$999,000 - 178 Main Street, Newmarket
Detached for Sale in Newmarket
35 days on marketNeighbourhood: Bristol-London
- MLS Number
- N13229034
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Exceptional opportunity to own a beautifully maintained 3+1 bedroom home situated on a substantial lot in one of Newmarket's most established and evolving neighbourhoods. Offering the perfect blend of comfortable family living and long-term investment potential, this property is sure to appeal to homeowners, investors, and developers alike.The bright, open-concept main floor features hardwood flooring throughout, elegant crown moulding, pot lights, and California shutters. The spacious entertainment-sized kitchen is designed for gathering and everyday living, complete with a large centre island, stylish backsplash, stainless steel appliances, and seamless flow into the principal living and dining areas.The finished lower level extends the living space with a fourth bedroom, large family room, and dedicated media room-ideal for growing families, multi-generational living, or work-from-home flexibility.Outside, the generous lot offers exceptional outdoor space and abundant parking for multiple vehicles, trailers, or recreational equipment. Located just minutes from Historic Main Street, Southlake Regional Health Centre, GO Transit, Upper Canada Mall, schools, parks, and major commuter routes.A rare offering that combines a move-in ready family home with significant future upside in a rapidly developing area of Newmarket. Buyers are encouraged to conduct their own due diligence regarding future development and redevelopment opportunities.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Bristol-London
Bristol-London 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 Bristol-London
- •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
Bristol-London 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.
178 Main Street, 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 $908/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 35 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 Bristol-London
I know Bristol-London 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.