24-14 Lytham Green Circle, Newmarket, ON
Glenway Estates, Newmarket · MLS® N12647948
About this home
In short
- Welcome to modern urban living at Glenway Urban Towns by Andrin Homes.
- This brand new, never-lived-in 2-bedroom, 2-bath condo townhome offers exceptional value in a highly sought-after Newmarket community and includes 1 parking space.
- Featuring a smart open-concept layout with 9-foot ceilings, large windows, and no wasted space, the home is filled with natural light.
- Ideally located between Bathurst and Yonge, just off Davis Drive, steps to the Newmarket Bus Terminal, GO Bus, and VIVA transit, and close to Costco, retail plazas...
- Minutes to Upper Canada Mall, Newmarket GO Train, Southlake Regional Health Centre, parks, conservation trails, golf courses, and Lake Simcoe, with easy access to...
Welcome to modern urban living at Glenway Urban Towns by Andrin Homes. This brand new, never-lived-in 2-bedroom, 2-bath condo townhome offers exceptional value in a highly sought-after Newmarket community and includes 1 parking space. Featuring a smart open-concept layout with 9-foot ceilings, large windows, and no wasted space, the home is filled with natural light. The contemporary kitchen includes granite countertops, stainless steel energy-efficient appliances, and modern finishes, with washer and dryer included. Energy Star central air conditioning and heating provide year-round comfort. Ideally located between Bathurst and Yonge, just off Davis Drive, steps to the Newmarket Bus Terminal, GO Bus, and VIVA transit, and close to Costco, retail plazas, restaurants, and entertainment. Minutes to Upper Canada Mall, Newmarket GO Train, Southlake Regional Health Centre, parks, conservation trails, golf courses, and Lake Simcoe, with easy access to Vaughan and the TTC subway. An excellent opportunity to own in a growing, well-connected community offering the perfect balance of urban convenience and outdoor recreation, with cottage country just a short drive away.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- N12647948
- Bedrooms
- 2
- Bathrooms
- 2 (1 half)
- Size
- 900-999 sq ft
- Cross streets
- Davis Dr And Mitchell Place
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $275/mo
- Exposure
- North West
- Days on market
- 296
- Listing brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
quartz counter · stainless steel appl
Walk-In Closet(s)
2 Pc Bath
W/O To Balcony
4 Pc Bath
Listed at $599,000. Comparable closings put this home around $590K, so the ask is about 2% above what similar homes have sold for.
One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.
Total price vs nearby homes. Fair value about $590K, median of 8 comparables.
The market behind the math:
Price per square foot: this home lists at $631/sqft against an area asking average of $544/sqft.
How this estimate is builtthe short version
I take the 8 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Glenway Estates, so I widened the search to the surrounding area.
Based on 11 homes sold in this building over the past two years, from 20 closings in Glenway Estates.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $590K, which is where my estimate comes from.
Per square foot, these ask about $592/sqft; this home lists at $631/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Glenway Estates, Newmarket, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $479,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,650
- Estimated property tax
- $374
- Condo / maintenance fees
- $275
- Heating
- $0
- Estimated monthly cost
- $3,299
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $158,975
- Principal paid down
- $58,549
- Interest paid
- $100,425
- Balance remaining
- $420,651
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 12 whole-home leases in Glenway Estates signed at a median of $2,435 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,540. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.