68 Burling Place, Newmarket

Price: $1,164,900

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13170088

Welcome to 68 Burling Place in Newmarket, a lovingly maintained family home that has been the heart of many cherished memories. Warm, inviting, and thoughtfully updated, this is a home where you can truly settle in and grow. Upstairs offers four spacious bedrooms, including a comfortable primary suite with a walk-in closet featuring custom organizers and a private ensuite. The main floor is designed for both everyday living and special gatherings, with a beautiful staircase, a bright sitting room, and a formal dining space. The updated kitchen walks out to the deck, making it easy to enjoy meals outdoors, while the sunken living room adds a cozy place to relax. A main floor laundry room, powder room, and plenty of storage add to the home's practicality. The walk-out basement, updated in 2019 and 2020, is clean, well finished, and adds incredible versatility. It features full spray foam insulation, a large additional bedroom with its own walk-in closet, and a stylish 3-piece bathroom with custom doorless walk-in shower. Outside, the private backyard includes a 2-year-old sauna, perfect for unwinding. A double car garage and a large driveway provide ample parking for family and guests. Set in a fantastic location close to shopping, schools, the hospital, Upper Canada Mall, and with easy access to Highways 404 and 400, this home offers both comfort and convenience. A wonderful place to call home.

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$1,164,900 - 68 Burling Place, Newmarket

Detached for Sale in Newmarket

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13170088
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
Royal LePage Frank Real Estate
Description

Welcome to 68 Burling Place in Newmarket, a lovingly maintained family home that has been the heart of many cherished memories. Warm, inviting, and thoughtfully updated, this is a home where you can truly settle in and grow. Upstairs offers four spacious bedrooms, including a comfortable primary suite with a walk-in closet featuring custom organizers and a private ensuite. The main floor is designed for both everyday living and special gatherings, with a beautiful staircase, a bright sitting room, and a formal dining space. The updated kitchen walks out to the deck, making it easy to enjoy meals outdoors, while the sunken living room adds a cozy place to relax. A main floor laundry room, powder room, and plenty of storage add to the home's practicality. The walk-out basement, updated in 2019 and 2020, is clean, well finished, and adds incredible versatility. It features full spray foam insulation, a large additional bedroom with its own walk-in closet, and a stylish 3-piece bathroom with custom doorless walk-in shower. Outside, the private backyard includes a 2-year-old sauna, perfect for unwinding. A double car garage and a large driveway provide ample parking for family and guests. Set in a fantastic location close to shopping, schools, the hospital, Upper Canada Mall, and with easy access to Highways 404 and 400, this home offers both comfort and convenience. A wonderful place to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,152.75/mo

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5-yr fixed avg.

Principal: $931,920Interest: $613,904
Mortgage Amount$931,920
Total Interest$613,904
Est. Property Tax$825/mo
Total Cost$1,545,824

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

68 Burling Place, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$825
Insurance (est.)-$243
Net Cash Flow+$2,632

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 $582/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.

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 $4,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    68 Burling Place, Newmarket — $1,164,900 | Battaglia Team