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403 PARK AVENUE, Newmarket (Central Newmarket) — listed at $1,099,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 403 Park Ave, a character-filled property in the heart of Central Newmarket, just steps from historic Main Street, Fairy Lake, parks, shops, restaurants and everyday amenities. This versatile property is currently configured as two separate living spaces, each with its own entrance, offering an excellent opportunity for investors, multi-generational families, or buyers looking to create a home that fits their needs.Featuring approximately 2,216 sq. ft. of living space with 4 bedrooms and 2 bathrooms, the home offers generous principal rooms, plenty of natural light and the charm and character you would expect from a property of this vintage. The flexible layout also provides the potential to reimagine the property as a spacious single-family home.Set on a mature lot in one of Newmarket's most established neighbourhoods, this is an opportunity to own a distinctive property in an exceptional downtown location with convenient access to transit, schools, recreation and all that Main Street Newmarket has to offer. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.45 x 3.73 meters |
| Bedroom 4 | Main level | 3.62 x 3.3 meters |
| Sunroom | Main level | 7.1 x 1.53 meters |
| Living room | Main level | 3.73 x 4.55 meters |
| Dining room | Main level | 1.93 x 1.75 meters |
| Sunroom | Main level | 2.97 x 2.94 meters |
| Mud room | Main level | 2.8 x 1.43 meters |
| Primary Bedroom | Second level | 4.26 x 3.55 meters |
| Bedroom 2 | Second level | 3.87 x 3.3 meters |
| Bedroom 3 | Second level | 4.63 x 3.03 meters |
| Kitchen | Main level | 4.25 x 3.54 meters |
| Living room | Main level | 4.31 x 4.28 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,558.46, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What makes this a luxury property?+
At $1,099,999, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
Is 403 PARK AVENUE a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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