$2,249,000 - 150 Lorne Avenue, Newmarket
Detached for Sale in Newmarket
Neighbourhood: Central Newmarket
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- MLS Number
- N13758492
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Newmarket
- Taxes (2025)
- $5,822
- Listing Brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Welcome to the distinguished John S. Millard House-an exceptional heritage residence where historic character has been thoughtfully preserved & seamlessly blended w/ modern comfort & sophistication. Sought after location just steps to Newmarket's award winning downtown w/ shops, restaurants, bars, farmers market, Riverwalk Commons & trail system. Fully renovated, the home showcases soaring ceilings, extensive trim, wainscoting, crown moulding & hand-scraped hardwood flooring. The gourmet kitchen features stone counters, retro appliances, tall cabinetry w/glass inserts, custom backsplash, lighting & flooring, flowing into a sunken "Muskoka" room rich in wood detailing & warmed by a gas fireplace, overlooking the expansive cottage-like backyard oasis w/ coveted western exposure. Formal living & dining rooms offer a step back in time w/ soaring ceilings, traditional baseboards & refined trim. The impressive primary suite features a generous walk-in closet leading to a fully updated ensuite w/ modern glass shower, inviting soaker tub & 9' ceilings. The walk-out lower level provides a private in-law suite, ideal for extended family or guests. Outside, the exceptionally rare, deep lot creates a private summer oasis complete w/ sparkling in-ground pool & private gazebo-perfect for entertaining & family gatherings. Beyond the pool, the original barn has been transformed into an extraordinary private retreat, featuring a games room, additional bedroom & ensuite on the lower level and a spectacular upper-level recreation room w/ live-edge bar, extensive wood & beam detailing and multiple lookouts overlooking the pool. The barn also offers exciting potential to become an exquisite carriage house. A rear bunky/shed adds to the property's authentic north-country charm. An incredibly rare offering that combines heritage, elegance, thoughtful renovation & exceptional recreational spaces-truly a piece of Newmarket history-reimagined for modern living!
Estimate your monthly payments for this property
Estimated Payment
$9,948.09/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.
150 Lorne Avenue, 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
Fair Market Value
At $1125/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 28 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.
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 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.