301 Primrose Lane, Newmarket, ON

$1,350,000
MLS#:N9737077
5 beds
4 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This listing is no longer active (Sold)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 Backsplit 4 detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,350,000 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
  • Premium 57.54 x 114.32 ft lot size
  • Features a apartment, 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 attached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Awesome Newmarket legal duplex house for sale. 3 + 2 detached house, open concept , modernliving space including 2Br legal Apt. to generate income or In-law Apt.This home offers aspacious and functional layout with attention to every detail. Recently meticulously fullyrenovated under the permit/inspection of the town of Newmarket.Every-thing is Brand new. Newkitchens, new appliances, new floors, new attic insulation, new 200 Amp electrical panels withESA approval, new Furnace, New AC, new windows and doors, list goes on . All imaginableupgrades W/impeccable finishing. Must see. Just move and enjoy

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 7, 2024
Sold price information is available to members only
Listed Date10/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionAluminum Siding, Brick
BasementApartment, Finished with Walk-Out
Lot Size57.54 × 114.32 Feet
CountyYork
Annual Tax$4,963.56
Legal DescriptionPCL 1-1 SEC M67; LT 1 PL M67 TOWN OF NEWMARKET

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Accessory Apartment, Auto Garage Door Remote, Carpet Free, Countertop Range, In-Law Suite, Sump Pump, Upgraded Insulation, Water Heater, Water Meter

Security Features

Community Features

Location

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301 Primrose Lane, 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 301 Primrose Lane, Newmarket, ON L3Y 5Z1

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$270,000 (20.0%)
* Minimum Canadian down payment required for this price is $270,000.
Amortization Period25 Years
Estimated Monthly Payment$6,436Based on a loan of $1,080,000 over 25 years.
Purchase Price$1,350,000
Loan Amount$1,080,000
Provincial Land Transfer Tax:$23,475
Total Estimated Closing Taxes:$23,475

About Purchasing a Home in Newmarket, ON

For a property listed at $1,350,000 in Newmarket, the legal minimum down payment is $270,000 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 $23,475 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 $23,475.

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.