149 Revell Road, Newmarket

Price: $1,320,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13821644

Rare Opportunity! Premium Ravine Lot On A Quiet, Family-Friendly Street, Backing Onto Green Space, Trails And Park. Enjoy Breathtaking Views And Total Privacy From The Back, With Nature Right At Your Doorstep. Lovingly And Meticulously Maintained Home, Offering Great Pride Of Ownership. New Roof (2026) For Added Peace Of Mind. Convenient Direct Entry From Garage. Bright Finished Walkout Basement Opening To The Ravine Setting, Perfect For Extended Family, Entertaining Or Relaxing. Close To Schools, Parks And Everyday Amenities. A Must See!

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$1,320,000 - 149 Revell Road, Newmarket

Detached for Sale in Newmarket

Popular Listing

Neighbourhood: Armitage

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
N13821644
Property Type
Detached
Status
active
Days on Site
14
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Taxes (2025)
$6,803
Listing Brokerage
PROMPTON REAL ESTATE SERVICES CORP.
Description

Rare Opportunity! Premium Ravine Lot On A Quiet, Family-Friendly Street, Backing Onto Green Space, Trails And Park. Enjoy Breathtaking Views And Total Privacy From The Back, With Nature Right At Your Doorstep. Lovingly And Meticulously Maintained Home, Offering Great Pride Of Ownership. New Roof (2026) For Added Peace Of Mind. Convenient Direct Entry From Garage. Bright Finished Walkout Basement Opening To The Ravine Setting, Perfect For Extended Family, Entertaining Or Relaxing. Close To Schools, Parks And Everyday Amenities. A Must See!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,838.81/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,056,000Interest: $695,642
Mortgage Amount$1,056,000
Total Interest$695,642
Est. Property Tax$935/mo
Total Cost$1,751,642

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: Armitage

Discover Armitage

Armitage 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 Armitage

  • •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

Armitage 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

149 Revell Road, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$935
Insurance (est.)-$275
Net Cash Flow+$2,740

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 $528/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.

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 4 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 Armitage

I know Armitage 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 $5,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    149 Revell Road, Newmarket | $1,320,000 | Battaglia Team