399 Flanagan Court, Newmarket

Price: $999,990

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13689940

Well kept 4+1 Bdrm Home In great Summerhill Estates area in Newmarket. Professionally Finished Bsmt with Bathroom. Separate Family Rm, Dining Rm, Huge deck and Sunroom, Near Schools, Parks and shopping. Nice neighborhood, double long Driveway with No Sidewalk - Parking for 6 Cars, Large Front Porch * Fully Fenced Backyard, Cozy Fireplace & lots of Windows on Main Floor , Upgraded Kitchen, Ample Storage cabenets in KitchenBright &Functional Layout * Spacious Primary Bedroom with Walk-In Closet & 4-Piece Ensuite * Fully Finished Basement with 3 PC washroom and Open-Concept Layout, Large Recreation Area, Walking Distance to Yonge Street * Steps to Schools, Parks & Trails * Minutes to VIVA, GO Train station, Upper Canada Mall, Costco, Restaurants & Major Highways *Must See !

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New Listing
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$999,990 - 399 Flanagan Court, Newmarket

Detached for Sale in Newmarket

New — Listed 5 days ago

Neighbourhood: Summerhill Estates

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13689940
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
AIMHOME REALTY INC.
Description

Well kept 4+1 Bdrm Home In great Summerhill Estates area in Newmarket. Professionally Finished Bsmt with Bathroom. Separate Family Rm, Dining Rm, Huge deck and Sunroom, Near Schools, Parks and shopping. Nice neighborhood, double long Driveway with No Sidewalk - Parking for 6 Cars, Large Front Porch * Fully Fenced Backyard, Cozy Fireplace & lots of Windows on Main Floor , Upgraded Kitchen, Ample Storage cabenets in KitchenBright &Functional Layout * Spacious Primary Bedroom with Walk-In Closet & 4-Piece Ensuite * Fully Finished Basement with 3 PC washroom and Open-Concept Layout, Large Recreation Area, Walking Distance to Yonge Street * Steps to Schools, Parks & Trails * Minutes to VIVA, GO Train station, Upper Canada Mall, Costco, Restaurants & Major Highways *Must See !

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.47/mo

Includes CMHC insurance ($27,900)

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5-yr fixed avg.

Principal: $899,991Interest: $611,249
Mortgage Amount$927,891
Total Interest$611,249
Est. Property Tax$708/mo
Total Cost$1,539,140

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

399 Flanagan Court, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,784

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 $500/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 5 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 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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    399 Flanagan Court, Newmarket | $999,990 | Battaglia Team