$939,000 - 88 Banbrooke Crescent, Newmarket
Townhouse for Sale in Newmarket
- MLS Number
- N12888990
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 24
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 2,325 sqft
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Spacious Townhome 3 Bedrm Plus Main Floor Family Room In Demand Location, With Many Recent Improvements! New Roof Shingles (2019), Hardwood Floors Thru-Out, Freshly Painted Most Of Interior In 2020, New Kitchen, New Welcome to this beautifully renovated townhome nestled in one of Newmarket's most sought-after neighborhoods. Walking Distance To Yonge & Mulock. large size 3 spacious bedrooms, 3 modern bathrooms, fully finished walkout basement. this home offers exceptional space, style, and convenience. Step inside to discover elegant hardwood flooring throughout, a bright open-concept living area, and a beautifully updated kitchen designed for both everyday living and entertaining. The primary suite features a private ensuite and ample closet space, while the additional bedrooms provide comfort and flexibility for family or guests. Enjoy the added living space of basement with separated entrance. perfect for a home office, recreation area, or potential in-law suite. Outside, relax on your private deck or take a stroll through nearby parks and green spaces. Located just minutes from Upper Canada Mall, public transportation, schools, and amenities, this move-in-ready home combines suburban tranquility with urban accessibility. Don't miss your chance to own this turnkey property in the heart of Newmarket!
Estimate your monthly payments for this property
Estimated Payment
$4,817.56/mo
Includes CMHC insurance ($26,198)
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.
88 Banbrooke Crescent, 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
Competitive Pricing
At $626/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 24 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.
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 $3,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.