1 Walter Avenue

Welcome to this exceptional semi-detached bungalow for sale in Newmarket, located at 1 Walter Avenue, Newmarket. This prime corner lot property is situated in a highly desirable area, offering a fantastic investment opportunity with the potential for a substantial income of approximately £4,500 per month. Alternatively, you could reside in this lovely home while benefiting from the additional income generated by the separate basement apartment.

The main floor of this house for sale in Newmarket boasts a bright and open-concept living and dining area, complete with a charming bay window that floods the space with natural light. The hardwood floors throughout the main level add a touch of elegance and warmth, making it a welcoming environment for both family and guests. The spacious, renovated kitchen is a highlight of the home, featuring modern stainless steel appliances and a stylish ceramic backsplash that enhances its appeal. This well-appointed kitchen is perfect for culinary enthusiasts and provides ample space for meal preparation and entertaining.

As you explore further, you will discover the thoughtfully designed layout of this house for sale in Newmarket. With a total of six rooms, including three bedrooms and two bathrooms, there is plenty of space for a growing family or those who enjoy hosting visitors. The main floor is unfurnished, allowing you the freedom to personalise the space to your taste. The absence of a family room is compensated by the generous living and dining areas, which can easily accommodate gatherings and celebrations.

One of the standout features of this property is the finished basement apartment, which boasts a separate entrance for added privacy. This spacious area includes a combined living and dining space, a modern kitchen, and two large bedrooms with above-grade windows, ensuring plenty of light. The basement also features a separate laundry room, making it a self-sufficient living space that is ideal for tenants or extended family. This additional accommodation significantly enhances the value of the house for sale in Newmarket, making it an attractive option for investors or those looking to house relatives.

In terms of amenities, this property is conveniently located near Upper Canada Mall, the Go station, Costco, and various healthcare facilities, including a hospital. Additionally, you will find a range of shops, banks, restaurants, and other essential services just a stone's throw away. For those who enjoy a quick coffee or snack, Tim Hortons is just a short walk from your doorstep, making it easy to grab a bite on the go.

The exterior of the house at 1 Walter Avenue, Newmarket, is constructed of durable brick, ensuring longevity and low maintenance. The lot measures 41 by 95 feet, providing ample outdoor space for potential landscaping or gardening. While there is no pool or garage associated with this property, the private double driveway offers parking for up to four vehicles, making it convenient for residents and guests alike. The absence of a central vacuum system and fireplace means that the home is designed with simplicity and practicality in mind.

The heating system is forced air, and the property is connected to municipal water and sewer services, ensuring reliable utilities. The community of Bristol-London, where this house for sale in Newmarket is located, is known for its friendly atmosphere and accessibility to various amenities, making it an ideal location for families and individuals alike.

In summary, this semi-detached bungalow at 1 Walter Avenue, Newmarket, is a remarkable opportunity for anyone seeking a home with income potential or a spacious living arrangement. With its bright and airy interiors, convenient location, and the added benefit of a separate basement apartment, this property is not to be missed. Show and sell this beautiful home, and seize the chance to make it your own!

The Bristol-London area in Newmarket is a vibrant and well-connected geographic entity that offers a unique blend of rural charm and urban convenience. Nestled between the historic city of Cambridge and the bustling metropolis of London, this region boasts excellent transport links, including the A11 and direct rail services, making it ideal for commuters. Residents enjoy the picturesque landscapes, with lush countryside and the famous Newmarket racecourses nearby, while also benefiting from a variety of local amenities, including shops, schools, and recreational facilities. The community's rich equestrian heritage and friendly atmosphere create a welcoming environment for those seeking a balance of tranquil living and accessibility to larger urban centres.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to various age groups and language preferences. Within just 0.5 km, you will find Maple Leaf Public School, offering both English and French language instruction for grades JK to 8, with a school rating of 2.7. Additionally, Canadian Martyrs CES, a Catholic elementary school, is only 0.6 km away, providing English education for JK to 8 and boasting a higher rating of 6.4. For secondary education, Dr. John M. Denison Secondary School is located 1.3 km from the property, although it currently has a low rating of 0. In contrast, Newmarket High School, situated 3.3 km away, offers French instruction for grades 9 to 12 and has an impressive rating of 8.5. Other nearby options include Poplar Bank Public School and Sacred Heart Catholic High School, although they have lower ratings. Overall, the area offers a mix of public and Catholic schools, with a variety of language programs and educational quality, making it a suitable choice for families seeking good educational opportunities for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 652 residents, with an average household size of 2.5. The community is characterized by a median age of 42 years and an average household income of $88,000. Notably, 14.4% of the population falls within the low-income bracket. The real estate market reflects an average property price of $690,000, indicating a relatively affluent neighborhood. The demographic composition reveals that a significant portion of the population, 61.82%, is single, while 34.38% of households include children. Additionally, the area has a diverse population, with 27.56% of residents being immigrants. Renters make up a substantial 55.32% of the housing market, and there are no condominiums present in the area. Educational attainment is relatively high, with 37.04% of residents holding a college or university degree. However, it is noteworthy that 27.78% of the population is not in the labor force, suggesting a mix of employment statuses within the community. Overall, this demographic snapshot highlights a vibrant, diverse community with a mix of families, singles, and a significant number of renters.