40 Rutledge Avenue, Newmarket, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Huron Heights-Leslie Valley. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,045,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 50.03 x 100.06 ft lot
- Features a apartment, separate entrance 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: Accessory Apartment, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A beautifully Renovated 4 bedroom, 4 bathroom Detached Home With Separate Entrance Apartment suited on a quiet street in one ofNewmarket's most desirable neighbourhoods. This move in ready detached home featuring 4 bedrooms and a bright and spacious layout, renovated bathrooms, fresh paint, updated lighting, new high-quality engineered hardwood flooring throughout, new fence, renovated staircase with new railings, new window casings and baseboards and new interior doors and hardware. The fully finished basement includes a self-combined 2- bedroom apartment with separate entrance providing excellent income potential or an ideal space for extended family. The bright main floor features new hardwood flooring and a spacious family room with a cozy fireplace ideal for relaxed evenings. Upstairs, new hardwood flooring runs throughout generously sized bedrooms, including a primary suite with a walk-in closet and private 3-piece ensuite. The fully finished basement includes a separate entrance, kitchen, 2 bedroom, and a 3 piece bathroom. Enjoy a beautiful outdoor deck, perfect for entertaining, relaxing, and summer gathering, adding great outdoor living space to the home. Located just minutes from Hwy 404, Southlake Hospital, excellent schools, parks, resturants, shopping, and new costco. This home offers the perfect blend of lifestyle, convenience, and community. A fantastic opportunity for homeowners or investors, offering comfortable family living with strong income potential. Please note that some photos are AI-generated.
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Public Transit, School
Interior Features
Accessory Apartment, Sump Pump
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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 40 Rutledge Avenue, Newmarket, ON L3Y 5T4
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 $1,045,000 in Newmarket, the legal minimum down payment is $209,000 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 $17,375 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 $17,375.
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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.
