Newmarket, Summerhill Estates, L3X 2W3
$1,325,000
Listed by MAIN STREET REALTY LTD..
WOW! Summerhill South Detached 4 Bedroom Home + Registered Basement Apartment! Calling all investors or buyers looking for a legal basement apartment - this is the one! Beautiful and well-maintained 4 bedroom home with a great layout, fantastic fenced backyard off the kitchen and in move-in ready condition! Primary bedroom features a large ensuite and large walk-in closet. Additional upper bedrooms are all a good size with new broadloom just laid. Newer main floor kitchen appliances (all 2019), new furnace (January 2025), Roof shingles replaced in 2021, Beautiful quaint backyard with a large deck (2022) and garden shed. Basement apartment converted to registered ADU with the Town of Newmarket in 2020, complete with separate entrance and separate laundry room. Plenty of parking for everyone.This home is ideally located minutes to multiple schools, public transit lines, groceries, shopping and ideally situated between the HWYS 400 AND 404. Location does not get better than this. Fair market value for a basement apartment in this area is in the $1400-$1500/mo range. This home is Move in ready and will not disappoint. Apartment is currently not tenanted and vacant possession is guaranteed.
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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.
This property has been sold 2 times before. To view this property's sale price history please sign in or register: