$1,050,000Asking Price
494 Rita's Avenue, Newmarket, ON L3X 2E8
Summerhill Estates, Newmarket
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.
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.
See MoreKey Info
- 2-Storey Detached
- 3-Car Driveway
- 1-Car Built-In Garage
- Clearmeadow And Yonge
- 1500-2000 Approximate Sq Feet
- Finished Basement
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 29.53 x 111.94 Feet
- Brick Exterior
- Taxes were $6,196 in 2025
- Possession: 60-90
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #N13216564
- RE/MAX REALTRON REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.85' x 10.01' | Ceramic Floor, Quartz Counter |
 | 1 3-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 1 5-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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Who lives here?
Summerhill Estates, Newmarket is a north GTA neighbourhood notable for its university grads, executives, business, science and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 40 to 54.
Families
Kids Per Family
1.5
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
41%
of residents are
single and loving it.
41% singles
Newmarket (42%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
10%
of residents
are renters.
10% renters
Newmarket (21%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
38%
of residents are
university grads.
38% university grads
Newmarket (37%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$147K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 19% |
| Business | 12% |
| Government | 10% |
| Management | 9% |
| Trades | 8% |
Immigrants
33%
of residents were
born outside of Canada.
33% immigrants
Newmarket (30%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
3.0% from Iran
All-time
Birthplace - Recent
1.1% from China
Recent
Foreign Languages
Foreign Languages
| Russian | 4% |
| Persian | 3% |
| Mandarin | 3% |
| Spanish | 2% |
| Italian | 2% |
Religions
Religions
| Christian | 65% |
| Buddhist | 7% |
| Muslim | 3% |
| Jewish | 2% |
| Hindu | 2% |
