$1,150,000 - 388 Eagle Street, Newmarket
Detached for Sale in Newmarket
Popular ListingNeighbourhood: Central Newmarket
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- MLS Number
- N13831652
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Newmarket
- Taxes (2026)
- $5,269
- Listing Brokerage
- RE/MAX Jazz INC.
Rarely Offered Premium 80' X 140' In town Lot, Detached Home Located In Heart Of Central Newmarket. This Spacious Detached Bungalow Is Steps Away From Downtown/Fairy Lake And Sits On A Generous Sized Lot! Has Been Designed For Multiple Legal Units With A Separate Basement Entrance! Beautiful Engineered Hardwood Plank Floors Throughout Main Level. Custom Kitchen With Quartz Counters And Backsplash plus a Undermount Farmers Sink. Fantastic Primary Bedroom Ensuite With Stand Up Shower. South View Dining Rm Lookout To Huge Backyard. 2+2 Great Size Bdrm, 2 Full Bthrm, 1+1 Kitchens W/ Large Window, Quartz Counter Tops & Backsplash.. Lower Level Features An Apartment With Separate Entrance! With An Oversized Lower Primary Room and a Custom Ensuite Bath With Heated Floors And Bright Above Grade Windows! Outstanding Builders Lot With 80' Frontage, Dream Lot With Incredible Future Development Potential. Wrap Around Rear Deck Provides Privacy To Overlook The Beautiful Backyard With Mature Trees. Single Car Grg+4-Car Driveway. Huge Backyard. Perfect For In-Law Suite, Additional Rental Income Or Development. A Quick Walk Takes You Downtown To Enjoy The Shops And Restaurants. Close Proximity To Many Walking And Or Bike Trails Around Nearby Fairy Lake. Close to Main Street Shopping & Restaurants, Go Train Station & Public Transit, Gorman Pool, Fairy Lake Park & other great amenities/services, Downtown Newmarket is an idyllic location for those with an active lifestyle to call home. Located Just Steps From Historic Main Street Newmarket, Hospitals, Top-Rated Schools, Southlake Regional Health Centre, Upper Canada Mall, & Major Highways (404 & 400). Combines Walkability, Transit Convenience, And Long-Term Growth Potential. Whether You Enjoy Playing Golf, Shopping, or Visiting Local Restaurants, There's Something To Find For Everyone. Investment Property Situated In The Much Sought-After Heart Of Newmarket.
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Estimated Payment
$5,086.84/mo
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.
388 Eagle Street, 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
Premium Pricing
At $1643/sqft, this property is priced above the Newmarket average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.