59 Charles Street Unit 8, Newmarket

Price: $796,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13524346

Welcome To 11 On Charles! Stunning Boutique Townhomes In The Heart Of Newmarket! This Bright, Open-Concept 1,535 Sq. Ft. Unit Offers 3 Bedrooms, 3 Bathrooms, And Is Filled With Natural Light And Luxurious Upgrades Throughout. Designed With High-End Finishes And Unparalleled Craftsmanship, The Home Features 9' Smooth Ceilings, White Oak 6" Engineered Hardwood, 8.5" Baseboards, 4" Casings, A Statement Oak Staircase With Glass Railings, And An Electric Fireplace. The Chef-Inspired Kitchen Boasts Extended Upper Cabinets, Valance Lighting, Granite Counters, And A Spacious Waterfall Island, Perfect For Entertaining. Ideally Located Directly Across From Southlake Regional Health Centre And Just A Short Walk To Historic Main Street, Fairy Lake, Trails, Parks, Cafes, Patios, And Local Shops. Minutes To GO Transit, Hwy 404/400. Whether You're Working Remotely, Entertaining, Or Exploring The City, This Home Offers The Perfect Balance Of Style, Comfort, And Walkable Convenience. Up to $114,000 in HST Rebate available to the Buyer. Low Maintenance fees of $421/month covering Insurance, parking and common elements. Seller's Bonus: 12-months Maintenance fees included with purchase!

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New Listing
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$796,000 - 59 Charles Street Unit 8, Newmarket

Condo for Sale in Newmarket

New — Listed 2 days ago

Neighbourhood: Central Newmarket

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13524346
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Newmarket
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
YORK NATIONAL REALTY INC.
Description

Welcome To 11 On Charles! Stunning Boutique Townhomes In The Heart Of Newmarket! This Bright, Open-Concept 1,535 Sq. Ft. Unit Offers 3 Bedrooms, 3 Bathrooms, And Is Filled With Natural Light And Luxurious Upgrades Throughout. Designed With High-End Finishes And Unparalleled Craftsmanship, The Home Features 9' Smooth Ceilings, White Oak 6" Engineered Hardwood, 8.5" Baseboards, 4" Casings, A Statement Oak Staircase With Glass Railings, And An Electric Fireplace. The Chef-Inspired Kitchen Boasts Extended Upper Cabinets, Valance Lighting, Granite Counters, And A Spacious Waterfall Island, Perfect For Entertaining. Ideally Located Directly Across From Southlake Regional Health Centre And Just A Short Walk To Historic Main Street, Fairy Lake, Trails, Parks, Cafes, Patios, And Local Shops. Minutes To GO Transit, Hwy 404/400. Whether You're Working Remotely, Entertaining, Or Exploring The City, This Home Offers The Perfect Balance Of Style, Comfort, And Walkable Convenience. Up to $114,000 in HST Rebate available to the Buyer. Low Maintenance fees of $421/month covering Insurance, parking and common elements. Seller's Bonus: 12-months Maintenance fees included with purchase!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,083.89/mo

Includes CMHC insurance ($22,208)

$
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5%10%50%

5-yr fixed avg.

Principal: $716,400Interest: $486,559
Mortgage Amount$738,608
Total Interest$486,559
Est. Property Tax$564/mo
Total Cost$1,225,168

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: Central Newmarket

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

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

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.

70
Walk Score
Varies
Price Range

59 Charles Street Unit 8, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$564
Insurance (est.)-$166
Net Cash Flow+$1,440

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 $569/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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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 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.

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    59 Charles Street Unit 8, Newmarket | $796,000 | Battaglia Team