499 Rourke Place, Newmarket, ON

$799,999
MLS#:N9383851
3 beds
3 baths
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,999 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 19.69 x 113.46 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Carpet Free
  • Efficient forced air heating via gas

Description

Your search is over! First time on a market! Extremely well maintained and updated Freehold Townhome located on a cul-de-sac in the Finest Neighbourhood of Newmarket! This home features Spacious Foyer with Closet, Open concept Kitchen, Living/Dining area on the First floor, 3 Spacious bedrooms, 2 bath on the Second floor, Primary with a 4pc ensuite and walk-in closet. Finished Basement with Walk-out to Completely Fenced Yard Backing to Park - great for outdoor entertaining! Extra long driveway can fit 3 cars! Amazing Close to great schools, parks, public transit, hospital, shops and restaurants, minutes to 404 !

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 16, 2024
Sold price information is available to members only
Listed Date10/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size19.69 × 113.46 Feet
CountyYork
Annual Tax$4,113.16
Legal DescriptionPT BLK 89 PL 65M3284 PT 9 65R22562, NEWMARKET ; S/T RT UNTIL ACCEPTANCE OF THE SUBDIVISION BY THE TOWN OF NEWMARKET AS IN LT1517892

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Carpet Free

Security Features

Smoke Detector

Community Features

Location

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499 Rourke Place, Newmarket, ON
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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 499 Rourke Place, Newmarket, ON L3Y 8S9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate5.25%
Down Payment$55,000 (6.9%)
* Minimum Canadian down payment required for this price is $55,000.
Amortization Period25 Years
Estimated Monthly Payment$4,440Based on a loan of $744,999 over 25 years.
Purchase Price$799,999
Loan Amount$744,999
Provincial Land Transfer Tax:$12,475
Total Estimated Closing Taxes:$12,475

About Purchasing a Home in Newmarket, ON

For a property listed at $799,999 in Newmarket, the legal minimum down payment is $55,000 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 $12,475 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 $12,475.

Nearby Listings

Distance:

No current listings found in Newmarket.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,102,185

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.