574 Sweetwater Crescent, Newmarket

Price: $1,189,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13795100

Welcome to this spacious bungalow in the sought-after Vales of Glenway community of Newmarket, offering over 3,000 sq. ft. of finished living space with 3+2 bedrooms and 4 bathrooms. The bright main level features hardwood flooring throughout, an inviting living room with gas fireplace and a rare layout with two primary bedrooms, each with its own private ensuite. The kitchen features stainless steel appliances, ample cabinetry and a bright breakfast area with walkout to the deck overlooking a beautifully maintained backyard with lush green grass, perfect for outdoor dining, entertaining or relaxing. The finished lower level adds exceptional versatility with a separate entrance, 2 bedrooms, kitchen, living area, bathroom and separate laundry, offering excellent potential for extended family, multi-generational living or additional rental income. Freshly painted and move-in ready. Ideally located minutes from Upper Canada Mall, Southlake Regional Health Centre, GO Bus Terminal, shopping, restaurants, parks, public transit and easy access to Hwys 400 & 404. A rare opportunity for downsizers, families or first-time buyers looking for bungalow living, generous space and the added benefit of income potential.

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active

$1,189,000 - 574 Sweetwater Crescent, Newmarket

Detached for Sale in Newmarket

Neighbourhood: Glenway Estates

5Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13795100
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Taxes (2025)
$5,867
Listing Brokerage
EXP REALTY
Description

Welcome to this spacious bungalow in the sought-after Vales of Glenway community of Newmarket, offering over 3,000 sq. ft. of finished living space with 3+2 bedrooms and 4 bathrooms. The bright main level features hardwood flooring throughout, an inviting living room with gas fireplace and a rare layout with two primary bedrooms, each with its own private ensuite. The kitchen features stainless steel appliances, ample cabinetry and a bright breakfast area with walkout to the deck overlooking a beautifully maintained backyard with lush green grass, perfect for outdoor dining, entertaining or relaxing. The finished lower level adds exceptional versatility with a separate entrance, 2 bedrooms, kitchen, living area, bathroom and separate laundry, offering excellent potential for extended family, multi-generational living or additional rental income. Freshly painted and move-in ready. Ideally located minutes from Upper Canada Mall, Southlake Regional Health Centre, GO Bus Terminal, shopping, restaurants, parks, public transit and easy access to Hwys 400 & 404. A rare opportunity for downsizers, families or first-time buyers looking for bungalow living, generous space and the added benefit of income potential.

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Estimate your monthly payments for this property

Estimated Payment

$5,259.35/mo

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5-yr fixed avg.

Principal: $951,200Interest: $626,604
Mortgage Amount$951,200
Total Interest$626,604
Est. Property Tax$842/mo
Total Cost$1,577,804

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

574 Sweetwater Crescent, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,510

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 $793/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 20 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.

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 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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    574 Sweetwater Crescent, Newmarket | $1,189,000 | Battaglia Team