$1,499,999 - 605 McGregor Farm Trail, Newmarket
Detached for Sale in Newmarket
- MLS Number
- N13148170
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 5,866 sqft
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Welcome to 605 McGregor Farm Trail. This rare executive stone, stucco, and brick bungaloft in Glenway Estates, Newmarket, offers over 2600 sq ft on the main floor and loft, over 1500 sq ft finished living space in the basement. 3+1 bedrooms, 3+1 baths, 2-car garage. Enter through a covered porch and double glass doors into a foyer with a soaring ceiling that fills the home with natural light. Rich dark hardwood floors cover the main living areas. The formal living and dining rooms boast 12-foot ceilings, creating a grand atmosphere for entertaining. From the dining area you are connected to the bright, open-concept kitchen, which features high-end custom cabinetry, stainless steel appliances and flows into a family room with 10-foot ceilings, a gas fireplace and custom built-in shelving. The main floor has 2 bedrooms: the primary suite offers multiple closets, an 11-foot tray ceiling, sliding doors to the deck, and a spa-like ensuite with a soaker tub and separate glass shower. The 2nd bedroom has built-in cabinets and sits across from the main bathroom. Laundry is conveniently situated just off the garage entrance. From the family room, a garden door opens onto a spacious deck with a gazebo perfect for outdoor entertainment, overlooking a private, fully fenced, tree-lined backyard. The custom garden shed with windows, flower boxes, and electricity, adds charm and functionality. Upstairs, a sunny loft provides a 3rd bedroom, full bathroom, and seating area-ideal for guests, adult children, or a home office. The finished basement includes another bedroom, bathroom, gym/office, and generous living/dining spaces, well-suited for extended family. You'll be close to Upper Canada Mall, Main Street, Southlake Hospital, Riverwalk Commons, Fairy Lake and just 15 minutes from highways 404 and 400. This stunning bungaloft offers privacy, elegance, and versatility. Book your showing now to secure this meticulously maintained home. Your new home is waiting for you!
Estimate your monthly payments for this property
Estimated Payment
$6,635.00/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.
605 McGregor Farm Trail, 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 $600/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 27 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.
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 $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.