$995,888 - 408 Flanagan Court, Newmarket
Detached for Sale in Newmarket
Neighbourhood: Summerhill Estates
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- MLS Number
- N13789276
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Taxes (2026)
- $5,790
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome to 408 Flanagan Court, a spacious detached home situated on an established residential court in Newmarket's sought-after Summerhill Estates. Offering approximately 1,890 sq. ft. above grade on a 32 x 115 ft lot, this inviting residence features a versatile 3+1-bedroom, 4-bathroom layout designed for comfortable everyday living, entertaining and working from home. The main level features 9 ft ceilings, crown moulding and a bright family room with hardwood flooring, pot lights and a gas fireplace. A separate dining room with a large window provides an inviting setting for special occasions. The spacious eat-in kitchen is equipped with stainless steel appliances, a breakfast bar and stone backsplash, while the adjoining breakfast area offers a walkout to the deck and backyard. Upstairs, the generous primary bedroom includes a walk-in closet and 3-piece ensuite. Two additional well-proportioned bedrooms and a second 3-piece bathroom complete the level. The finished basement adds valuable living space with a recreation room, fourth bedroom, laundry area and 3-piece bathroom. A separate entrance with a convenient walk-up into the garage provides additional flexibility for guests, a home office or extended living arrangements. Other conveniences include a main-floor powder room, central air conditioning, a built-in double garage and parking for up to six vehicles. Summerhill Estates combines a peaceful community setting with convenient access to schools, parks, walking trails, public transit, shopping and recreation. Ray Twinney Recreation Complex, Mulock Park, Upper Canada Mall, Southlake Regional Health Centre, historic Main Street, Riverwalk Commons and Fairy Lake are all within easy reach, along with connections to Yonge Street, Highway 404 or 400 and Newmarket GO. An excellent opportunity for buyers seeking space, versatility and everyday convenience in a well-connected Newmarket neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$5,109.42/mo
Includes CMHC insurance ($27,785)
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 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
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.
408 Flanagan Court, 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
Competitive Pricing
At $664/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 21 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.
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.
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 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.