635 Tapestry Lane Unit 67, Newmarket

Price: $849,000

3 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: N12964248

Beautifully upgraded and PRICED TO SELL, this move-in-ready home delivers unbeatable value in one of Newmarket's most sought-after neighbour hoods. 1,875 sq ft of thoughtfully designed, sun-filled living space. Step inside to a bright open-concept layout featuring hardwood flooring throughout, a spacious dining area, and a stylish kitchen with quartz countertops, stainless steel appliances, under-cabinet lighting, pot lights, and a breakfast bar-perfect for both daily living and entertaining. The inviting living room show cases a cozy gas fireplace and walk-out to a private stone patio with awning for effortless outdoor enjoyment. Main-floor primary suite, complete with a walk-in closet, and a 5-piece ensuite. A convenient main floor laundry room with direct garage access adds practical appeal. Upstairs, you'll find a second bedroom, full bath, and a bright loft-style den overlooking the main living space-ideal for a home office, lounge, or family room. The newly finished basement adds beautiful bonus space, featuring an upscale 3-piece bath, a large recreation area for guests or extended family, 3rd bedroom/office and ample storage. Located just minutes to parks, trails, top-rated schools, Magna Community Centre, South Lake Hospital, transit, nature trails, and vibrant downtown Main St., Newmarket.

635 Tapestry Lane Unit 67 - Condo photo 1 of 15 in Newmarket, Ontario
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New Listing
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$849,000 - 635 Tapestry Lane Unit 67, Newmarket

Condo for Sale in Newmarket

New — Listed 3 days ago
3Beds
4Baths
1,800Sq Ft
Condo
Property Details
MLS Number
N12964248
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
East West
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Beautifully upgraded and PRICED TO SELL, this move-in-ready home delivers unbeatable value in one of Newmarket's most sought-after neighbour hoods. 1,875 sq ft of thoughtfully designed, sun-filled living space. Step inside to a bright open-concept layout featuring hardwood flooring throughout, a spacious dining area, and a stylish kitchen with quartz countertops, stainless steel appliances, under-cabinet lighting, pot lights, and a breakfast bar-perfect for both daily living and entertaining. The inviting living room show cases a cozy gas fireplace and walk-out to a private stone patio with awning for effortless outdoor enjoyment. Main-floor primary suite, complete with a walk-in closet, and a 5-piece ensuite. A convenient main floor laundry room with direct garage access adds practical appeal. Upstairs, you'll find a second bedroom, full bath, and a bright loft-style den overlooking the main living space-ideal for a home office, lounge, or family room. The newly finished basement adds beautiful bonus space, featuring an upscale 3-piece bath, a large recreation area for guests or extended family, 3rd bedroom/office and ample storage. Located just minutes to parks, trails, top-rated schools, Magna Community Centre, South Lake Hospital, transit, nature trails, and vibrant downtown Main St., Newmarket.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

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5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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

635 Tapestry Lane Unit 67, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$1,452

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $472/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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