$774,900 - 140 Lundy's Lane, Newmarket
Semi-Detached for Sale in Newmarket
Neighbourhood: Huron Heights-Leslie Valley
- MLS Number
- N13645696
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Move in Ready! Separate entrance with In law potential! 1462 sq feet plus fin basement! Welcome to this inviting move in ready semi! Bright neutral decor through out, with a layout that makes this home feel spacious! Originally a 4 bedroom model, the primary bedroom is now its own private retreat with sitting area and walk out to a second floor deck - facing west its a perfect spot to catch some sun or unwind at the end of the day. The carpet free main and upper levels are enhanced with beautifully restored hardwood floors, while the recently renovated bathroom offers a fresh modern look! Eat in Kitchen with pantry and walk out to the deck and fully fenced yard , including a spot thats perfect for a small fire pit ( propane is a safe choice). A separate entrance to the basement provides potential for an in law suite. Enjoy your morning coffee on the newly rebuilt front deck. Other updates include exterior doors, shingles, eaves trough, windows, furnace, hot water tank (owned)- allowing you to move in and enjoy! Parking for four cars. Ideally located close to Southlake Hospital, Go train and a nice walk to historic Main Street- offering shopping and dining. Runners/Bikers/Walkers will love the easy access to Tom Taylor trails. Larger than many comparable semis in the area, this is a great opportunity to own a meticulously maintained home with in law- potential .
Estimate your monthly payments for this property
Estimated Payment
$3,975.64/mo
Includes CMHC insurance ($21,620)
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 Huron Heights-Leslie Valley
Huron Heights-Leslie Valley 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 Huron Heights-Leslie Valley
- •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
Huron Heights-Leslie Valley 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.
140 Lundy's Lane, 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 $704/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 17 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.
Detached Home Advantages
Detached homes in Newmarket are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.
About Huron Heights-Leslie Valley
I know Huron Heights-Leslie Valley 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.
Investment Perspective
Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.