793 Prest Way, Newmarket

Price: $1,260,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13121246

Welcome to 739 Prest! This stunning 4-bedroom, 4-bathroom home offering spacious living, elegant finishes, and an unbeatable location is close to many beautiful km's of trail systems and outdoor amenities. Designed with comfort and functionality in mind, this home features impressive 9-foot ceilings that create a bright and airy atmosphere throughout the main level. The thoughtfully designed layout offers generous living and dining spaces perfect for both everyday living and entertaining.The modern kitchen, with a 36" gas range/cooktop and stainless appliances, flows seamlessly into the family room, backyard and dining room, creating the ideal gathering space for family and guests at any time of the year. Upstairs, you'll find a primary bedroom retreat complete with a private 5-piece ensuite boasting a stand alone tub, oversized glass shower enclosure and double sinks set into a huge vanity, finished off with a walk-in closet with a full closet organizer. The second, expansive bedroom has its own private 4-piece ensuite and double closet. Bedrooms 3 and 4 share a 4-piece ensuite of their own. Laundry is located on the second floor for your convenience. The basement is an unspoiled pallet for your imagination. You'll notice the backyard is fully fenced and gated for your furry friends and the kids to play safely with the play set provided. This is your chance to settle in the quietest and most prestigious part of Woodland Hills, the most coveted area of Newmarket.

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$1,260,000 - 793 Prest Way, Newmarket

Detached for Sale in Newmarket

55 days on market

Neighbourhood: Woodland Hill

4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13121246
Property Type
Detached
Status
active
Days on Site
55
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Welcome to 739 Prest! This stunning 4-bedroom, 4-bathroom home offering spacious living, elegant finishes, and an unbeatable location is close to many beautiful km's of trail systems and outdoor amenities. Designed with comfort and functionality in mind, this home features impressive 9-foot ceilings that create a bright and airy atmosphere throughout the main level. The thoughtfully designed layout offers generous living and dining spaces perfect for both everyday living and entertaining.The modern kitchen, with a 36" gas range/cooktop and stainless appliances, flows seamlessly into the family room, backyard and dining room, creating the ideal gathering space for family and guests at any time of the year. Upstairs, you'll find a primary bedroom retreat complete with a private 5-piece ensuite boasting a stand alone tub, oversized glass shower enclosure and double sinks set into a huge vanity, finished off with a walk-in closet with a full closet organizer. The second, expansive bedroom has its own private 4-piece ensuite and double closet. Bedrooms 3 and 4 share a 4-piece ensuite of their own. Laundry is located on the second floor for your convenience. The basement is an unspoiled pallet for your imagination. You'll notice the backyard is fully fenced and gated for your furry friends and the kids to play safely with the play set provided. This is your chance to settle in the quietest and most prestigious part of Woodland Hills, the most coveted area of Newmarket.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,573.40/mo

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5-yr fixed avg.

Principal: $1,008,000Interest: $664,021
Mortgage Amount$1,008,000
Total Interest$664,021
Est. Property Tax$893/mo
Total Cost$1,672,021

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: Woodland Hill

Discover Woodland Hill

Woodland Hill 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 Woodland Hill

  • 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

Woodland Hill 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

793 Prest Way, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$893
Insurance (est.)-$263
Net Cash Flow+$2,394

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 $504/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 55 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.

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 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 Woodland Hill

I know Woodland Hill 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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    793 Prest Way, Newmarket | $1,260,000 | Battaglia Team