$2,149,000 - 888 Cresta Rider Place, Newmarket
Detached for Sale in Newmarket
Popular Listing- MLS Number
- N13205564
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Welcome to 888 Cresta Rider Place, an exceptional executive residence tucked away on a quiet court in prestigious Stonehaven. Offering approximately 5,500 sq. ft. of total living space, including a finished lower level, this elegant 4+1 bedroom, 4 bathroom home showcases timeless craftsmanship, luxurious upgrades and a functional family layout. A grand entrance and Piano Foyer sets the tone with marble flooring, custom inlaid hardwood, wainscotting, crown moulding, an open octagonal ceiling and an elegant staircase. Formal principal rooms feature refined millwork, coffered ceilings, oversized bay windows and rich hardwood flooring throughout. The sunken family room is ideal for everyday living and entertaining with a gas fireplace, custom built-ins, and a walkout to the covered deck and hot tub. At the heart of the home is a custom chef-inspired kitchen complete with premium JennAir stainless steel appliances, Cambria Quartz countertops, a large centre island, a breakfast bar, soft-close cabinetry and seamless access to the backyard oasis. The upper level offers four spacious bedrooms, including a luxurious primary retreat with French door entry, hardwood flooring, custom walk-in closet and spa-inspired 5-piece ensuite with glass shower, oversized soaking tub and dual sinks. A second-floor study offers flexibility as a potential fifth bedroom, den or home office. The lower level features a large recreation area, wet bar, 3-piece bathroom, extensive storage and versatile living space ideal for entertaining, guests, fitness or multi-generational living. Outside, the beautifully landscaped and fully fenced backyard offers a newer composite deck with covered seating areas, custom lighting and a private 6-person hot tub retreat. Complete with a double-car garage and double private driveway, this exceptional home is located minutes to top-rated schools, parks, trails, shopping, dining, golf and Highway 404.
Estimate your monthly payments for this property
Estimated Payment
$9,505.75/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.
888 Cresta Rider Place, 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 $614/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 3,500 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 5 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 4 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 $8,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.