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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Summerhill Estates. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,289,000 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.
Welcome to the epitome of suburban living in the coveted Summerhill Estates! After two decades, this fully renovated detached home is hitting the market, offering a rare opportunity for a new owner to call it home. Nestled against a lush forest and park, this property provides a serene backdrop and unparalleled privacy. Approaching the residence, you'll be captivated by its charming curb appeal accentuated by meticulous landscaping. Step inside to discover a spacious foyer leading to a bright and inviting living/dining area, bathed in natural light streaming through a large bay window, ideal for hosting memorable family gatherings. The heart of the home lies in the generously sized kitchen, boasting stainless steel appliances, custom backsplash, and luxurious Quartz countertops. Adjacent to the kitchen, a cozy family room awaits, complete with a brick gas fireplace, perfect for unwinding after a long day. Venture outside to your own personal oasis a completely private backyard with no neighbors behind, a tranquil retreat for relaxation or entertaining guests. Ascending to the upper level, you'll find the oversized primary bedroom, featuring a walk-in closet, an additional closet, and a luxurious 5-piece ensuite washroom. Two more sizable bedrooms offer comfort and space, with the option to easily accommodate a fourth bedroom to suit your needs. An additional 4-piece ensuite completes the upstairs level. Descend to the basement level, where a versatile recreation room awaits, ideal for an additional family room, entertainment space, or even a home office. An extra bedroom provides flexibility for guests or growing families.
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Data-driven valuation for 402 Carruthers Avenue, Newmarket, ON L3X 2C1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $1,289,000 in Newmarket, the legal minimum down payment is $257,800 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 $22,255 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 $22,255.
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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.