118 Queen St, Newmarket, ON L3Y 2E8, Newmarket, Ontario, Canada. - Hero Image
118
Queen St
Newmarket | Ontario

Urban Home

City Sophistication

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Mario Tolja
Mario Tolja
Presented At
$620,922
Bedrooms
3
Bathrooms
2
Stone Countertops
Air Conditioning
Washer Dryer
Laundry Room
Basement
Garage
Parking
Garden
Tennis Court
Playground
Water View
Investment Property
118 Queen St, Newmarket, ON L3Y 2E8, Newmarket, Ontario, Canada. - Photo 1
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118 Queen St, Newmarket, ON L3Y 2E8, Newmarket, Ontario, Canada. , Newmarket , Ontario

Charming Home

Charming & Versatile Home nestled right beside Haskett Sports Park. This delightful 3-bedroom, 2-bathroom home is the perfect blend of charm, functionality, and future potential. Whether you're a first-time buyer, a young family, or looking for an investment opportunity, this home offers endless possibilities. Adding to its appeal, the property backs onto Haskett Park, a beautiful green space featuring a sports field, tennis court, playground, seasonal picnic tables, and trails. This prime location provides the perfect setting for outdoor recreation, family activities, and peaceful walks all just steps from your [hidden information] directly across from a junior public school, your morning routine just became a breeze. A quick 4-minute walk brings you to fabulous shopping, cafes, and daily conveniences, while a short 6-minute drive leads you to Upper Canada Mall, one of the areas premier shopping destinations. Inside, natural light pours through large windows, creating a bright and airy ambiance throughout. The kitchen, thoughtfully designed with a window overlooking the backyard, allows you to keep an eye on little ones while preparing meals. A sun-filled enclosed porch provides a welcoming space to kick off winter boots, park a stroller, or simply enjoy a quiet morning coffee. Step outside to a spacious, fenced backyard, a private retreat perfect for family barbecues, gardening, or playtime. A large garden shed offers ample storage, while the detached garage and private driveway provide plenty of parking. For those seeking additional flexibility, the separate basement entrance presents a fantastic opportunity as an in-law suite, or extra living space. And with the possibility of expanding, this home could seamlessly transition from a starter home to a forever home. A rare combination of location, charm, and future potential, this home is a must-see! Dont miss out on this incredible opportunity to plant roots in a sought-after neighborhood.

Gallery

3D Street View Tour

Map showing 118 Queen St, Newmarket, ON L3Y 2E8, Newmarket, Ontario, Canada.

Property Location

118 Queen St, Newmarket, ON L3Y 2E8, Newmarket, Ontario, Canada., Newmarket Ontario

Local Weather & Climate

Newmarket, Ontario

Current Conditions Updated recently
26 °F
Light snow
Feels Like 26°F
Humidity 87%
Wind 1 mph
Visibility 0.9 mi
Sunrise 11:30 AM
Sunset 11:23 PM
5-Day Forecast
Sun 15 Mar
Snow
High 35°
Low 26°
Mon 16 Mar
Clouds
High 50°
Low 37°
Tue 17 Mar
Snow
High 28°
Low 14°
Wed 18 Mar
Clouds
High 28°
Low 14°
Thu 19 Mar
Clouds
High 38°
Low 25°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Newmarket?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Newmarket. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $62,092,200 20% down ($12,418,440)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$5,336
$5,336/day
Your home may appreciate while you sleep
$37,452/week $162,290/mo $1,947,482/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$34.2M
vs
OWN 📈 +$48.5M
$48.5M Potential Equity
vs $34.2M lost to rent over 10 years
$12.4M Down Payment Growth
3.9x
10yr
$48.5M
8.1x
20yr
$100.3M
12.6x
30yr
$156.8M
Wealth Comparison
×373
Equivalent to 373 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $156.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $73.1M +18%
Market $84.6M +36%
Optimistic $97.6M +57%
$48.5M est. equity
20 Years
Conservative $86.1M +39%
Market $115.2M +85%
Optimistic $153.3M +147%
$100.3M est. equity
30 Years
Conservative $101.4M +63%
Market $156.8M +153%
Optimistic $241.0M +288%
$156.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 118 Queen St, Newmarket, ON L3Y 2E8, Newmarket, Ontario, Canada features 3 bedrooms.
This property is listed at $62,092,200.
Based on current market indicators, Newmarket shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Newmarket, Ontario. The property is situated in an established neighborhood with convenient access to local amenities and services.
Mario Tolja

Mario Tolja

Sotheby's International Realty Canada

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Kendra Connelly

Kendra Connelly

Sotheby's International Realty Canada

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