$2,649,000 - 870 Robellino Court, Newmarket
Detached for Sale in Newmarket
Popular Listing- MLS Number
- N12944350
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 9
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- EXP REALTY
Welcome to 870 Robellino Court, an exquisitely renovated luxury residence (2023) gracefully positioned on an exclusive private court in the highly coveted Stonehaven community. Set on a rare and expansive 15,000+ sq. ft. premium lot backing onto serene, tree-lined greenspace, this exceptional home offers an unparalleled sense of privacy, tranquility, and refined living, all while maintaining effortless access to Highway 404. Meticulously redesigned with a focus on elevated comfort and timeless sophistication, the residence showcases impeccable craftsmanship, premium finishes, and a curated selection of top-tier Miele built-in appliances, including a sleek cooktop, wall oven, microwave, and dishwasher-perfectly suited for both everyday living and elegant entertaining. The home is thoughtfully configured to accommodate multigenerational living or discerning investors, featuring two beautifully appointed 2-bedroom basement suites: one a fully legal apartment complete with its own furnace, A/C, full kitchen, spa-inspired bathroom, and private walk-up entrance, and the other a self-contained suite with a functional lock-off layout, offering flexibility and privacy. Together, these suites present a remarkable income opportunity of approximately $4,000 per month. Additional highlights include a dedicated heat-pump A/C unit in the primary bedroom for enhanced year-round comfort, along with close proximity to top-ranked schools, Upper Canada Mall, lush parks, golf courses, and an array of fine dining and lifestyle amenities. This is a rare offering that seamlessly blends luxury, functionality, and investment potential in one of the region's most prestigious neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$11,717.42/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.
870 Robellino Court, Newmarket
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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
Competitive Pricing
At $530/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.
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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 9 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.
Bathroom Count Matters
With 6 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 $11,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.