Glenway, where my family and I live, is one Newmarket most sought after family neighbourhoods, featuring approximately 1,600 low density, executive and luxury homes on 50 to 65 foot lots, strategically built around the original Glenway Golf Course lands, Joe Persechini Park and the Ray Twinney Sports Complex. The subdivision is bound by Davis Drive/Hwy #9 and Upper Canada Mall on the north and Bathurst St on the West, Yonge St. and it's Go Buses and Town Buses on the East, and contemporary Summerhill Subdivison on the south.
Recreation, life-style and convenience to everywhere else is why my wife and I chose Glenway to start and raise a family 30 years ago. Very few other communities offers as much green space and so few homes per acre. Many of these homes back parks or greenspace and/or have 150 ft plus deep lots with mature trees and a feel of nature abounds. The golf course it self has now been sold to a developer and more homes will be added on the former golf course lands. The good news is that most of proposed new homes will in fact be higher end luxury homes also on 50 foot lots that will help raise and/or protect the existing home values in the Glenway community. My family and I have had the opportunity to play and/or participate in organized baseball, softball, hockey, flag football, soccer and competitive swimming and more, all in our immediate neighbouthood and most within 5 minutes or less, walking time from home. It's a great neighbourhood to also just take the kids and dog for a walk or jog or to enjoy a play center time out in the park.
Homes sizes range from 1,500 to 4,500 square feet, many with walkout basements. While most of builders in the site (Great Gulf Homes, Tribute, Geranium, Regal Crest, Palbac, Hume Construction, Canada Homes & Headgate Homes) chose to go with 2 storey designs, Glenway Builders (the very first builder pioneer in the site, after which the subdivision and golf course were named after) also offered backsplits, sidesplits and some rare bungalows.
In 2014 Glenway sales prices ranged from the low $500,000's for the smaller homes extending to the mid $800,000's for the larger fully updated and ungraded larger models on green space. In total, 48 homes sold in Glenway up until the end of September 2014 with an average sale price of $661,000. (Average Newmarket Detached Home Price is $601,000 YTD)The Glenway average will be skewed upward in October as for the first time every a Glenway home sold for over a million dollars. (a completely renovated 3,700 sq. ft. 2 storey with 3 car garage, finished basement & in ground pool sold for $1,015,000) to see a full broker copy of any other Glenway sales and or listings available, please send me an email email@example.com. From the beginning of the year to the end of September 2014, the price of detached homes in Newmarket had increased by approx 8.7%. October results will be available in a few days.