70 Lundy's Lane

FOR SALE
$1,570,000
70 Lundy's Lane, Newmarket
70 Lundy's Lane
70 Lundy's Lane
70 Lundy's Lane
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4 + 4
BEDROOMS
5
BATHROOMS
1 + 2
KITCHENS
11 + 9
ROOMS
N9359145
MLSID
Contact Us
Property Description
Welcome To This Exceptional Fully Extended and Renovated Raised Bungalow, Sit On A Premium 50x176 Ft Lot, Offering 4+2 Bedrooms, 5 Bathrooms And An Abundance Of Modern Upgrades. From The Moment You Step Inside, Youll Be Captivated By The Luxurious Combination Of Stone, Wood, Coffered Ceiling And Glass, Creating A Breathtaking First Impression. The Heart Of The Home Is A Modern Kitchen, Featuring Sleek Stainless Steel Appliances, A Beautifully Designed Island With Exquisite Stonework And A Sophisticated Blend Of Wood And Granite. The Living Room Is Flooded With Natural Lights From Extra-Large Windows, Boasts An Outstanding Electric Fireplace And Custom TV Wall Unit With Hidden Lightings And Pot Lights, Perfect For Entertaining. A Cozy Family Room Provides A Relaxing Retreat For Family Time. The Main Level Includes 4 Large, Bright Bedrooms And 3 Stunning Bathrooms. The Primary Bedroom Is A Serene Oasis, Offering A Beautiful View Of The Expansive Backyard, Along With His-And-Hers Walk-In Closets And A Luxurious Ensuite Featuring A Freestanding Tub. Every Bathroom Is Meticulously Designed With Top-Quality Finishes. Downstairs, The Fully Finished Basement Is A Two (2) Separate Legal Apartments. Each Apartment Is Extra Bright, With Two Large Bedrooms, Open-Concept Kitchens, And A Hotel-Style Ambiance, Ideal For Extended Family Or Generating Rental Income. Outside, The Home Offers A 7-Car Parking Space, Ensuring Ample Room For Guests. The Tandem (2-Car) Garage Provides Extra Space For Valuable Bikes And Cars Or Can Serve As A Heated Workshop For Hobbies And Storage. The Large, Pool-Sized Backyard Is Perfect For Outdoor Living. Whether You Are An Investor Seeking Great Rental Returns Or A Family Looking For A Luxurious Home With Additional Income Potential, This Fully Extended and Renovated Beauty Is A Rare Opportunity Not To Be Missed! Open House Saturday October 12th, 1PM - 4PM
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-11-20 2022-11-24 5 $899,900 $902,500 Sold
Extras
Main:S/S (Fridge,Gas Range, Dishwasher), Electric Fire Place, Washer/Dryer, Basement 1: S/S (Fridge, Gas Range), Stack W/D. Basment 2: Fridge,Stove, W/D, Full Security Camera; Fans W/ bluetooth,200 Amp panel,All ELF, ,EV Rough-in.
Nearby Intersections
Property Details
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 176'
Fronting
East
Taxes
$4,080 (2023)
Basement
Apartment, Finished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.78' x 13.62'Picture Window, Electric Fireplace, O/Looks Dining
DiningMain10.66' x 19.95'Combined W/Kitchen, Hardwood Floor, Open Concept
KitchenMain10.66' x 19.95'Combined W/Dining, Stainless Steel Appl, Centre Island
FamilyMain8.53' x 12.14'Window, Hardwood Floor, Pot Lights
Prim BdrmMain11.94' x 22.51'Large Window, 4 Pc Ensuite, W/I Closet
2nd BrMain10.66' x 13.65'Window, Hardwood Floor, Closet
3rd BrMain11.52' x 11.19'Large Window, Hardwood Floor, Double Closet
4th BrMain13.29' x 11.88'O/Looks Dining, Hardwood Floor, Double Closet
BrBsmt11.02' x 9.84'Large Window, Vinyl Floor, Double Closet
BrBsmt11.02' x 10.37'Large Window, Vinyl Floor, Double Closet
BrBsmt13.12' x 9.74'Window, Vinyl Floor, Double Closet
BrBsmt9.28' x 12.40'Window, Vinyl Floor, Double Closet
Newmarket Market Statistics
Newmarket Price Trend
70 Lundy's Lane is a 4-bedroom 5-bathroom home listed for sale at $1,570,000, which is $273,126 (21.1%) higher than the average sold price of $1,296,874 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 4 bedroom home in Newmarket increased by $24,321 (1.9%) compared to the previous 30 day period (August 18 - September 16) and up $15,249 (1.2%) from the same time one year ago.
Inventory Change
There were 58 4-bedroom homes listed in Newmarket over the last 30 days (September 17 - October 16), which is down 14.7% compared with the previous 30 day period (August 18 - September 16) and down 17.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Newmarket typically sold ($23,788) (1.8%) below asking price over the last 30 days (September 17 - October 16), which represents a $14,613 decrease compared to the previous 30 day period (August 18 - September 16) and $3,700 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 4-bedroom homes in Newmarket over the last 30 days (September 17 - October 16) stood at 50.0%, up from 41.2% over the previous 30 days (August 18 - September 16) and up from 28.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Newmarket stood at 19 days when successfully sold over the last 30 days (September 17 - October 16), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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