141 Lundys Lane, Newmarket

Price: $850,000

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: N14105710

A Rare Opportunity! Impeccably Maintained Home With Legal Registered 1-Bedroom ApartmentPride of ownership shines throughout this beautifully maintained home, offering the perfect blend of comfort, functionality, and investment potential! Featuring a legal, registered, self-contained 1-bedroom basement apartment with an excellent AAA tenant paying $1,650 per month inclusive, this property is ideal for homeowners seeking additional income or investors looking for a fantastic opportunity.The thoughtfully designed kitchen boasts custom cabinetry, abundant storage, a convenient breakfast bar, wine rack, two built-in ovens, a cooktop, and an oversized refrigerator with ice and water dispenser. Full-size laundry facilities on both levels add exceptional convenience for both the main residence and basement apartment.Enjoy the warmth and charm of hardwood flooring beneath the broadloom in the bedrooms, along with custom cabinetry and built-in dresser storage in the living room and primary bedroom. The second bedroom offers a walkout to multi-level decks, creating a seamless connection to the outdoors.Step outside to your own private retreat featuring a beautifully landscaped, fully fenced yard-perfect for entertaining, relaxing, or enjoying time with family and friends.The basement apartment features two separate entrances for added accessibility and privacy, making it an attractive option for rental income or extended family living.Whether you're a first-time buyer, growing family, or savvy investor, this exceptional property offers versatility, income potential, and pride of ownership in one impressive package. A must-see home with so much to offer!

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active
New Listing

$850,000 - 141 Lundys Lane, Newmarket

Semi-Detached for Sale in Newmarket

New — Listed today

Neighbourhood: Huron Heights-Leslie Valley

4Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached

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Property Details
MLS Number
N14105710
Property Type
Semi-Detached
Status
active
Days on Site
0
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Taxes (2025)
$4,164
Listing Brokerage
KELLER WILLIAMS REALTY CENTRES
Description

A Rare Opportunity! Impeccably Maintained Home With Legal Registered 1-Bedroom ApartmentPride of ownership shines throughout this beautifully maintained home, offering the perfect blend of comfort, functionality, and investment potential! Featuring a legal, registered, self-contained 1-bedroom basement apartment with an excellent AAA tenant paying $1,650 per month inclusive, this property is ideal for homeowners seeking additional income or investors looking for a fantastic opportunity.The thoughtfully designed kitchen boasts custom cabinetry, abundant storage, a convenient breakfast bar, wine rack, two built-in ovens, a cooktop, and an oversized refrigerator with ice and water dispenser. Full-size laundry facilities on both levels add exceptional convenience for both the main residence and basement apartment.Enjoy the warmth and charm of hardwood flooring beneath the broadloom in the bedrooms, along with custom cabinetry and built-in dresser storage in the living room and primary bedroom. The second bedroom offers a walkout to multi-level decks, creating a seamless connection to the outdoors.Step outside to your own private retreat featuring a beautifully landscaped, fully fenced yard-perfect for entertaining, relaxing, or enjoying time with family and friends.The basement apartment features two separate entrances for added accessibility and privacy, making it an attractive option for rental income or extended family living.Whether you're a first-time buyer, growing family, or savvy investor, this exceptional property offers versatility, income potential, and pride of ownership in one impressive package. A must-see home with so much to offer!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.94/mo

Includes CMHC insurance ($23,715)

$
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5%10%50%

5-yr fixed avg.

Principal: $765,000Interest: $519,567
Mortgage Amount$788,715
Total Interest$519,567
Est. Property Tax$602/mo
Total Cost$1,308,282

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.

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Neighbourhood Guide: Huron Heights-Leslie Valley

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

141 Lundys Lane, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,421

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $773/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Bathroom Count Matters

With 3 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 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.

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    141 Lundys Lane, Newmarket | $850,000 | Battaglia Team