108 Cherrywood Drive

Introducing a remarkable opportunity to acquire a house for sale in Newmarket , located at 108 Cherrywood Drive, Newmarket. This well-maintained detached bungalow presents a unique chance for investors and contractors alike, as it is being offered for the first time. Nestled in the community of Bristol-London, this property is conveniently situated near the bustling intersection of London Road and Harrison Drive, providing easy access to a variety of local amenities.

The exterior of the house at 108 Cherrywood Drive, Newmarket, is constructed from durable brick, ensuring both aesthetic appeal and longevity. This bungalow boasts a well-thought-out layout, featuring a total of six rooms, including two spacious bedrooms and an additional den that can serve as a versatile space for work or leisure. The main floor is designed for comfort and functionality, with a combined living and dining room that creates an inviting atmosphere for family gatherings or entertaining guests.

The kitchen, which is the heart of the home, is an eat-in space, perfect for casual dining and family meals. Additionally, there is a second kitchen that adds to the versatility of the property, making it ideal for those who may wish to create a self-contained suite. With two full bathrooms, this house for sale in Newmarket ensures convenience for all occupants, whether for a family or potential tenants.

One of the standout features of this property is the finished basement, which includes a separate entrance. This area presents an excellent opportunity for rental income or could serve as an in-law suite, catering to a variety of living arrangements. The spacious lower level is complemented by a large laundry room, enhancing the practicality of the home.

Parking is not an issue at 108 Cherrywood Drive, Newmarket, as the property includes a detached double garage, which is a rare find on this street. One side of the garage is designed as a drive-thru, providing added convenience for vehicle access. The large driveway accommodates up to five vehicles, ensuring ample space for family and guests.

The house for sale in Newmarket is equipped with central air conditioning, ensuring comfort during the warmer months. The heating system is powered by forced air, providing a reliable source of warmth during the colder seasons. Furthermore, the property is connected to municipal water and sewer services, offering peace of mind regarding essential utilities.

While the house is currently unfurnished, this presents a blank canvas for potential buyers to personalise and decorate to their taste. The absence of a pool and fireplace allows for a focus on the home's existing features, which are already abundant. The lot measures 33 by 92 feet, providing a manageable outdoor space that can be enjoyed without the extensive upkeep often associated with larger properties.

Located in close proximity to schools, hospitals, and shopping centres, including Upper Canada Mall, this house for sale in Newmarket is ideally situated for families and individuals alike. The ease of access to transportation routes, including Highway 400 and Highway 404, further enhances the appeal of this property.

In summary, 108 Cherrywood Drive, Newmarket, offers an exceptional opportunity for those seeking a house for sale in Newmarket that combines potential, space, and value. With its well-maintained condition, versatile layout, and prime location, this bungalow is ready to welcome its new owners. Whether you are an investor looking for a property with rental potential or a family seeking a comfortable home, this property is sure to meet your needs. Don’t miss out on this chance to make it your own!

The Bristol-London area in Newmarket offers a unique blend of vibrant culture and picturesque landscapes, making it an appealing choice for potential residents. Nestled between the historic cities of Bristol and London, this geographic entity boasts excellent transport links, allowing for easy access to both urban amenities and the tranquil beauty of the surrounding countryside. The region is characterised by charming streets, a rich equestrian heritage, and a variety of local shops and eateries, creating a welcoming atmosphere. With its strong sense of community and a range of recreational activities, the Bristol-London area in Newmarket provides an ideal setting for those seeking a balanced lifestyle that combines the best of both city and rural living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of educational needs for families. Within a short distance, you will find Maple Leaf Public School, offering both English and French instruction for grades JK to 8, just 0.4 km away, with a respectable rating of 3.8. Additionally, Canadian Martyrs CES, a Catholic elementary school, is even closer at 0.2 km, boasting a higher rating of 6.6. For secondary education, Dr. John M. Denison Secondary School is located 0.9 km from the property, although it currently has a rating of 0. Newmarket High School, which offers French instruction for grades 9 to 12, is situated 3.6 km away and has a much better rating of 8. Other nearby schools include Poplar Bank Public School and Sacred Heart Catholic High School, which are slightly further but still accessible. Overall, this area provides a variety of educational options, including both public and Catholic schools, ensuring that families have access to quality education within a reasonable distance from their home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 422 residents as of 2021. The average household size is 2.6, and the population has a relatively mature average age of 49.7 years. The average household income stands at an impressive $148,000, with only 8.5% of residents classified as low-income. The real estate market reflects this affluence, with an average property price of $920,000. A significant portion of the population, 39.24%, is single, while 38.46% of households include children, indicating a balanced demographic mix. The area is notably diverse, with 45.88% of residents being immigrants. Additionally, only 9.38% of households are renters, and there are no condominiums present, suggesting a preference for homeownership. Education levels are high, with 55% of residents holding a college or university degree. However, a considerable 36.71% of the population is not in the labor force, which may reflect retirement or other factors. Overall, this community presents a unique blend of stability, diversity, and affluence, making it an attractive location for potential homeowners.