$669,900 - 707 Caradonna Crescent, Newmarket
Condo for Sale in Newmarket
94 days on marketNeighbourhood: Armitage
- MLS Number
- N13154310
- Property Type
- Condo
- Status
- active
- Days on Site
- 94
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- North South
- Balcony
- None
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Now offered at an incredible new price, this family-sized 3 bed, 3 bath condo townhome offers excellent value per square foot and features a full 5-piece primary ensuite-a rare find among condo townhomes. This is your chance to own a home in Armitage Village, a sought-after established community, with the convenience of south Newmarket living. Offering 1,648 sq ft of living space, this home features peaceful courtyard views and a layout with room to relax. The highly functional galley kitchen keeps meal prep separate from living and entertaining areas-a huge plus for those who love to host first and do dishes later. The kitchen flows into the dining area and living room overlooking the courtyard-a peaceful backdrop for everyday living and entertaining. The family room with garage entry gives bonus main floor living space. Upstairs, the primary suite features a refreshed 5-piece ensuite, walk-in closet, and a beautiful arched transom window adding natural light and architectural character. Two additional bedrooms and a full 4-piece bath complete the second level. The basement offers potential for storage or future finishing. Updates include direct garage entry, updated windows, furnace (2024), central air conditioning (approx. 2023), and exterior landscaping (2026) including concrete steps, handrails, interlock, paved driveway, sod, and trees. Enjoy carefree condo townhome living with lawn care and snow removal to your front door. Major exterior components such as windows, the roof, and garage doors are replaced through the condo corp as needed, reducing exposure to unexpected expenses. Steps from Yonge St., shopping, Bailey Ecological Park, the Mulock Multi-Use Path, and future Mulock Park. Close to great schools, transit, Hwys 404 and 400, and future Mulock GO Station. The layout is one of the features that truly sets this home apart-something that photos alone can't fully capture. It's a home worth seeing in person.
Estimate your monthly payments for this property
Estimated Payment
$3,436.93/mo
Includes CMHC insurance ($18,690)
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 $419/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.
Negotiation Opportunity
At 94 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 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.