720 Walpole Crescent, Newmarket

Price: $838,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: N12922306

{{Offers anytime!}} Welcome home! This beautifully updated, 3-bedroom, 2-bathroom, semi-detached, fully bricked, corner-lot home, sits peacefully on a quiet, family friendly crescent in Newmarket's highly sought-after Stonehaven community. Surrounded by incredible parks & soaring trees, this modern property is truly one of Stonehaven's finest! Enjoy gorgeous, updated washrooms, stunning fixtures, cozy finished basement, private garage, extra-long 3 vehicle driveway, oversized front and backyards, and large sunlight-facing windows! Experience pride in ownership at its best! Fully equipped with modern stainless-steel appliances, luscious broadloom, smooth ceilings, and much more! See complete list of upgrades below. A great sense of community in neighbourhood! Incredible location just steps from top rated public & private schools, MAGNA Centre, South Lake Hospital, GO Transit, highways 404 & 400 access, medical services, personal care services, etc. Perfect for any family, professionals, retirees, multi-generational families & outdoor enthusiasts. Mins to Upper Canada Mall, Costco, groceries and more!

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$838,000 - 720 Walpole Crescent, Newmarket

Semi-Detached for Sale in Newmarket

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
N12922306
Property Type
Semi-Detached
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
KELLER WILLIAMS REALTY CENTRES
Description

{{Offers anytime!}} Welcome home! This beautifully updated, 3-bedroom, 2-bathroom, semi-detached, fully bricked, corner-lot home, sits peacefully on a quiet, family friendly crescent in Newmarket's highly sought-after Stonehaven community. Surrounded by incredible parks & soaring trees, this modern property is truly one of Stonehaven's finest! Enjoy gorgeous, updated washrooms, stunning fixtures, cozy finished basement, private garage, extra-long 3 vehicle driveway, oversized front and backyards, and large sunlight-facing windows! Experience pride in ownership at its best! Fully equipped with modern stainless-steel appliances, luscious broadloom, smooth ceilings, and much more! See complete list of upgrades below. A great sense of community in neighbourhood! Incredible location just steps from top rated public & private schools, MAGNA Centre, South Lake Hospital, GO Transit, highways 404 & 400 access, medical services, personal care services, etc. Perfect for any family, professionals, retirees, multi-generational families & outdoor enthusiasts. Mins to Upper Canada Mall, Costco, groceries and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,299.37/mo

Includes CMHC insurance ($23,380)

$
$
5%10%50%

5-yr fixed avg.

Principal: $754,200Interest: $512,232
Mortgage Amount$777,580
Total Interest$512,232
Est. Property Tax$594/mo
Total Cost$1,289,812

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

720 Walpole Crescent, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$594
Insurance (est.)-$175
Net Cash Flow+$2,031

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 $762/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 15 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.

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.

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 $3,492 (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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