228 Sawmill Valley Drive

Summerhill Estates, Newmarket

Open House Jan 17th, 12-2PM
228 Sawmill Valley Drive, Summerhill Estates, Newmarket

$1,288,888


Bedrooms: 4

Bathrooms: 3

Living Area: 2,000 sqft

Price Per Sqft: $644.44


About this Detached

in Summerhill Estates, Newmarket

Don't miss this rare ravine-lot opportunity in the heart of Summerhill Estates, one of Newmarket's most sought-after family neighbourhoods. Set on a premium lot with no neighbours behind, backing onto a peaceful walking trail and framed by mature cedar trees, this beautiful 2-storey detached home offers exceptional privacy, space, and long-term value. With 4 generously sized bedrooms and 3 bathrooms, the home features a bright, modern kitchen, fresh neutral finishes, updated flooring, and a functional layout designed for growing families who need room to live, play, and evolve. The unspoiled walk-out basement provides incredible future potential, ideal for a rec room, home gym, additional living space, or teen retreat. Outside, enjoy a private backyard oasis complete with a custom-shaped saltwater inground pool and oversized patio, perfect for summer entertaining and family gatherings without sacrificing green space or serenity. Summerhill Estates is loved for its strong sense of community, excellent schools, and unbeatable lifestyle. Walk to top-rated schools, parks, trails, shopping, transit, and the highly anticipated Mulock Park, soon to become one of Newmarket's premier recreational destinations. With easy access to both Hwy 400 and Hwy 404, this location is ideal for commuters while still offering a safe, walkable neighbourhood for families to put down roots. A move-in-ready home in a premier location, this is your chance to secure a place in one of the best neighbourhoods Newmarket has to offer.

Listed by RE/MAX REALTRON TURNKEY REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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