$1,990,000 - 673 Chaleur Place, Newmarket
Detached for Sale in Newmarket
- MLS Number
- N13142224
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Magnificent 3 Car Garage Home In A Quiet Private Dead-End Cul-De-Sac Court With 8 Car Driveway Parking - 11 Car Parking Total, Premium 72' Wide Lot & No Sidewalk! * 4694 Sq.Ft Of Living Space! * Location Location Location In Stonehaven Estates - Luxurious Sun Filled Resort Style Backyard Oasis, Hot Tub Gazebo, Salt Water Pool, Stone Landscaping, Gas BBQ Line, Private Cedar Tree Surrounding & Tiki Wet Bar * Oversized 3 Car Garage With Vaulted Ceilings And Tons Of Built In Storage * Formal Office Or 6th Bedroom, Formal Dining, Main Floor 5th Bedroom With Closet, Sunken Family Room With Gas Fireplace, Skylight And Cathedral Ceilings * 2 Full Stairways! * Updated Eat-In Kitchen With Granite Counters, Custom Backsplash, Pantry And Gas Stove * Breakfast Area With W/O To Patio And Backyard Oasis * 5 Spacious Bedrooms For The Growing Family * Primary Bedroom With Spa-Like 5pc Ensuite, 2 Way Gas Fireplace, Walk-In Closet & Convenient Laundry Ensuite * Finished Basement With A Huge 6th Bedroom, Apartment/In-Law Suite Potential With A Separate Entrance * Formal Living Room, Modern Kitchen, Workshop Hobby Room With Epoxy Floors, Exercise Gym Room And Tons Of Storage Areas * Perfect For Entertaining & Multi-Generational Families * Close To Schools, Parks, HWY 404, Shopping, All Amenities * Don't Let This Gem Get Away!
Estimate your monthly payments for this property
Estimated Payment
$8,802.44/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.
673 Chaleur Place, 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 $663/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 20 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 3,000 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.