$465,000
For sale: Detached

**Attention Investors, Renovators & Builders!** Opportunity to own a detached 2-storey home in the established Central Newmarket neighbourhood. Situated on a corner lot, this vacant property offers 2 bedrooms, 2 bathrooms, an unfinished partial basement and a detached garage. Conveniently located near Historic Main Street, Fairy Lake, parks, schools, shopping, restaurants and local amenities. **Property is being sold strictly in "As-Is, Where-Is" condition** and requires substantial repairs and renovations, Not currently move-in ready. Ideal for experienced buyers prepared to undertake extensive improvements, subject to municipal approvals where applicable. Buyers are encouraged to conduct their own due diligence regarding property condition, repairs, permits and intended use. An opportunity to restore or reimagine this property in a mature Newmarket community.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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.
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
Newmarket (Central Newmarket) 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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