355 Cheryl Mews Blvd

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355 Cheryl Mews Blvd, Newmarket
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5 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
11 + 1
ROOMS
N8116866
MLSID
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Property Description
BACKS ONTO GREENSPACE/FOREST. RENTAL INCOME POTENTIAL FEATURING LEGAL BASEMENT APARTMENT WITH SEPERATE ENTERANCE. This Exquisite Detached Home Is a True Masterpiece nested on a Quiet Cul-De-Sac in a highly sought-after woodland hill neighborhood backing on to Greenspace offering serene and tranquil ambiance. It Features 5 Bedrooms + 2 additional bedrooms in the basement for a perfect in-law suit. Recently upgraded gourmet Eat-In Kitchen with a granite countertop Island, and extended windows, Offers Breathtaking Views. The Open Concept Family Room Is anchored by a Cozy Gas Fireplace and Boasts 9Ft Ceilings And Hardwood Floors Throughout this home. The Upper Level of this gem Is equally Impressive, With A Spacious Master Bedroom That Features A Bay Window, Soaker Tub, Shower Ensuite, And Walk-In Closet. 2 Bedrooms Legal basement with Separate Entrance is vacant but can be rented for $2200/month if required. Located Close to parks, schools, trails, restaurant and Upper Canada Mall.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-26 2024-03-05 8 $1,399,888 - Terminated
2023-01-16 2023-03-31 74 $1,529,000 - Expired
2023-01-16 2023-03-10 53 $1,529,000 - Suspended
Extras
All Elfs, S/S Stove, Fridge, Dishwasher, Range Hood. Washer And Dryer Included. Furnace (2023), AC (2023), Hot Water Tank (2023).Front Windows replaced in 2023. Washroom cabinets and Mirrors recently replaced
Nearby Intersections
Property Features
Cul De Sac, Grnbelt/Conserv
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
45' x 85'
Lot Irregularities
Back Onto Private Protected Green Space!
Fronting
South
Taxes
$6,494 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
DiningMain11.48' x 23.95'Hardwood Floor, Combined W/Living
KitchenMain13.12' x 20.83'Ceramic Floor, Eat-In Kitchen, Centre Island
BreakfastMain13.12' x 20.83'Ceramic Floor, Open Concept
FamilyMain13.94' x 15.91'Hardwood Floor, Gas Fireplace, Bay Window
Prim Bdrm2nd14.11' x 16.24'Hardwood Floor, 5 Pc Ensuite, W/I Closet
2nd Br2nd11.48' x 14.27'Hardwood Floor, Double Closet, Semi Ensuite
3rd Br2nd11.15' x 13.12'Hardwood Floor, Double Closet
4th Br2nd10.01' x 12.47'Hardwood Floor, Double Closet
5th Br2nd11.15' x 15.58'Hardwood Floor, W/O To Balcony
BrBsmt13.12' x 13.39'Laminate
BrBsmt10.83' x 12.96'Laminate
Newmarket Market Statistics
Newmarket Price Trend
355 Cheryl Mews Blvd is a 5-bedroom 4-bathroom home listed for sale at $1,550,000, which is $275,000 (15.1%) lower than the average sold price of $1,825,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 5 bedroom home in Newmarket increased by $16,000 (0.9%) compared to the previous 30 day period (February 27 - March 27) and up $250,000 (15.9%) from the same time one year ago.
Inventory Change
There were 12 5-bedroom homes listed in Newmarket over the last 30 days (March 28 - April 26), which is up 50.0% compared with the previous 30 day period (February 27 - March 27) and up 1,100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Newmarket typically sold ($88,956) (4.9%) below asking price over the last 30 days (March 28 - April 26), which represents a $109,956 decrease compared to the previous 30 day period (February 27 - March 27) and ($19,888) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Newmarket over the last 30 days (March 28 - April 26) stood at 41.7%, up from 25.0% over the previous 30 days (February 27 - March 27) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Newmarket stood at 18 days when successfully sold over the last 30 days (March 28 - April 26), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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