Newmarket, Central Newmarket, L3Y 4C8
$2,499,000
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE.
Offered for the first time in over 50 years, The Cedars is one of Newmarket's Grand homes in Old Newmarket. Built circa 1855 for Main Street merchant Robert H. Smith, the home is over 3,600sqft + partially finished basement and is situated on a beautifully treed lot that is nearly 2/3 of an acre. Featuring a circular driveway fronting Victoria Street, and Right-of-way access off Millard to the garage at the rear, this home is like no other in the highly coveted community. The Georgian Style mansion features expansive principal rooms on the main level with 10ft ceilings, an impressive 2nd floor with 4 spacious bedrooms with generous closets, and a 3rd floor for a potential 5th bedroom. This home also has great potential for a home based business or in-law suite apartment with the separate access to the lower level. it cannot be overstated how rare an opportunity this is to have a property & home of such size in this part of Newmarket, just steps to the Historic Downtown. This property must be seen to be appreciated.
Zoning: R1-D Permits: Single Family Detached, Bed & Breakfast, Home Occupation, Private Home Daycare, Accessory Residential Structures + others. Lot Coverage Permitted: 25%. Listed on municipal register of Non-designated Heritage Properties
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4th Br
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5th Br
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.