117 Cardinal Crescent, Newmarket, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 57.5 x 112.87 ft lot
- Features a apartment, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Capability, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 117 Cardinal Crescent, a beautifully updated, custom-designed 3+2 bedroom, 4 bathroom home in the highly sought-after Bristol-London community of Newmarket. Situated on a premium, fully fenced corner lot with mature trees and lush gardens, this property offers exceptional curb appeal, privacy, and outdoor space rarely found in such a central location. Step inside to a bright and inviting main floor featuring soaring cathedral ceilings, rich hardwood flooring, and sleek glass railings that create a modern, open feel. The updated eat-in kitchen is both stylish and functional, complete with granite countertops and ample space for everyday living and entertaining. Large windows and a walkout fill the home with natural light, while newer windows and doors add to the overall quality and comfort.The fully separate walkout basement offers incredible flexibility and income potential, featuring 2 bedrooms, a full kitchen, and its own laundry. The current A+++ tenant is paying $2,000/month plus utilities and is willing to stay or vacate, making this a turnkey opportunity for investors or end-users alike. Located just steps to Yonge Street, transit, shopping, schools, and minutes to Upper Canada Mall, Highway 404 & 400, and both Yonge & Bathurst corridors-this is an unbeatable location. A rare opportunity to own a move-in ready home with income potential on a premium lot in the heart of Newmarket.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, School, Fenced Yard, Rec./Commun.Centre, Hospital, Park
Interior Features
In-Law Capability, Carpet Free
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 117 Cardinal Crescent, Newmarket, ON L3Y 5Y5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $1,200,000 in Newmarket, the legal minimum down payment is $240,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,475 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
