226 Thoms Crescent, Newmarket, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $945,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 37.5 x 100 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Sump Pump
- equipped with central air, wall unit(s) central cooling and highly efficient forced air heating via electric
Description
Bright and well-maintained detached home located on a quiet, family-friendly crescent in a desirable Newmarket neighbourhood. The property offers a functional layout with spacious principal rooms, hardwood flooring on the main level, and a modern kitchen featuring stainless steel appliances, updated cabinetry, and clean finishes. The main floor includes a sun-filled dining area overlooking the backyard, enhanced by a skylight, electric fireplace, and a dedicated wall-mounted heating and cooling unit, providing comfortable additional living space. The dining area has been legally extended with permit approval, creating an improved layout and enhanced flow. The upper level features generously sized bedrooms, including a large primary bedroom with a walk-in closet, along with two full bathrooms and the convenience of upper-level laundry. The finished basement, with a separate entrance, provides flexible space for extended family use. Basement finishing was completed by a previous owner and may not have retrofit status. Additional features include a private garage with driveway parking for up to three additional vehicles. The exterior has been updated with a stucco finish on the upper level, offering a clean, modern appearance. Conveniently located close to parks, schools, shopping, transit, and major commuter routes.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 226 Thoms Crescent, Newmarket, ON L3Y 1E1
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 $945,000 in Newmarket, the legal minimum down payment is $69,500 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 $15,375 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 $15,375.
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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.
