$1,898,000 - 919 Schaeffer Outlook, Newmarket
Detached for Sale in Newmarket
- MLS Number
- N12921358
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Set within a quiet double cul-de-sac in sought-after Stonehaven-Wyndham, 919 Schaeffer Outlook offers a rare combination of privacy, space, and natural surroundings, backing onto serene greenspace and a picturesque pond. Lovingly maintained and tastefully updated, this home is designed for both everyday living and elevated entertaining. The main level features 9-foot ceilings, expansive principal rooms, and a bright breakfast area with a walkout to a sun deck, an ideal setting to take in the unobstructed ravine views. The backyard is fully fenced with a large deck and direct connection to nature, creating a peaceful outdoor setting. Upstairs, the primary suite is thoughtfully designed with a 5-piece ensuite, walk-in closet and double closet, and a separate side room featuring vaulted ceilings and oversized windows, perfect as a private lounge, home office, or work-out space. With 4 spacious bedrooms on the second floor plus an additional bedroom in the basement, providing exceptional flexibility for growing families, guests, or multi-generational living. The finished walkout basement extends the home's living space with the same 9-foot ceilings, offering a recreation area with a gas fireplace, wet bar, and an included pool table, ideal for entertaining. This level also features an additional bedroom, 3-piece bathroom, and a dedicated workshop. Ideally located near highly rated Stonehaven P.S. Positioned just north of the border of Aurora and Newmarket, this home offers convenient access to top schools, parks, and amenities while delivering the tranquility of a premium ravine lot. A refined family home where space, setting, and thoughtful updates come together seamlessly.
Estimate your monthly payments for this property
Estimated Payment
$8,395.49/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.
919 Schaeffer Outlook, 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 $759/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 15 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.
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 $7,908 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.