240 Aspenwood Drive, Newmarket

Price: $1,170,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13847144

Welcome to this stunning 4-bedroom detached home in Woodland Hill, offering approximately 2,600 sq. ft. of above-grade living space, plus a walk-out basement, on a beautifully landscaped lot.Perfect for growing families, first-time detached home buyers, or investors, this spacious residence combines comfort, functionality, and convenience. The open-concept main floor features hardwood flooring throughout, generous living and dining areas, and a newly refinished kitchen equipped with brand-new stainless steel appliances, quartz countertops, a stylish backsplash, porcelain flooring, and a walkout to the deck. A spacious family room provides additional living space and separation, featuring a gas fireplace, surround sound system, and beautiful views overlooking the backyard. Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat with a large walk-in closet and 5-piece ensuite featuring double sinks with newly installed quartz countertops. The second bedroom is exceptionally spacious and features its own private balcony, while the third and fourth bedrooms are also generously sized, offering plenty of space for family members, guests, a home office, or flexible living arrangements. The home offers ample parking for family and guests with 6 parking spaces and no sidewalk. Step outside to the expertly landscaped backyard, complete with flower beds and interlock paving, an inviting space to relax, entertain, and enjoy the outdoors. Enjoy peace of mind with major utilities recently updated, including a new A/C (2026), and hot water tank (2026). Ideally located just minutes from Upper Canada Mall, Canadian Tire, Walmart Supercentre, SilverCity Newmarket, parks, trails, schools, transit, and Highway 404. A fantastic opportunity to enjoy space, comfort, modern updates, and family-friendly living in one of Newmarket's desirable communities. Don't miss this one!

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active
New Listing

$1,170,000 - 240 Aspenwood Drive, Newmarket

Detached for Sale in Newmarket

New — Listed 6 days ago

Neighbourhood: Woodland Hill

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
N13847144
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Taxes (2025)
$6,847
Listing Brokerage
EXP REALTY
Description

Welcome to this stunning 4-bedroom detached home in Woodland Hill, offering approximately 2,600 sq. ft. of above-grade living space, plus a walk-out basement, on a beautifully landscaped lot.Perfect for growing families, first-time detached home buyers, or investors, this spacious residence combines comfort, functionality, and convenience. The open-concept main floor features hardwood flooring throughout, generous living and dining areas, and a newly refinished kitchen equipped with brand-new stainless steel appliances, quartz countertops, a stylish backsplash, porcelain flooring, and a walkout to the deck. A spacious family room provides additional living space and separation, featuring a gas fireplace, surround sound system, and beautiful views overlooking the backyard. Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat with a large walk-in closet and 5-piece ensuite featuring double sinks with newly installed quartz countertops. The second bedroom is exceptionally spacious and features its own private balcony, while the third and fourth bedrooms are also generously sized, offering plenty of space for family members, guests, a home office, or flexible living arrangements. The home offers ample parking for family and guests with 6 parking spaces and no sidewalk. Step outside to the expertly landscaped backyard, complete with flower beds and interlock paving, an inviting space to relax, entertain, and enjoy the outdoors. Enjoy peace of mind with major utilities recently updated, including a new A/C (2026), and hot water tank (2026). Ideally located just minutes from Upper Canada Mall, Canadian Tire, Walmart Supercentre, SilverCity Newmarket, parks, trails, schools, transit, and Highway 404. A fantastic opportunity to enjoy space, comfort, modern updates, and family-friendly living in one of Newmarket's desirable communities. Don't miss this one!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,175.30/mo

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5-yr fixed avg.

Principal: $936,000Interest: $616,591
Mortgage Amount$936,000
Total Interest$616,591
Est. Property Tax$829/mo
Total Cost$1,552,591

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

240 Aspenwood Drive, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$829
Insurance (est.)-$244
Net Cash Flow+$2,477

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 $468/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.

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 3 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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    240 Aspenwood Drive, Newmarket | $1,170,000 | Battaglia Team