$779,000 - 143 Thoms Crescent, Newmarket
Detached for Sale in Newmarket
Popular ListingNeighbourhood: Central Newmarket
- MLS Number
- N13665884
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Lot Size
- 3,778 sqft
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Welcome to 143 Thoms Crescent, a South Facing 2 storey detached family home waiting for a new family. Whether you're upsizing, downsizing, renovating for your personal use or looking for an investment, this home offers tons of potential. Remodeled in 2010/2011 from a 4 bedroom to a 3 bedroom with the primary boasting a walk-in closet, a 4 pc ensuite washroom plus an additional closet for linens, the other two sizable bedrooms have double door closets. Some windows were replaced at that time, light fixtures, flat ceilings throughout except for the LR/DR combo. The home was converted to gas heating from electric, wiring updated, new breaker box with 200 amp service, the 4 piece washrooms were updated with granite counters, toilets, new tubs, tiles and shower heads along with hardware. The 2 piece powder room was upgraded, large hall closet at main entrance of home plus a side door entrance for your convenience. The kitchen runs off the hallway with a sizeable eat-in area, lovely bay window overlooking the front yard, stainless steel sink, tiled backsplash, and lots of cabinetry. The living/dining room combination is spacious in size with a walk-out to a deck for your outdoor enjoyment. A nice size fenced back yard and room for your flower and vegetable gardens. The partially finished open concept basement has a wood burning stove with a corner brick surround along with an office for the stay at home worker or the kids to do their homework. The laundry room is generous in size and offers room for storage. Lots of potential here, don't wait too long.
Estimate your monthly payments for this property
Estimated Payment
$3,996.67/mo
Includes CMHC insurance ($21,734)
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.
143 Thoms Crescent, 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 $708/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 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.
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 $3,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.