359 Fairway Gardens, Newmarket

Price: $1,389,000

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13501680

Exceptional executive home in the highly sought-after Glenway Estates community! Offering over 2,800 sq. ft. above grade (as per MPAC), plus a professionally finished basement with two additional bedrooms. The main floor features a sunken living room with soaring vaulted ceilings, a renovated kitchen with breakfast area overlooking the private backyard, a spacious family room, formal dining room, and convenient main-floor laundry with a side entrance from the direct garage access. Set on a premium pie-shaped 52' x 145' lot that widens to over 91 feet across the rear which provides an exceptionally private newly landscaped backyard complete with a playground and freshly painted pergola and endless potential to create your own outdoor oasis. The second floor features three generous bedrooms plus a dedicated office off the primary suite, overlooking the backyard. Numerous updates over the years include the kitchen, hardwood flooring, powder room, primary ensuite, backyard landscaping, and more. Ideally located on a quiet street, just minutes to Upper Canada Mall, top-rated schools, parks, transit, Southlake Regional Health Centre, Highway 404, and all major amenities. Beautifully maintained and move-in ready, this home truly reflects pride of ownership throughout.

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New Listing
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$1,389,000 - 359 Fairway Gardens, Newmarket

Detached for Sale in Newmarket

New — Listed 6 days ago

Neighbourhood: Glenway Estates

6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13501680
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX ELITE REAL ESTATE
Description

Exceptional executive home in the highly sought-after Glenway Estates community! Offering over 2,800 sq. ft. above grade (as per MPAC), plus a professionally finished basement with two additional bedrooms. The main floor features a sunken living room with soaring vaulted ceilings, a renovated kitchen with breakfast area overlooking the private backyard, a spacious family room, formal dining room, and convenient main-floor laundry with a side entrance from the direct garage access. Set on a premium pie-shaped 52' x 145' lot that widens to over 91 feet across the rear which provides an exceptionally private newly landscaped backyard complete with a playground and freshly painted pergola and endless potential to create your own outdoor oasis. The second floor features three generous bedrooms plus a dedicated office off the primary suite, overlooking the backyard. Numerous updates over the years include the kitchen, hardwood flooring, powder room, primary ensuite, backyard landscaping, and more. Ideally located on a quiet street, just minutes to Upper Canada Mall, top-rated schools, parks, transit, Southlake Regional Health Centre, Highway 404, and all major amenities. Beautifully maintained and move-in ready, this home truly reflects pride of ownership throughout.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,144.02/mo

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5-yr fixed avg.

Principal: $1,111,200Interest: $732,005
Mortgage Amount$1,111,200
Total Interest$732,005
Est. Property Tax$984/mo
Total Cost$1,843,205

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: Glenway Estates

Discover Glenway Estates

Glenway 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 Glenway 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

Glenway 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

359 Fairway Gardens, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$984
Insurance (est.)-$289
Net Cash Flow+$3,077

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 $556/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 6 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 Glenway Estates

I know Glenway 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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    359 Fairway Gardens, Newmarket | $1,389,000 | Battaglia Team