403 PARK AVENUE, Newmarket (Central Newmarket)

$1,099,999

For sale: Multiplex

Multiplex at 403 PARK AVENUE, Newmarket (Central Newmarket)
Property type
Duplex
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® N13883596
Neighbourhood
Central Newmarket

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.

Sold data

Homes in Central Newmarket — recent sold market

Homes in Central Newmarket took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 59, across 33 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $769,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$769,000
Sale-to-list ratio
96.3%
Sold above asking
30%

Based on 33 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Newmarket (Central Newmarket)

Newmarket (Central Newmarket) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.

Rated schools
24
Elementary
19
Secondary
5
Average rating
6.3 / 10

Top-rated schools in Newmarket (Central Newmarket)

  • Bogart — elementary, NewmarketFraser rating 8.6/10
  • Newmarket — secondary, NewmarketFraser rating 8.5/10
  • Stuart Scott — elementary, NewmarketFraser rating 7.9/10
  • Rogers — elementary, NewmarketFraser rating 7.8/10
  • Sacred Heart — secondary, NewmarketFraser rating 7.2/10
  • Alexander Muir — elementary, NewmarketFraser rating 7.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 403 PARK AVENUE