718 Peter Hall Drive, Newmarket

Price: $1,380,000

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13521674

Stunning newly renovated, trendily designed home in the highly desirable Summerhill Estates community. Built in **2011** with an elegant **stone exterior**, this spacious family home features 4+2 bedrooms and 5 bathrooms, combining modern style with exceptional functionality. The main floor showcases **9-ft smooth ceilings**, hardwood flooring throughout, glass staircase railings, contemporary lighting, and pot lights. The open-concept layout is centered around a gourmet kitchen with granite countertops, a large centre island, and a bright breakfast area overlooking the backyard. The spacious family room with a gas fireplace and the stylish dining area with walk-out to the beautifully landscaped backyard, complete with a deck, privacy fence, gazebo, and shed, create the perfect space for everyday living and entertaining. Upstairs, the luxurious primary suite features a huge walk-in closet and a spa-inspired 5-piece ensuite, while the second bedroom also enjoys its own private 4-piece ensuite. The **newly renovated basement** expands the living space with **two additional rooms, a large recreation/living room, and a modern 3-piece bathroom**, ideal for extended family, guests, a home office, or recreation. Located in a family-friendly neighbourhood, just steps to top-rated schools, green parks, and all the shopping, dining, and amenities along Yonge Street. A rare opportunity to own a move-in-ready home offering space, style, and an unbeatable location.

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New Listing
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$1,380,000 - 718 Peter Hall Drive, Newmarket

Detached for Sale in Newmarket

New — Listed 4 days ago

Neighbourhood: Summerhill Estates

4Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13521674
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Stunning newly renovated, trendily designed home in the highly desirable Summerhill Estates community. Built in **2011** with an elegant **stone exterior**, this spacious family home features 4+2 bedrooms and 5 bathrooms, combining modern style with exceptional functionality. The main floor showcases **9-ft smooth ceilings**, hardwood flooring throughout, glass staircase railings, contemporary lighting, and pot lights. The open-concept layout is centered around a gourmet kitchen with granite countertops, a large centre island, and a bright breakfast area overlooking the backyard. The spacious family room with a gas fireplace and the stylish dining area with walk-out to the beautifully landscaped backyard, complete with a deck, privacy fence, gazebo, and shed, create the perfect space for everyday living and entertaining. Upstairs, the luxurious primary suite features a huge walk-in closet and a spa-inspired 5-piece ensuite, while the second bedroom also enjoys its own private 4-piece ensuite. The **newly renovated basement** expands the living space with **two additional rooms, a large recreation/living room, and a modern 3-piece bathroom**, ideal for extended family, guests, a home office, or recreation. Located in a family-friendly neighbourhood, just steps to top-rated schools, green parks, and all the shopping, dining, and amenities along Yonge Street. A rare opportunity to own a move-in-ready home offering space, style, and an unbeatable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,104.21/mo

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5-yr fixed avg.

Principal: $1,104,000Interest: $727,262
Mortgage Amount$1,104,000
Total Interest$727,262
Est. Property Tax$978/mo
Total Cost$1,831,262

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: Summerhill Estates

Discover Summerhill Estates

Summerhill Estates 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 Summerhill Estates

  • 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

Summerhill Estates 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

718 Peter Hall Drive, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$978
Insurance (est.)-$288
Net Cash Flow+$2,284

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 $552/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 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 Summerhill Estates

I know Summerhill Estates 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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    718 Peter Hall Drive, Newmarket | $1,380,000 | Battaglia Team