196 Wainscot Avenue, Newmarket

Price: $1,350,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13859146

THE BACKYARD RETREAT: Imagine stepping out into your own private summer sanctuary in sought-after Woodland Hill. Where in-ground pools are rare, this fully landscaped oasis is built for unwinding and gathering-featuring a tranquil waterfall and an entertainer's cabana with an upper sundeck overlooking the water. While neighbours plan weekend getaways, your family is already poolside. EFFORTLESS ENTERTAINING: This 5-bedroom home is designed for large gatherings; the main level features a grand open-concept living and dining space spanning over 25 feet, allowing you to extend seating for holiday dinners easily. The bright kitchen flows to a casual breakfast area with a walk-out to the upper BBQ deck, while a generous family room offers a comfortable everyday retreat. MULTIGENERATIONAL HARMONY: Built for growing families, multi-generational households, the perfect in-law suite, or for future income potential. This home delivers exceptional flexibility. Upstairs, the spacious primary suite offers a walk-in closet, private 4-pc ensuite. A double-car garage with direct interior access, generous bedrooms, a large cold cellar/cantina, and ample storage keep daily routines effortless. The fully finished lower level features its own separate entrance, full kitchen, bedroom, and 3-piece bath, offering genuine independence and privacy under one roof. RARE VALUE & TIMELESS FOOTPRINT: With substantial detached pool properties in the area commanding upward values in the neighborhood, this offering provides a solid architectural footprint and irreplaceable outdoor infrastructure at an accessible tier. Enjoy the poolside lifestyle immediately, with the rare upside to tailor interior aesthetics to your exact personal taste over time. THE NEIGHBOURHOOD: Perfectly situated in family-friendly Woodland Hill, steps to scenic parks and trails, acclaimed French Immersion and Catholic schools, Upper Canada Mall, dining, and effortless commuter routes, close to hospital, Rec Centers & more!

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active
New Listing

$1,350,000 - 196 Wainscot Avenue, Newmarket

Detached for Sale in Newmarket

New — Listed 4 days ago

Neighbourhood: Woodland Hill

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

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Property Details
MLS Number
N13859146
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Taxes (2026)
$7,095
Listing Brokerage
MAIN STREET REALTY LTD.
Description

THE BACKYARD RETREAT: Imagine stepping out into your own private summer sanctuary in sought-after Woodland Hill. Where in-ground pools are rare, this fully landscaped oasis is built for unwinding and gathering-featuring a tranquil waterfall and an entertainer's cabana with an upper sundeck overlooking the water. While neighbours plan weekend getaways, your family is already poolside. EFFORTLESS ENTERTAINING: This 5-bedroom home is designed for large gatherings; the main level features a grand open-concept living and dining space spanning over 25 feet, allowing you to extend seating for holiday dinners easily. The bright kitchen flows to a casual breakfast area with a walk-out to the upper BBQ deck, while a generous family room offers a comfortable everyday retreat. MULTIGENERATIONAL HARMONY: Built for growing families, multi-generational households, the perfect in-law suite, or for future income potential. This home delivers exceptional flexibility. Upstairs, the spacious primary suite offers a walk-in closet, private 4-pc ensuite. A double-car garage with direct interior access, generous bedrooms, a large cold cellar/cantina, and ample storage keep daily routines effortless. The fully finished lower level features its own separate entrance, full kitchen, bedroom, and 3-piece bath, offering genuine independence and privacy under one roof. RARE VALUE & TIMELESS FOOTPRINT: With substantial detached pool properties in the area commanding upward values in the neighborhood, this offering provides a solid architectural footprint and irreplaceable outdoor infrastructure at an accessible tier. Enjoy the poolside lifestyle immediately, with the rare upside to tailor interior aesthetics to your exact personal taste over time. THE NEIGHBOURHOOD: Perfectly situated in family-friendly Woodland Hill, steps to scenic parks and trails, acclaimed French Immersion and Catholic schools, Upper Canada Mall, dining, and effortless commuter routes, close to hospital, Rec Centers & more!

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Estimated Payment

$5,971.51/mo

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5-yr fixed avg.

Principal: $1,080,000Interest: $711,452
Mortgage Amount$1,080,000
Total Interest$711,452
Est. Property Tax$956/mo
Total Cost$1,791,452

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: Woodland Hill

Discover Woodland Hill

Woodland Hill 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 Woodland Hill

  • •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

Woodland Hill 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

196 Wainscot Avenue, 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)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,713

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 $540/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 Woodland Hill

I know Woodland Hill 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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    196 Wainscot Avenue, Newmarket | $1,350,000 | Battaglia Team