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Summerhill Estates, Newmarket
$1,159,999
Perfectly Positioned Family Home In The Coveted Summerhill Estates Community Of Newmarket. Close To Schools, Parks, Ray Twinney Rec Centre, The New Mulock Park, Southlake Hospital, Walking Trails, Bustling Downtown Newmarket's Riverwalk Commons, Fairy Lake And Every Amenity You Could Possibly Desire! This Bright And Inviting Family Home Offers A Spacious, Thoughtfully Designed And Light-Filled Layout Ideal For Both Everyday Living And Entertaining. With 3+1 Generously-Sized Bedrooms And 4 Bathrooms There Is Plenty Of Room For The Whole Family. The Private West-Facing Backyard, Framed By Mature Trees, Is Perfect For Children And Pets To Play, Family Gatherings, And Summer Entertaining. The Finished Basement With Separate Entrance Adds Exceptional Versatility With Large Recreation Room, Kitchen, Additional Bedroom With Walk-In Closet, And Full Bathroom - Ideal For Extended Family, Teens Seeking Their Own Space, Overnight Guests, Or Multi-Generational Living. This Is A Home That Combines Comfort, Functionality, And Flexible Space For Every Stage Of Family Life. Welcome Home! BONUS: No Sidewalk! New Furnace & AC - 2021, New Main Floor Kitchen Fridge & Stove - 2026, New Electrical Panel - 2026, New Water Heater - 2026, Driveway Redone - August 2026. Most Windows Being Replaced End Of August By RTech Windows.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,222 |
| Lot Size | 31.99 ft x 114.83 ft |
| mls© Number | N13681674 |
| Listed By | LPT REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,937
- Property tax
- $518
- Heat allowance
- $150
- Housing costs
- $6,606 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$203,000
gross annual household income
- Payment at 4%
- $4,881 / mo
- Cash down
- $232,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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