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Summerhill Estates, Newmarket
$1,198,800
Nestled in the heart of Summerhill Estates, one of Newmarket's most desirable, family-centric communities, this fully renovated home offers the perfect blend of space, functionality, and serene natural surroundings. Bright and spacious throughout, the main floor features 9' ceilings, hardwood flooring, an open-concept living and dining area, and a cozy family room overlooking the lush ravine. The modern upgraded kitchen and breakfast area walk out to a large rear patio, perfect for summer entertaining and al fresco dining. Upstairs offers 4 spacious bedrooms, including a generous primary retreat with spa-like ensuite featuring heated floors and a large walk-in closet. The finished lower level adds exceptional versatility with a spacious recreation/entertainment area, bedroom, and 3-piece bathroom, ideal for guests, extended family, or potential in-law/income use. Enjoy the privacy and beauty of a ravine setting while being close to top-rated schools, parks, scenic trails, shopping, dining, transit, and major commuter routes. Move-in ready, ravine-backed, and exceptionally located, this home checks all the boxes!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 16-30 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $6,691 |
| Lot Size | 32.01 ft x 114.91 ft |
| mls© Number | N13778032 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
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%
- $6,136
- Property tax
- $558
- Heat allowance
- $150
- Housing costs
- $6,844 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$211,000
gross annual household income
- Payment at 4%
- $5,045 / mo
- Cash down
- $239,760
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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