302 Maciver Boulevard, Newmarket

Price: $669,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N13469762

Beautifully Updated & Move-In Ready! This immaculate 3-bedroom, 2-bathroom townhouse offers exceptional value and a family-friendly location. Featuring a stunning new kitchen with quartz countertops, modern cabinetry, and updated finishes, this home is sure to impress. Enjoy a bright and functional layout, spacious bedrooms, and a finished basement with a 3-piece washroom, perfect for a recreation room, home office, or guest space.Step outside to your private backyard backing onto a charming park, where you can watch your children play from your own patio. With low maintenance fees, pride of ownership throughout, and a spotless interior, this home is truly move-in ready.Conveniently located close to schools, parks, recreation centres, shopping, Upper Canada Mall, restaurants, and GO Transit, offering easy access to all amenities and commuter routes.A perfect opportunity for families, first-time buyers, or investors alike! New Roof (2023) & Windows (2024) 5 min to Jokers Hill trail!

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$669,000 - 302 Maciver Boulevard, Newmarket

Condo for Sale in Newmarket

Neighbourhood: Summerhill Estates

3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N13469762
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
FINE HOMES REALESTATE INC.
Description

Beautifully Updated & Move-In Ready! This immaculate 3-bedroom, 2-bathroom townhouse offers exceptional value and a family-friendly location. Featuring a stunning new kitchen with quartz countertops, modern cabinetry, and updated finishes, this home is sure to impress. Enjoy a bright and functional layout, spacious bedrooms, and a finished basement with a 3-piece washroom, perfect for a recreation room, home office, or guest space.Step outside to your private backyard backing onto a charming park, where you can watch your children play from your own patio. With low maintenance fees, pride of ownership throughout, and a spotless interior, this home is truly move-in ready.Conveniently located close to schools, parks, recreation centres, shopping, Upper Canada Mall, restaurants, and GO Transit, offering easy access to all amenities and commuter routes.A perfect opportunity for families, first-time buyers, or investors alike! New Roof (2023) & Windows (2024) 5 min to Jokers Hill trail!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,432.32/mo

Includes CMHC insurance ($18,665)

$
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5%10%50%

5-yr fixed avg.

Principal: $602,100Interest: $408,930
Mortgage Amount$620,765
Total Interest$408,930
Est. Property Tax$474/mo
Total Cost$1,029,695

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

302 Maciver Boulevard, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$474
Insurance (est.)-$139
Net Cash Flow+$1,527

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 $558/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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.

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.

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 $2,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    302 Maciver Boulevard, Newmarket | $669,000 | Battaglia Team