$599,000 - 707 Caradonna Crescent, Newmarket
Condo for Sale in Newmarket
Popular ListingNeighbourhood: Armitage
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- MLS Number
- N14028416
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Newmarket
- Taxes (2025)
- $3,486
- Maintenance Fees
- $712/mo
- Locker
- None
- Exposure
- North South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Space, comfort and easy everyday living come together at 707 Caradonna Crescent in Newmarket's established Armitage Village neighbourhood. With 1,648 square feet, three bedrooms and three bathrooms, this condo townhome offers a generous layout and incredible value. The kitchen connects to the dining and living areas, where views of the quiet courtyard create a relaxing setting for meals, conversation and downtime. A separate main-floor family room adds flexibility for a TV room, home office or additional gathering space, with convenient access to the garage. Upstairs, the primary bedroom offers a walk-in closet and an updated five-piece ensuite, a standout feature in a condo townhome. Two more bedrooms and a four-piece bathroom provide space for family, guests or working from home. The unfinished basement adds useful storage and opportunities to expand the living space. Improvements include updated windows, a furnace installed in 2024 and central air conditioning replaced around 2023. Exterior work completed in 2026 includes concrete steps, handrails, interlock, driveway paving, fresh sod and trees. Condo services include lawn maintenance and snow clearing right to the entrance, while the corporation manages replacement of major exterior elements, including windows, roofing and garage doors, as required. With Yonge Street shopping, the Nokiidaa Trail and Bailey Ecological Park, Mulock Park nearby, plus convenient access to schools and transit, this location makes it easy to enjoy south Newmarket. Come explore the layout in person and discover how well this home could fit your next chapter.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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 Armitage
Armitage 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 Armitage
- •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
Armitage 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.
707 Caradonna Crescent, 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 $374/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.
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. The $712/month fees should cover building insurance, common elements, and reserve contributions.
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 Armitage
I know Armitage 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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.