$2,588,000 - 622 Lyman Boulevard, Newmarket
Detached for Sale in Newmarket
45 days on market- MLS Number
- N12804490
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- SUPERSTARS REALTY LTD.
Welcome To An Exquisitely Renovated Luxury Residence In The Prestigious Stonehaven Community, Perfectly Situated On An *Exceptional 65 x 175 Ft Premium Lot*, Offering Refined Living At Its Finest **Luxurious Renovation(2023-2024 ---Spent $$$)**With Impeccable Craftsmanship & No Detail Overlooked.This Stunning 3-Car Garage Estate offers 5+1 Bedrooms & Stunning Design-Flr Plan W/ 17 Ft Entrance Foyer & Apx 4,633 Sf Of Luxury Living Space(1st/2nd Flr As Per Mpac)+ Prof. Finished Bsmt. Impressive Curb Appeal Showcases A Wide Interlocked Driveway Complementing This Exceptional 3-Car Garage Estate.Inside, A Thoughtfully/Functional Designed Layout Features Elegant Living & Dining Areas, Office/Den In Main Flr & Open Concept Fam Rm W/Gas Fireplace. The Newer Chef's Kitchen Is A True Showpiece Featuring S/S Appliances, Centre Island, Custom Cabinetry & A Spacious Breakfast Area W/Walk-Out To The Backyard Oasis. Private & Huge Master Bedrm W/Sitting Area, 6Pcs Ensuite,Walk-In Closet & Serene Views Of The Lush Backyard, Plus Access To A Stunning Newer Rooftop Deck (2024) - Your Private Escape. All Large/Generous &Bright Bedrms*The Prof. Finished Basement Is Designed For Entertainment & Lifestyle Enhancement Featuring An Impressive Home Theatre Room, Wet Bar (2023), Exercise Room, Bedroom & Full Bathroom - Offering Endless Possibilities For Extended Family Living Or Entertaining.Step Outside To Your Backyard Paradise Featuring Interlocking Stonework, Outdoor Fireplace, Mature Landscaping & Exceptional Privacy - Perfect For Hosting & Relaxation.
Estimate your monthly payments for this property
Estimated Payment
$11,447.60/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.
622 Lyman Boulevard, 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 $739/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 45 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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 5 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.