$1,799,000 - 590 Gagnon Place, Newmarket
Detached for Sale in Newmarket
New — Listed 5 days agoNeighbourhood: Stonehaven-Wyndham
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- MLS Number
- N13855918
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Newmarket
- Taxes (2026)
- $8,667
- Listing Brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
NEARLY 4,200 FINISHED SQ. FT. IN STONEHAVEN WITH A CHEF'S KITCHEN, 5 BEDROOMS & A PRIVATE 123 FT DEEP LOT! From the moment you enter, this home feels elevated in every sense, with soaring ceilings rising above a sweeping curved staircase, polished tile underfoot and rich hardwood carrying through beautifully proportioned principal rooms. Crown moulding, expansive windows and French doors into the dining room add architectural detail, while formal living and dining spaces feel made for candlelit dinners and special occasions. The magazine-worthy chef's kitchen pairs extensive white shaker cabinetry and quartz countertops with a statement range hood, high-end stainless steel appliances and an oversized contrasting island. It opens to the family room with custom built-ins and a gas fireplace, while sliding doors frame the landscaped backyard. A private main-floor office, well-appointed laundry room with garage access and powder room complete the level. The recently updated primary retreat feels more like a private wing, with custom built-in storage, an oversized walk-in closet and a renovated 5-piece ensuite with a freestanding tub, glass shower and double vanity. Three additional bedrooms and another full bath complete the second floor, while the finished basement adds a fifth bedroom, recreation room, extensive storage, bathroom rough-in and pre-wiring for speakers. The fully fenced backyard is framed by mature trees and established gardens, with a multi-level deck for outdoor dining. Notable updates and features include updated windows, newer air conditioning, a high-efficiency furnace, 200-amp service, central vac, an owned hot water tank and a water softener, all contributing to the quality that makes Stonehaven such a coveted Newmarket address.
Estimate your monthly payments for this property
Estimated Payment
$7,957.58/mo
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.
590 Gagnon Place, 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 $600/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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 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.