Welcome to this remarkable investment located in the coveted neighborhood of Central Newmarket. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,950,000 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.
Rare offering for investors, for those looking to retire with an income, and for families. This 7 1/2 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground picture windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces.
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This investment located at 443 Timothy Street, Newmarket is currently for sale and has been available on zoozaa for 63 days. This property is listed at $2,950,000 with an estimated mortgage of $9,819* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 443 Timothy Street, Newmarket is in the Central Newmarket neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central Newmarket, Newmarket.
First-time home buyers, professionals, or investors seeking value.
None listed
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The current listing price for 443 Timothy Street, Newmarket, ON in Central Newmarket, Newmarket is $2,950,000.
This property features null bedrooms and null bathrooms.
443 Timothy Street, Newmarket, ON is a Investment () featuring a basement.
Community features and nearby amenities include: Public Transit, Recreation/Community Centre.
Security features include: Yes.
Heating is provided via standard central heat and cooling via Yes.
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Central Newmarket, Newmarket
24 assaults (109.1/100k)
13 B&E (59.1/100k)
18 thefts (81.8/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 443 Timothy Street, Newmarket, ON L3Y 1P7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $2,950,000 in Newmarket, the legal minimum down payment is $590,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $60,225 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $60,225.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.
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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.
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