$999,000 - 551 Pelletier Court, Newmarket
Detached for Sale in Newmarket
Popular ListingNeighbourhood: Stonehaven-Wyndham
- MLS Number
- N13502732
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Welcome To This Beautifully Appointed 4 + 1-Bedroom, 4-Bathroom Detached Home In One Of Newmarket's Most Sought-After Family Neighbourhoods, Stonehaven-Wyndham. Set On A Quiet Crescent Surrounded By Executive Homes, Parks, And Mature Trees, This Property Offers Comfortable Family Living And Exceptional Income Potential.The Standout Feature Of This Home Is Its Fully Finished Basement Apartment Suite, Complete With Its Own Full Kitchen And A Separate Side Door Entrance For Total Privacy. Currently Generating $1,500/Month In Rental Income From Easygoing Month-To-Month Tenants, This Space Is Perfect For Multi-Generational Living, An In-Law Suite, Or Continued Rental Income - The Choice Is Yours, As Tenants Are Flexible To Stay Or Go.Upstairs, The Main Living Areas Offer Generous, Sun-Filled Principal Rooms Ideal For Entertaining And Everyday Family Life, With Four Well-Proportioned Bedrooms And Four Bathrooms. A Convenient Interior Garage Entrance Means You Can Come And Go Year-Round Without Ever Stepping Outside.Families Will Appreciate The Location Within Walking Distance Of Stonehaven Elementary School, Part Of The Highly Regarded York Region District School Board. Older Students Are Well Served By Newmarket High School, One Of The Top-Ranked Secondary Schools In York Region.For Recreation, The Magna Centre Is Just Minutes Away, Offering An Olympic-Sized Rink, NHL-Sized Ice Pads, A Community Pool, And A Walking Track. Nature Lovers Will Love The Nearby Trails, Frank Stronach Park, And The Conservation Lands Bordering The Neighbourhood.Everyday Conveniences Are Close At Hand Too, With T&T Supermarket, Nature's Emporium, And Shops Near Bayview Avenue And St. John's Sideroad. Upper Canada Mall Is A Short Drive Away, Along With Southlake Regional Health Centre And Quick Access To Highway 404.A Rare Opportunity To Own A Move-In Ready Home With Built-In Income Potential In One Of Newmarket's Premier Family Communities. Book Your Private Showing Today!
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Stonehaven-Wyndham
Stonehaven-Wyndham 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 Stonehaven-Wyndham
- •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
Stonehaven-Wyndham 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.
551 Pelletier 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 $666/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.
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 Stonehaven-Wyndham
I know Stonehaven-Wyndham 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.