$1,169,900 - 591 Plantation Gate, Newmarket
Detached for Sale in Newmarket
47 days on market- MLS Number
- N13061448
- Property Type
- Detached
- Status
- active
- Days on Site
- 47
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 4,306 sqft
- Listing Brokerage
- KELLER WILLIAMS REALTY CENTRES
Quietly situated in the highly sought-after Summerhill Estates on safe, family-friendly street, this exceptional former H&R model home approximately 2,700 sq. ft. of beautifully upgraded living space on a professionally landscaped 40 x 110 ft private fenced lot.From the striking brick and stone exterior to the elegant interior finishes, this home is designed to impress. Features include extensive pot lighting, crown moulding throughout most of the home, and a dramatic skylight above the newly refinished circular staircase that fills the space with natural light. The spacious open-concept main floor is ideal for entertaining, highlighted by an upgraded eat-in kitchen with quality cabinetry and a convenient main floor laundry room with direct garage access.The thoughtfully designed layout offers two separate staircases leading to the lower level, including one with direct garage access, creating excellent in-law or future income suite potential in the unspoiled basement with rough-in bath awaiting your personal touch.Upstairs, the oversized primary retreat features a walk-in closet and a 4-piece ensuite, while three additional generously sized bedrooms provide ample space for family and guests.Major updates provide added peace of mind, including the furnace, tankless water heater, and shingles all approximately six years old, along with a 200-amp electrical panel ideal for modern living and electric vehicle charging.Ideally positioned for exceptional convenience and connectivity, this home offers quick, seamless access to highways, transit, schools, parks, shopping, Main Street amenities, and the highly anticipated Mulock Park. Enjoy easy commuting, priority winter road maintenance, and outstanding accessibility while still benefiting from the comfort of a quiet residential settingA rare opportunity to own a beautifully upgraded, move-in-ready home in one of the area's most connected and desirable neighbourhoods. A must-see.
Estimate your monthly payments for this property
Estimated Payment
$5,174.86/mo
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.
591 Plantation Gate, 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 $468/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 47 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.
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 $4,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.