332 Laplante Street, Newmarket

Price: $989,999

4 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13802162

Welcome to 332 Laplante St, a move-in ready, turnkey 3-storey townhome ideally situated in the highly sought-after Summerhill Estates community of Newmarket. This spacious 3-bedroom, 5-bathroom home offers a bright and thoughtfully designed layout with upgraded flooring throughout and a beautifully finished basement, completed in 2021, providing additional space for a recreation room, home office, gym, or entertainment area. The main floor features a versatile flex/living space with a convenient powder room and access to the backyard, creating the perfect setting for entertaining or relaxing. The second floor showcases a chef-inspired kitchen with stainless steel appliances, ample cabinetry, and a functional layout, along with a second powder room. The spacious living area includes a flexible room that can easily be used as a home office, den, or additional living space. The third floor offers three generously sized bedrooms, including a comfortable primary retreat, along with two additional bathrooms for everyday convenience. Step outside and enjoy the rare and highly desirable backyard setting, backing onto a scenic walking trail, lush forested area, and community amenities including a tennis court and community centre. With no homes directly behind, the backyard provides a wonderful sense of privacy and a peaceful outdoor setting for morning coffee, entertaining, or unwinding at the end of the day. Ideally located close to schools, parks, shopping, dining, transit, and major highways, this home truly offers the perfect blend of comfort, convenience, and lifestyle. Simply unpack, settle in, and enjoy-this turnkey home is ready to welcome you!

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$989,999 - 332 Laplante Street, Newmarket

Townhouse for Sale in Newmarket

Neighbourhood: Summerhill Estates

4Beds
5Baths
1,500 - 1,999Sq Ft
Townhouse

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Property Details
MLS Number
N13802162
Property Type
Townhouse
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Taxes (2026)
$5,478
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to 332 Laplante St, a move-in ready, turnkey 3-storey townhome ideally situated in the highly sought-after Summerhill Estates community of Newmarket. This spacious 3-bedroom, 5-bathroom home offers a bright and thoughtfully designed layout with upgraded flooring throughout and a beautifully finished basement, completed in 2021, providing additional space for a recreation room, home office, gym, or entertainment area. The main floor features a versatile flex/living space with a convenient powder room and access to the backyard, creating the perfect setting for entertaining or relaxing. The second floor showcases a chef-inspired kitchen with stainless steel appliances, ample cabinetry, and a functional layout, along with a second powder room. The spacious living area includes a flexible room that can easily be used as a home office, den, or additional living space. The third floor offers three generously sized bedrooms, including a comfortable primary retreat, along with two additional bathrooms for everyday convenience. Step outside and enjoy the rare and highly desirable backyard setting, backing onto a scenic walking trail, lush forested area, and community amenities including a tennis court and community centre. With no homes directly behind, the backyard provides a wonderful sense of privacy and a peaceful outdoor setting for morning coffee, entertaining, or unwinding at the end of the day. Ideally located close to schools, parks, shopping, dining, transit, and major highways, this home truly offers the perfect blend of comfort, convenience, and lifestyle. Simply unpack, settle in, and enjoy-this turnkey home is ready to welcome you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,079.21/mo

Includes CMHC insurance ($27,621)

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5-yr fixed avg.

Principal: $890,999Interest: $605,142
Mortgage Amount$918,620
Total Interest$605,142
Est. Property Tax$701/mo
Total Cost$1,523,762

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

332 Laplante Street, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$2,173

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 $660/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 19 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.

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 5 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 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.

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    332 Laplante Street, Newmarket | $989,999 | Battaglia Team