$1,050,000 - 801 Surin Court, Newmarket
Detached for Sale in Newmarket
43 days on market- MLS Number
- N13089342
- Property Type
- Detached
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Welcome to 801 Surin Court, an exceptional all-brick bungalow Custom Built by Thornwillow Homes nestled in the highly sought-after College Manor. This meticulously maintained home is situated on a premium treed lot, offering unparalleled privacy and a serene natural backdrop. Featuring a thoughtful (2400 sqft of living space) layout with 9-foot ceilings on the main floor and gleaming hardwood floors. A bright, family-sized kitchen boasts a walk-out to a private deck, ideal for morning coffee overlooking the trees. The spacious owner's suite serves as a true retreat overlooking the backyard, complete with a walk-in closet and a 4-piece ensuite featuring a soaker tub and separate shower. The massive open-concept lower level offers incredible versatility and in-law potential. It features a cozy gas fireplace, an additional bedroom, a 4-piece bathroom, and ample storage space. Enjoy a double car garage with direct home entry. Main floor laundry. Lighting in all closets. Furnace (2021). Shingles (2012). Ideally located just minutes from top-rated schools, parks, and shopping. Experience the charm of Historic Downtown Newmarket and benefit from quick, easy access to Hwy 404 for effortless commuting.This is a rare opportunity to secure a premium bungalow in one of Newmarket's most established and quiet pockets. Don't miss your chance to call this tranquil property home!
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/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.
801 Surin Court, Newmarket
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Rental income estimator & ROI calculator
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
Fair Market Value
At $955/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 43 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.
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 $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.