$749,000 - 742 Shanahan Boulevard, Newmarket
Townhouse for Sale in Newmarket
New — Listed 2 days agoNeighbourhood: Armitage
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- MLS Number
- N13860790
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Taxes (2026)
- $4,274
- Listing Brokerage
- Century 21 Granite Realty Group Inc.
An excellent opportunity to own a spacious, light-filled townhouse in a quiet, sought-after Newmarket neighbourhood! Offering a functional layout with plenty of room for the whole family, this home features an open-concept living and dining area, a generous eat-in kitchen with a walkout to a private backyard overlooking peaceful greenspace, and a convenient 2-piece powder room. Upstairs, the spacious primary bedroom features two closets and a 4-piece ensuite, complemented by two additional bedrooms, a 4-piece family bathroom and a bright, inviting family room with a charming gas fireplace, creating the perfect space to unwind. The unfinished lower level boasts impressive ceiling height and offers endless possibilities to customize to your needs, whether as a recreation room, home gym or additional living space. Complete with a covered front entry and attached single-car garage, plus key updates including a reshingled roof (2025), upgraded windows and a replaced garage door. Enjoy an unbeatable location just steps to Yonge Street shopping, restaurants, parks, VIVA and GO transit, and excellent schools. An affordable opportunity to get into a desirable neighbourhood, offering comfort today and plenty of potential for tomorrow. Move in, make it your own and enjoy all that Newmarket has to offer!
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
742 Shanahan Boulevard, 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 $681/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.
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.