Re-listed 7 days ago

494 Rita's Ave, Newmarket, Ontario L3X 2E8

Detached
5
5
~1500-2000 sqft
$•••,•••
$1,080,000
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Detached
5
5
~1500-2000 sqft

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Highlights

Property Estimate

Days on market7 days

Total days on market
41 days

Estimated valueNot available

Price/Sqft$630/sqft

Monthly cost

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Description

Welcome to Landmark Estates, ideally located in the heart of Newmarket. This beautifully crafted Monaco Model by a reputable local builder offers approximately 1,950 sq. ft. + basement, totalling over 2,500 sq. ft. of thoughtfully designed living space, featuring 5 bedrooms and 4.5 bathrooms. Extended driveway offering ample parking space. A rare and highly functional layout includes a main floor bedroom complete with a 3-piece ensuite-perfect for multi-generational living, accommodating guests, or creating a private home office. The separate entrance adds exceptional versatility, offering strong potential for additional rental income. The main level showcases 9-ft smooth ceilings, an elegant oak staircase, and a well-appointed layout designed for both everyday comfort and entertaining. Upstairs, the spacious primary retreat features a walk-in closet and a luxurious 5-piece ensuite with double sinks, a separate glass shower, and a modern freestanding tub. Situated along Yonge Street, this home offers unmatched convenience with close proximity to Upper Canada Mall, GO Transit, VIVA transit, Highways 400 & 404, top-rated schools, parks, Magna Recreation Centre, and Glenway Golf Club.An exceptional opportunity for families seeking space, flexibility, and a prime Newmarket location.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size3,305 SqFt(111.94 x 29.53)
Parking Spaces4
MLS ®NumberN13224094
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Main Floor

Dining

6.88 x 3.2

hardwood floor / Pot Lights

Living

6.88 x 3.2

hardwood floor / Combined W/Dining

Kitchen

4.22 x 3.05

Ceramic Floor / Quartz Counter

Br

3.83 x 2.87

hardwood floor / 3 Pc Ensuite


Features

Lot size: 3,305 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 3

Total parking spaces 4


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
7 days on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX REALTRON REALTY INC., Brokerage
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Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2025

22 days

2024

16 days

2023

11 days

New Listings

Past 30 days

149 listings

Compared to

2025

183 listings

2024

142 listings

2023

120 listings

Units sold

Past 30 days

65 units

Compared to

2025

59 units

2024

56 units

2023

79 units

Median Sold Price

Past 30 days

$1,150,000

Compared to

2025

$1,190,000

2024

$1,220,000

2023

$1,360,800


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
21%
50 to 64
23%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget