727 Madeline Heights, Newmarket

Price: $1,799,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N12968938

Welcome to Madeline Heights. Located on a road less travelled in the sought after community of St Andrews Valley Golf Club. This upgraded bungalow sits on a 48 X 121' private lot overlooking the golf course. The open concept layout sets up perfectly for entertaining with a custom kitchen, Hi-End appliances, centre island and walkout to a large deck with glass railings. Featuring plank hardwood flooring throughout and wooden California shutters. The spacious Primary bedroom offers a walk-in closet and 3 piece ensuite. The lower level with two additional bedrooms, 4 piece bath and a large recreation room with hardwood flooring, gas fire place and walkout to patio.

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active
New Listing
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$1,799,000 - 727 Madeline Heights, Newmarket

Detached for Sale in Newmarket

New — Listed 2 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N12968938
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
Royal LePage Locations North
Description

Welcome to Madeline Heights. Located on a road less travelled in the sought after community of St Andrews Valley Golf Club. This upgraded bungalow sits on a 48 X 121' private lot overlooking the golf course. The open concept layout sets up perfectly for entertaining with a custom kitchen, Hi-End appliances, centre island and walkout to a large deck with glass railings. Featuring plank hardwood flooring throughout and wooden California shutters. The spacious Primary bedroom offers a walk-in closet and 3 piece ensuite. The lower level with two additional bedrooms, 4 piece bath and a large recreation room with hardwood flooring, gas fire place and walkout to patio.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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
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Price Range

727 Madeline Heights, 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)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$1,151

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

Premium Pricing

At $1635/sqft, this property is priced above the Newmarket average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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.

Bathroom Count Matters

With 3 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 $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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