$2,222,000 - 986 Stonehaven Avenue, Newmarket
Detached for Sale in Newmarket
79 days on market- MLS Number
- N12926758
- Property Type
- Detached
- Status
- active
- Days on Site
- 79
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 8,234 sqft
- Listing Brokerage
- UPPERSIDE REAL ESTATE LIMITED
Welcome to 986 Stonehaven Avenue - a one-of-a-kind luxury residence in one of Newmarket's most prestigious communities. No other property offers a combination of the following: unique and one of a kind layout (only one in the area), luxury high-end finishes, serene home space including in your own backyard with complete privacy and tranquility. This home has been renovated from top to bottom, offering modern luxury, warmth and charm, all in one place where you can call home. From the moment you arrive, the all-brick exterior, custom hardscaped entry, and striking 16x7 ft. garage door set the tone. Inside, you are greeted by a grand foyer with dark hardwood flooring that flows effortlessly into the spacious formal living room. The soaring 16-ft cathedral ceiling family room - anchored by a stunning wide-format linear electric fireplace with a bespoke custom-made limestone fireplace - flows seamlessly into a chef's kitchen with floor-to-ceiling custom cabinetry, quartz countertops, built-in double wall ovens, & polished marble-look porcelain tile. A sun-drenched breakfast nook with French doors to the backyard and an elegant formal dining room with an antique brass crystal chandelier complete this extraordinary main floor. Upstairs, a show-stopping crystal chandelier crowns the staircase above a second-floor landing that overlooks the cathedral below. Bedrooms are spacious and serene, each with custom drapery and pot lighting. Panoramic views from the tranquil and vast primary bedroom. The primary ensuite is a spa unto itself - freestanding soaker tub, frameless glass rain shower, and a private treetop window view. The fully finished lower level offers exceptional versatility with luxury flooring and 25 pot lights. Outside, 100+ mature conifers over 20 ft. tall create an irreplaceable private sanctuary. Professionally hardscaped patio, 40 landscape lights, extended driveway for 7+ vehicles. 117 total pot lights. Smooth ceilings throughout. Truly move-in perfect.
Estimate your monthly payments for this property
Estimated Payment
$9,828.66/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.
986 Stonehaven Avenue, 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
Fair Market Value
At $889/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 79 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.
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 $9,258 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.