870 Boronia Crescent, Newmarket

Price: $939,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N12823754

Welcome to this beautifully updated 3 bedroom bungalow in the highly sought-after area of Newmarket. Situated on a rare, oversized lot surrounded by mature trees, this home offers exceptional indoor and outdoor living. The main level features a bright, functional layout with heated floors in the bathroom and updated finishes throughout. The kitchen offers plenty of workspace and walks out to the backyard, making everyday living and entertaining seamless. The living and dining areas are warm, inviting, and filled with natural light. The finished lower level with the exception of the ceiling, adds incredible value with large recreation area, and walk-out, creating ideal potential for extended family, an in-law suite, or a private home office. There is truly room to live, work, and grow. Located in one of Newmarket's most established neighbourhoods, you're just minutes from parks, schools, trails, Southlake Hospital, Upper Canada Mall, restaurants, transit, and major commuter routes-offering both convenience and comfort. Quiet crescent with minimal traffic, good for kids, schools and a nice walk way. A rare opportunity in Leslie Valley-move-in ready, and offering generous living space inside and out.

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$939,000 - 870 Boronia Crescent, Newmarket

Detached for Sale in Newmarket

109 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N12823754
Property Type
Detached
Status
active
Days on Site
109
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
ENGEL & VOLKERS TORONTO CITY
Description

Welcome to this beautifully updated 3 bedroom bungalow in the highly sought-after area of Newmarket. Situated on a rare, oversized lot surrounded by mature trees, this home offers exceptional indoor and outdoor living. The main level features a bright, functional layout with heated floors in the bathroom and updated finishes throughout. The kitchen offers plenty of workspace and walks out to the backyard, making everyday living and entertaining seamless. The living and dining areas are warm, inviting, and filled with natural light. The finished lower level with the exception of the ceiling, adds incredible value with large recreation area, and walk-out, creating ideal potential for extended family, an in-law suite, or a private home office. There is truly room to live, work, and grow. Located in one of Newmarket's most established neighbourhoods, you're just minutes from parks, schools, trails, Southlake Hospital, Upper Canada Mall, restaurants, transit, and major commuter routes-offering both convenience and comfort. Quiet crescent with minimal traffic, good for kids, schools and a nice walk way. A rare opportunity in Leslie Valley-move-in ready, and offering generous living space inside and out.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,817.56/mo

Includes CMHC insurance ($26,198)

$
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5%10%50%

5-yr fixed avg.

Principal: $845,100Interest: $573,969
Mortgage Amount$871,298
Total Interest$573,969
Est. Property Tax$665/mo
Total Cost$1,445,267

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

870 Boronia 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$665
Insurance (est.)-$196
Net Cash Flow+$1,939

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

Fair Market Value

At $854/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.

Negotiation Opportunity

At 109 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 $3,913 (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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    870 Boronia Crescent, Newmarket — $939,000 | Battaglia Team