638 Gagnon Place, Newmarket

Price: $1,520,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13515768

TurnKey Executive home with inground pool and fabulous backyard retreat set on a 55 x 130 ft wide lot in prestigious Wyndham Estates neighbourhood; a short walk to Newmarket High School. This spacious residence offers approx 2,900 sq ft open Floorplan with 5-bedrooms, 4-bathrooms, plus a professionally finished basement; an ideal blend of comfort, functionality, and family lifestyle. Soaring cathedral ceilings in the 2 storey foyer welcome you into beautifully updated interiors featuring modern lighting, upgraded luxury vinyl plank flooring, light oak hardwood & staircase. Gather in the sun-filled eat-in kitchen w white quartz countertops, pantry cabinetry, & breakfast area overlooking the family room w gas fireplace & views of the backyard pool. Combined, functional living & dining rooms offer the perfect setting for quiet nights at home & easy entertaining. A main floor home office provides a perfect work-from-home setup. Double doors lead to the impressive primary retreat w spacious 5 piece ensuite bathroom & Lrg W/I closet. 3 more spacious bedrms & additional 4 piece bathrm complete the second level. The professionally finished basement w 5th bedroom & 3-piece bath adds incredible versatility with space to relax and play. Enjoy Movie nights w friends in the rec room; an exercise room, games room & dedicated hockey practice area the family will love! Walk out to your private south-facing backyard retreat featuring a custom inground pool, stone patio, professionally landscaped gardens, practice putting area & plenty of space for summer gatherings, kids & family fun. Well-Maintained Home w upgraded LVP Flooring, Quartz Kitchen Countertops, Saltwater Swimming Pool '11, Golf Practice Putting area, Potlights & 200 Amp Elec Panel & more! Surrounded by parks, trails, golf, top-ranked schools, GO Transit, T&T Supermarket & everyday convenience. Mins to Hwy 404/400. A rare opportunity to enjoy upscale family living in one of Newmarket's most coveted neighbourhoods!

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active
New Listing
1/50

$1,520,000 - 638 Gagnon Place, Newmarket

Detached for Sale in Newmarket

New — Listed 5 days ago

Neighbourhood: Stonehaven-Wyndham

5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13515768
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
RE/MAX REALTRON TURNKEY REALTY
Description

TurnKey Executive home with inground pool and fabulous backyard retreat set on a 55 x 130 ft wide lot in prestigious Wyndham Estates neighbourhood; a short walk to Newmarket High School. This spacious residence offers approx 2,900 sq ft open Floorplan with 5-bedrooms, 4-bathrooms, plus a professionally finished basement; an ideal blend of comfort, functionality, and family lifestyle. Soaring cathedral ceilings in the 2 storey foyer welcome you into beautifully updated interiors featuring modern lighting, upgraded luxury vinyl plank flooring, light oak hardwood & staircase. Gather in the sun-filled eat-in kitchen w white quartz countertops, pantry cabinetry, & breakfast area overlooking the family room w gas fireplace & views of the backyard pool. Combined, functional living & dining rooms offer the perfect setting for quiet nights at home & easy entertaining. A main floor home office provides a perfect work-from-home setup. Double doors lead to the impressive primary retreat w spacious 5 piece ensuite bathroom & Lrg W/I closet. 3 more spacious bedrms & additional 4 piece bathrm complete the second level. The professionally finished basement w 5th bedroom & 3-piece bath adds incredible versatility with space to relax and play. Enjoy Movie nights w friends in the rec room; an exercise room, games room & dedicated hockey practice area the family will love! Walk out to your private south-facing backyard retreat featuring a custom inground pool, stone patio, professionally landscaped gardens, practice putting area & plenty of space for summer gatherings, kids & family fun. Well-Maintained Home w upgraded LVP Flooring, Quartz Kitchen Countertops, Saltwater Swimming Pool '11, Golf Practice Putting area, Potlights & 200 Amp Elec Panel & more! Surrounded by parks, trails, golf, top-ranked schools, GO Transit, T&T Supermarket & everyday convenience. Mins to Hwy 404/400. A rare opportunity to enjoy upscale family living in one of Newmarket's most coveted neighbourhoods!

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Estimated Payment

$6,723.47/mo

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5-yr fixed avg.

Principal: $1,216,000Interest: $801,042
Mortgage Amount$1,216,000
Total Interest$801,042
Est. Property Tax$1,077/mo
Total Cost$2,017,042

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: Stonehaven-Wyndham

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

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

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.

70
Walk Score
Varies
Price Range

638 Gagnon Place, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,077
Insurance (est.)-$317
Net Cash Flow+$2,556

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 $608/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.

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.

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    638 Gagnon Place, Newmarket | $1,520,000 | Battaglia Team