161 Austin paul Drive, Newmarket

Price: $1,278,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13784598

Welcome to this beautifully Fully Renovated family home in the highly desirable Summerhill Estates community of Newmarket! This move-in-ready home has been extensively renovated from top to bottom, offering peace of mind and modern comfort throughout. Features include New windows, New furnace, New heat pump/AC, New entrance and garage doors, new flooring throughout, and a 2022 roof with newly upgraded attic insulation. Enjoy a New water softener and water heater (both rental), as well as all New appliances. a fully finished basement .The exterior has also been transformed with New interlock and professionally updated front and backyard landscaping. Conveniently located close to transit, top-rated schools, shopping, parks, recreation centre, and major highways. An exceptional opportunity for families looking for a truly move-in-ready home in a sought-after neighbourhood. A must-see!

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$1,278,000 - 161 Austin paul Drive, Newmarket

Detached for Sale in Newmarket

Neighbourhood: Summerhill Estates

3Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13784598
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Taxes (2026)
$6,197
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to this beautifully Fully Renovated family home in the highly desirable Summerhill Estates community of Newmarket! This move-in-ready home has been extensively renovated from top to bottom, offering peace of mind and modern comfort throughout. Features include New windows, New furnace, New heat pump/AC, New entrance and garage doors, new flooring throughout, and a 2022 roof with newly upgraded attic insulation. Enjoy a New water softener and water heater (both rental), as well as all New appliances. a fully finished basement .The exterior has also been transformed with New interlock and professionally updated front and backyard landscaping. Conveniently located close to transit, top-rated schools, shopping, parks, recreation centre, and major highways. An exceptional opportunity for families looking for a truly move-in-ready home in a sought-after neighbourhood. A must-see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,653.03/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,022,400Interest: $673,508
Mortgage Amount$1,022,400
Total Interest$673,508
Est. Property Tax$905/mo
Total Cost$1,695,908

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: Summerhill Estates

Discover Summerhill Estates

Summerhill Estates 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 Summerhill Estates

  • •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

Summerhill Estates 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

161 Austin paul Drive, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$905
Insurance (est.)-$266
Net Cash Flow+$1,629

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

Fair Market Value

At $852/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 22 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.

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 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 Summerhill Estates

I know Summerhill Estates 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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    161 Austin paul Drive, Newmarket | $1,278,000 | Battaglia Team