$849,900 - 233 Thoms Crescent, Newmarket
Detached for Sale in Newmarket
Neighbourhood: Central Newmarket
- MLS Number
- N13645958
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- MAIN STREET REALTY LTD.
Welcome to this well-maintained 4-bedroom, 2-bathroom detached home, ideally located in a sought-after family-friendly neighbourhood. This home features newer carpeting on the upper level, a recently replaced furnace, and a brand-new roof installed August 2024, complete with new eavestroughs, soffits, fascia, and downspouts for added peace of mind. Step outside to enjoy the beautiful, private backyard surrounded by mature trees and landscaping, offering full-day sunshine and the perfect setting for outdoor dining, entertaining, or simply unwinding on the patio.The finished basement offers additional living space with a spacious family room centred around a cozy wood-burning fireplace, perfect for movie nights ,entertaining, or relaxing with family. Conveniently located close to schools, parks, public transit, shopping, and all essential amenities, this move-in-ready home offers comfort, functionality, and an exceptional location for growing families. New Furnace installed October 2021. Legal Description:PCL 84-2 SEC M1446; PT LT 84 PL M1446 LYING TO THE W OF THE ELY 35 FEET IN PERPENDICULAR WIDTH THROUGHOUT FROM FRONT TO REAR OF LT 84; T/W ROW FOR ALL THOSE NOW AND HEREAFTER ENTITLED THERETO OVER THAT PT OF SAID LT 84 ON SAID PL M1446 DESIGNATED AS PT 222 ON PL 66R6035; T/W ROW FOR ALL THOSE NOW AND HEREAFTER ENTITLED THERETO OVER THAT PT OF LT 85 ON SAID PL M1446 DESIGNATED AS PT 225 ON PL 66R6035; S/T ROW IN FAVOUR OF THE OWNERS AND OCCUPANTS FROM TIME TO TIME OF THE ELY 35 FEET IN PERPENDICULAR WIDTH THROUGHOUT FROM FRONT TO REAR OF SAID LT 84 OVER PT 223 ON SAID PL 66R6035; S/T ROW IN FAVOUR OF THE OWNERS AND OCCUPANTS FROM TIME TO TIME OF THE ELY 35 FEET IN PERPENDICULAR WIDTH THROUGHOUT FROM FRONT TO REAR OF SAID LT 85 OVER PT 224 ON SAID PL 66R6035 ; NEWMARKET
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
233 Thoms Crescent, 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
Competitive Pricing
At $773/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.
Market Position
At 18 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.
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.
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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.