors, 9 Ft Ceilings, Custom Trim, And A Statement Oak Staircase. Large Windows Flood The Space With Natural Light, Complemented By An Electric Fireplace For Cozy Ambiance. The Chef-Inspired Kitchen Is The Centrepiece, Featuring Extended Cabinetry With Built-In Valance Lighting, Granite Counters, And A Stunning Waterfall Island, Perfect For Entertaining. Conveniently Located Just A Short Walk To South lake Hospital And Historic Main Street, With Its Charming Shops, Cafes, And Patios. Just Minutes To Transit, Hwy 404/400, And Scenic Trails. Ideal For Professionals Seeking Low-Maintenance, Stylish Living In A Prime Location.
Estimate your monthly payments for this property
Estimated Payment
$4,509.73/mo
Includes CMHC insurance ($24,524)
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.
59 Charles Street Unit 1, 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 $733/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 135 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $3,663 (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.