$999,990 - 622 Sweetwater Crescent, Newmarket
Semi-Detached for Sale in Newmarket
35 days on market- MLS Number
- N12848902
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- CENTURY 21 NEW CONCEPT
Welcome to this rarely offered 4-bedroom semi-detached home in the heart of Newmarket, offering over 2,000 sq. ft. above grade and an exceptional open-concept layout perfect for modern family living. The main floor features 9-ft ceilings, hardwood floors throughout (except basement), a striking oak staircase, central vacuum, and convenient main floor laundry. The upgraded kitchen boasts quartz countertops, stylish backsplash, breakfast bar, gas line to the stove and BBQ, and flows seamlessly into the bright living and dining areas with walk-out to the backyard, making it ideal for entertaining. Upstairs, the very spacious primary bedroom offers a luxurious 5-piece ensuite, complemented by three additional generously sized bedrooms and multiple bathrooms throughout the home. Step outside to your own private backyard oasis, featuring interlocking stone (2023) and plenty of space for relaxation and gatherings. The fully self-contained basement apartment offers incredible versatility with a separate entrance and separate laundry, a full kitchen with fridge, stove and dishwasher, a 3pc bathroom, one large bedroom with generous closet space plus an additional walk-in closet, luxury vinyl flooring, and an electric fireplace. The basement has been thoughtfully finished with Rockwool Safe 'n' Sound insulation, fire-rated drywall, and wired smoke and carbon monoxide alarms for added safety and comfort. Unbeatable location - steps to top-rated schools, community centre, parks, trails, and all amenities, including Upper Canada Mall, Costco, the GO Station, and quick access to Highways 400 and 404. A perfect home for families and entertaining, offering space, comfort, and exceptional convenience in one of Newmarket's most desirable communities... Live Where You're Inspired!
Estimate your monthly payments for this property
Estimated Payment
$5,130.47/mo
Includes CMHC insurance ($27,900)
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 Sweetwater Crescent, 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 $500/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 35 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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.