62 Macedonia Court, Newmarket

Price: $1,249,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N12883658

Tranquil Cul-de-Sac Living with Exceptional Flexibility in Summerhill EstatesTucked away on a quiet cul-de-sac in one of Newmarket's most established communities, this beautifully maintained 4-bedroom, 4-bath home offers the ideal balance of privacy, convenience, and everyday livability. Enjoy peaceful surroundings with ravine trails and a nearby lake just steps from the home, while remaining minutes from Yonge Street, Upper Canada Mall, GO Transit, parks, top-rated schools, and dining.Inside, the thoughtfully designed main level features 9-ft ceilings and hardwood floors throughout, creating a bright and welcoming atmosphere. The modern eat-in kitchen showcases granite countertops and stainless-steel appliances and flows seamlessly into spacious living and dining areas-well suited for both daily living and entertaining. A separate family room provides a comfortable, private space ideal for relaxation, work-from-home, or flexible use.The south-facing backyard offers all-day natural light and features a deck with gas BBQ hookup, perfect for outdoor enjoyment. All bathrooms have been updated, reflecting the care and attention invested throughout the home.The fully finished basement includes a full kitchen and full bathroom, offering excellent flexibility for extended family, guests, or adaptable living space as household needs evolve. Move-in ready and thoughtfully maintained, this home delivers meaningful space, versatility, and location-rarely found in such a quiet and well-connected setting.

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$1,249,000 - 62 Macedonia Court, Newmarket

Detached for Sale in Newmarket

94 days on market
4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N12883658
Property Type
Detached
Status
active
Days on Site
94
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX ELITE REAL ESTATE
Description

Tranquil Cul-de-Sac Living with Exceptional Flexibility in Summerhill EstatesTucked away on a quiet cul-de-sac in one of Newmarket's most established communities, this beautifully maintained 4-bedroom, 4-bath home offers the ideal balance of privacy, convenience, and everyday livability. Enjoy peaceful surroundings with ravine trails and a nearby lake just steps from the home, while remaining minutes from Yonge Street, Upper Canada Mall, GO Transit, parks, top-rated schools, and dining.Inside, the thoughtfully designed main level features 9-ft ceilings and hardwood floors throughout, creating a bright and welcoming atmosphere. The modern eat-in kitchen showcases granite countertops and stainless-steel appliances and flows seamlessly into spacious living and dining areas-well suited for both daily living and entertaining. A separate family room provides a comfortable, private space ideal for relaxation, work-from-home, or flexible use.The south-facing backyard offers all-day natural light and features a deck with gas BBQ hookup, perfect for outdoor enjoyment. All bathrooms have been updated, reflecting the care and attention invested throughout the home.The fully finished basement includes a full kitchen and full bathroom, offering excellent flexibility for extended family, guests, or adaptable living space as household needs evolve. Move-in ready and thoughtfully maintained, this home delivers meaningful space, versatility, and location-rarely found in such a quiet and well-connected setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,524.75/mo

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5-yr fixed avg.

Principal: $999,200Interest: $658,224
Mortgage Amount$999,200
Total Interest$658,224
Est. Property Tax$885/mo
Total Cost$1,657,424

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

62 Macedonia Court, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,155

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 $625/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 94 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 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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    62 Macedonia Court, Newmarket — $1,249,000 | Battaglia Team