374 Rita's Avenue, Newmarket, ON

$1,399,900
MLS#:N12026112
4 beds
3 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Summerhill Estates. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,399,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 30.18 x 120.05 ft lot size
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: ERV/HRV
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

For more info on this property, please click the Brochure button. New build by a park! 2,005 sq ft, 4 Bedroom, 2.5 bath, move-in ready home being offered directly by New Era Homes with Tarion New Home Warranty. Located in highly sought after Summerhill community and close to schools, parks, shopping, and transit. Walking distance to future Town Central Park at Yonge & Mulock. Park 2 cars in the driveway. Home has a look-out basement with larger rear windows. Open concept main floor with 9' high, smooth ceilings, pot lights, hardwood and tile flooring. Kitchen has quartz countertop with valence lighting and island. Stained oak stairs to upper floor. Primary Bedroom features walk-in-closet and ensuite with 2 sinks, quartz counter top, bank of drawers, enclosed shower with glass door, and vaulted ceiling.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 25, 2025
Sold price information is available to members only
Listed Date3/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
Lot Size30.18 × 120.05 Feet
CountyYork
Annual Tax$2,611
Legal DescriptionPLAN 65M4523 LOT 7

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Park, Public Transit, School, School Bus Route, Rec./Commun.Centre

Community Features

Location

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374 Rita's Avenue, Newmarket, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 374 Rita's Avenue, Newmarket, ON L3X 2N1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,119,920
Monthly Mortgage$6,507
Property Tax (Est.)$218
Utilities & Maint.$350
Total Monthly Cost$7,075

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Summerhill Estates, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,075,549

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Terry Fox
Public161 Sawmill Valley Drive, Newmarket, Ontario, L3X 2T1
5.3
Clearmeadow
Public200 Clearmeadow Boulevard, Newmarket, Ontario, L3X 2E4
6.0
St John Chrysostom
Public800 Joe Persechini Drive, Newmarket, Ontario, L3X 2S6
6.5
St Nicholas
Public480 Keith Avenue, Newmarket, Ontario, L3X 1V5
6.9
Crossland
Public255 Brimson Drive, Newmarket, Ontario, L3X 1H8
6.2

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.