$2,299,000 - 108 Avenue Road, Newmarket
New Construction for Sale in Newmarket
36 days on marketNeighbourhood: Central Newmarket
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- MLS Number
- N13730358
- Property Type
- New Construction
- Status
- active
- Days on Site
- 36
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Newmarket
- Taxes (2025)
- $9,977
- Listing Brokerage
- COMFLEX REALTY INC.
Exceptional design. Incredible privacy. A home that truly stands apart. Tucked away at the end of a quiet cul-de-sac and surrounded by mature trees, this spectacular custom-built residence offers an impressive combination of luxury, space and privacy, just minutes from downtown Newmarket.Step inside to soaring 10 ft main-floor ceilings, rich hardwood flooring and beautiful designer lighting. The expansive open-concept layout is filled with natural light, while oversized sliding doors create a seamless connection between the indoor and outdoor living spaces-ideal for entertaining family and friends. At the centre of the home is a stunning chef-inspired kitchen featuring vaulted ceilings, quartz countertops and premium finishes, all designed with both everyday living and entertaining in mind. Upstairs, you'll find four spacious bedrooms, each with its own private ensuite and walk-in closet. The primary suite is a true retreat, complete with a magazine-worthy, spa-inspired ensuite designed for relaxation.The professionally finished lower level adds even more versatility with 9 ft ceilings and a separate entrance from the garage, creating an excellent space for extended family, guests, a home office or additional living space.From its thoughtfully designed interior to its private setting among mature trees, this is a home where quality craftsmanship and attention to detail can be seen throughout.Custom built. Beautifully finished. Exceptionally private. And only minutes from everything Newmarket has to offer. (3874 Sq ft + 1000 Sq Ft Basement at $450 a sq ft to build + land costs + development fees, + extras) = Well over the asking price.
Estimate your monthly payments for this property
Estimated Payment
$10,169.25/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Central Newmarket
Central Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Central Newmarket
- •Convenient location in Newmarket
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Central Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
108 Avenue Road, Newmarket
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $657/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Newmarket.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Central Newmarket
I know Central Newmarket well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.