$949,000 - 60 Niagara Street, Newmarket
Detached for Sale in Newmarket
New — Listed 3 days ago- MLS Number
- N13425428
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- MAIN STREET REALTY LTD.
Just Listed! Historic Charm Meets Modern Family Living in the Heart of Newmarket. Welcome to 60 Niagara Street, a rare opportunity to own a truly special home in one of Newmarket's most sought-after locations. Offered for the first time since 1890, this lovingly maintained 5-bedroom, 2-bathroom residence has been cherished by the same family for generations and is ready for its next chapter. Situated on a beautiful large double corner lot, this property offers exceptional privacy with mature trees, stunning perennial gardens, and a fully fenced backyard oasis. Enjoy outdoor living on the expansive deck, perfect for entertaining or relaxing with family and friends. Inside, you'll find a spacious and functional floor plan designed for the growing family. The home features five standard sized bedrooms, two bathrooms, large eat-in kitchen, and no carpet throughout for easy maintenance and timeless appeal. A standout update includes the newly renovated main floor bathroom combined with a convenient laundry room.The oversized detached 2-car garage plus 6-car driveway parking provides ample space for vehicles, hobbies, or storage. Located just a 7-minute walk to historic downtown Newmarket, you'll love being close to charming shops, restaurants, cafés, and the vibrant weekly summer events that make Main Street so famous. This is more than a home - it's a piece of Newmarket history, lovingly cared for and thoughtfully updated for modern living. Don't miss your chance to own this one-of-a-kind family property in an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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.
60 Niagara Street, 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 $633/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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.
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 $3,954 (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.