$998,000
For sale: Detached

Premium Ravine Lot in Prestigious Summerhill Estates! This well-maintained 4+1 bedroom family home backs onto a beautiful ravine and green space. The bright kitchen , pantry and a breakfast area with walk-out to the deck, overlooking the ravine. The inviting family room with fireplace is perfect for everyday living and entertaining. The spacious primary bedroom offers a walk-in closet . A finished walk-out basement with separate entrance, additional kitchen and 1-bedroom in-law apartment offers excellent flexibility for extended family or potential rental income. Additional features include central vacuum, attached double garage . Conveniently located close to schools, parks, shopping, Yonge Street, public transit and GO Transit, with easy access to Highways 400 and 404. A wonderful opportunity to enjoy space, versatility and ravine-side living in Summerhill Estates.
Sold data
Detached homes in Newmarket (Summerhill Estates) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 36, across 154 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $1,073,000.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 154 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Newmarket (Summerhill Estates) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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