621 Lydia Street, Newmarket

Price: $799,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13130084

CHARACTER-FILLED CENTURY HOME ON A 70 X 130 FT LOT ACROSS FROM FAIRGROUNDS PARK & MOMENTS FROM HISTORIC MAIN STREET! A big in-town lot across from the park is already a win, but add wood beams, a vaulted kitchen, a 3-season room, and a spiral staircase, and 621 Lydia Street has the character you don't often find. Set directly across from Fairgrounds Park with a playground, ball diamonds and green space, this home places schools, transit, shopping and restaurants close by, with Historic Main Street, Fairy Lake Park, Riverwalk Commons, Upper Canada Mall and Southlake Health all within a quick drive. Mature trees frame the 70 x 130 ft lot, complete with driveway parking for 4, a shed and a large yard with room for gardens, play space and outdoor dining. The main level is full of personality, featuring exposed wood beams, warm wood trim, hardwood flooring, cheerful paint tones and a spiral staircase. A large vaulted kitchen offers wood cabinetry, tile flooring, a skylight, plenty of prep space and a walkout to the 3-season room, where park views make morning coffee feel extra special. A main floor 3-piece bathroom with a clawfoot tub adds vintage charm, while the upper level features 2 bedrooms and a 3-piece bathroom, including a primary bedroom with a walkout to an elevated deck. Zoning may permit an accessory dwelling unit, bed and breakfast establishment, home occupation and private home daycare, offering added flexibility for a range of future uses. With a walkable Newmarket location, a generous 70 x 130 ft lot and character throughout, this #HomeToStay is full of details that make it feel anything but ordinary.

621 Lydia Street - Detached photo 1 of 18 in Newmarket, Ontario
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$799,000 - 621 Lydia Street, Newmarket

Detached for Sale in Newmarket

2Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13130084
Property Type
Detached
Status
active
Days on Site
30
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Description

CHARACTER-FILLED CENTURY HOME ON A 70 X 130 FT LOT ACROSS FROM FAIRGROUNDS PARK & MOMENTS FROM HISTORIC MAIN STREET! A big in-town lot across from the park is already a win, but add wood beams, a vaulted kitchen, a 3-season room, and a spiral staircase, and 621 Lydia Street has the character you don't often find. Set directly across from Fairgrounds Park with a playground, ball diamonds and green space, this home places schools, transit, shopping and restaurants close by, with Historic Main Street, Fairy Lake Park, Riverwalk Commons, Upper Canada Mall and Southlake Health all within a quick drive. Mature trees frame the 70 x 130 ft lot, complete with driveway parking for 4, a shed and a large yard with room for gardens, play space and outdoor dining. The main level is full of personality, featuring exposed wood beams, warm wood trim, hardwood flooring, cheerful paint tones and a spiral staircase. A large vaulted kitchen offers wood cabinetry, tile flooring, a skylight, plenty of prep space and a walkout to the 3-season room, where park views make morning coffee feel extra special. A main floor 3-piece bathroom with a clawfoot tub adds vintage charm, while the upper level features 2 bedrooms and a 3-piece bathroom, including a primary bedroom with a walkout to an elevated deck. Zoning may permit an accessory dwelling unit, bed and breakfast establishment, home occupation and private home daycare, offering added flexibility for a range of future uses. With a walkable Newmarket location, a generous 70 x 130 ft lot and character throughout, this #HomeToStay is full of details that make it feel anything but ordinary.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

621 Lydia Street, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,668

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 $726/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 30 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.

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 $3,329 (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.

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    621 Lydia Street, Newmarket — $799,000 | Battaglia Team