708 Jackson Court, Newmarket

Price: $775,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: N12902386

Open House Saturday March 21, 2-4! Fantastic opportunity to own an Income-Producing Property! Registered Basement Apartment! If you've been looking for a space for you, that has additional space to generate income-- you need to see this. Great Location - A quiet cul-de-sac PLUS a Private, Treed, Fully Fenced PIE shaped Lot. The Upper Unit is airy and bright with a huge Livingroom/ Dining Room and an Updated Eat-In Kitchen PLUS 3 good sized bedrooms, a 4 piece bathroom. There's patio door access to the deck in the backyard. The Lower Level 2 Bedroom Apartment has it's own separate entrance (no stairs to enter) and also has an Open-Concept Living & Dining Plus there's Full Kitchen & 3 Pc Bath. This is a Registered Additional Residential Unit with the city of Newmarket. All of this in a fantastic location close to downtown Newmarket. Book your private showing today. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition.

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$775,000 - 708 Jackson Court, Newmarket

Semi-Detached for Sale in Newmarket

5Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
N12902386
Property Type
Semi-Detached
Status
active
Days on Site
21
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
SOLID ROCK REALTY
Description

Open House Saturday March 21, 2-4! Fantastic opportunity to own an Income-Producing Property! Registered Basement Apartment! If you've been looking for a space for you, that has additional space to generate income-- you need to see this. Great Location - A quiet cul-de-sac PLUS a Private, Treed, Fully Fenced PIE shaped Lot. The Upper Unit is airy and bright with a huge Livingroom/ Dining Room and an Updated Eat-In Kitchen PLUS 3 good sized bedrooms, a 4 piece bathroom. There's patio door access to the deck in the backyard. The Lower Level 2 Bedroom Apartment has it's own separate entrance (no stairs to enter) and also has an Open-Concept Living & Dining Plus there's Full Kitchen & 3 Pc Bath. This is a Registered Additional Residential Unit with the city of Newmarket. All of this in a fantastic location close to downtown Newmarket. Book your private showing today. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,976.15/mo

Includes CMHC insurance ($21,623)

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5%10%50%

5-yr fixed avg.

Principal: $697,500Interest: $473,723
Mortgage Amount$719,123
Total Interest$473,723
Est. Property Tax$549/mo
Total Cost$1,192,846

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

708 Jackson Court, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$549
Insurance (est.)-$161
Net Cash Flow+$2,890

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 $705/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 21 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.

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 $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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