986 Stonehaven Avenue, Newmarket, ON

Stonehaven-Wyndham, Newmarket · MLS® N12926758

$2,222,000
For Sale
Listed 207 days agoNo offer date statedSitting longer than typical
4Bedrooms
4Bathrooms
2Garage · 9 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 986 Stonehaven Avenue - a one-of-a-kind luxury residence in one of Newmarket's most prestigious communities.
  • This home has been renovated from top to bottom, offering modern luxury, warmth and charm, all in one place where you can call home.
  • Inside, you are greeted by a grand foyer with dark hardwood flooring that flows effortlessly into the spacious formal living room.
  • The soaring 16-ft cathedral ceiling family room - anchored by a stunning wide-format linear electric fireplace with a bespoke custom-made limestone fireplace - flows...
  • Upstairs, a show-stopping crystal chandelier crowns the staircase above a second-floor landing that overlooks the cathedral below.

Welcome to 986 Stonehaven Avenue - a one-of-a-kind luxury residence in one of Newmarket's most prestigious communities. No other property offers a combination of the following: unique and one of a kind layout (only one in the area), luxury high-end finishes, serene home space including in your own backyard with complete privacy and tranquility. This home has been renovated from top to bottom, offering modern luxury, warmth and charm, all in one place where you can call home. From the moment you arrive, the all-brick exterior, custom hardscaped entry, and striking 16x7 ft. garage door set the tone. Inside, you are greeted by a grand foyer with dark hardwood flooring that flows effortlessly into the spacious formal living room. The soaring 16-ft cathedral ceiling family room - anchored by a stunning wide-format linear electric fireplace with a bespoke custom-made limestone fireplace - flows seamlessly into a chef's kitchen with floor-to-ceiling custom cabinetry, quartz countertops, built-in double wall ovens, & polished marble-look porcelain tile. A sun-drenched breakfast nook with French doors to the backyard and an elegant formal dining room with an antique brass crystal chandelier complete this extraordinary main floor. Upstairs, a show-stopping crystal chandelier crowns the staircase above a second-floor landing that overlooks the cathedral below. Bedrooms are spacious and serene, each with custom drapery and pot lighting. Panoramic views from the tranquil and vast primary bedroom. The primary ensuite is a spa unto itself - freestanding soaker tub, frameless glass rain shower, and a private treetop window view. The fully finished lower level offers exceptional versatility with luxury flooring and 25 pot lights. Outside, 100+ mature conifers over 20 ft. tall create an irreplaceable private sanctuary. Professionally hardscaped patio, 40 landscape lights, extended driveway for 7+ vehicles. 117 total pot lights. Smooth ceilings throughout. Truly move-in perfect.

Key facts

Property type
Detached, 2-Storey
MLS®
N12926758
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
61.21 × 135.65 ft
Cross streets
Leslie & Stonehaven
Parking
2 garage · 9 parking (built-in)
Driveway
Private, Front Yard Parking, Inside Entry, Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Brick Veneer
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,650 / 2026
Days on market
207
Listing brokerage
UPPERSIDE REAL ESTATE LIMITED

Rooms

BathroomSecond1.22 × 1.22 m

4 pc bath · overlooks backyard · tile floor

RecreationBasement5.74 × 3.60 m
Bedroom 3Second3.61 × 3.35 m

overlooks frontyard · b/i closet

Powder RoomGround1.22 × 1.22 m

tile floor · ceramic sink · 2 pc bath

Bedroom 2Second4.14 × 3.66 m

overlooks frontyard · b/i closet

Dining RoomGround4.21 × 3.48 m

overlooks garden · crown moulding · open concept

Bedroom 4Second3.58 × 3.38 m

overlooks frontyard · b/i closet

LaundryGround1.80 × 1.20 m

w/o to garage · w/o to yard · laundry sink

Family RoomGround5.46 × 5.43 m

cathedral ceiling(s) · open concept · electric fireplace

Living RoomGround5.74 × 3.60 m

french doors · crown moulding · overlooks frontyard

KitchenGround5.48 × 5.20 m

b/i appliances · w/o to yard · breakfast area

Primary BedroomSecond6.37 × 5.43 m

5 pc ensuite · his and hers closets · overlooks backyard

OfficeBasement4.21 × 3.48 m
Utility RoomBasement5.46 × 5.43 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$2.18Mlikely sale price

Listed at $2,222,000. Going by how homes in Stonehaven-Wyndham and the wider GTA have actually closed against their asking prices (about 98%, 17 local closings in 90 days), the likely sale price is near $2.18M, if it sells. A realistic range is $2.04M to $2.46M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 207 days on the market against about 29 for homes like it here, and asking 53% above where comparable closings put it.

List price
$2.04MBelow recent closings$2.46MAbove recent closings

Total price vs nearby homes. Likely closing about $2.18M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.55Mmedian sold price
98%of asking, on average
−1%prices vs a year ago
~15 dayshomes like this take to sell
207days on market so far
$4,265/moest. rent · 43 leases
2.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 17 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $808/sqft against an area asking average of $554/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.40M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 17 comparable homes that sold in Stonehaven-Wyndham over the past two years, from 151 closings there.

What sellers nearby are askingCurrently listed nearby in Stonehaven-Wyndham · asking prices
$1.69Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.45M, which is where my estimate comes from.

Per square foot, these ask about $552/sqft; this home lists at $808/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.22MThis home1.80M1.60M1.68MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Stonehaven-Wyndham: $1.60M in August 2026, level with a year ago, on 67 closings in 8 months.

Oct 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.55M8
December 2025$1.45M5
February 2026$1.48M7
April 2026$1.47M8
May 2026$1.47M16
June 2026$1.67M7
July 2026$1.35M9
August 2026$1.60M7

Neighbourhood & location

Stonehaven-Wyndham, Newmarket, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Gorham-College Manor
$1.04M
Armitage
$1.21M
Central Newmarket
$1.04M
Huron Heights-Leslie Valley
$1.09M
Summerhill Estates
$1.07M

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

Affordability
$10,127/mo
$407KIncome needed
5.5×Price ÷ income
$2,337Weekly cost
$42,025Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

94%mortgage
Mortgage $10,127Property tax $638Total carry $10,765

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,829per month

Mortgage amount $1,777,600 · 4.49% over 25 years

$444,400Down payment (20.0%)
$1,777,600Loan before insurance
$0CMHC premium
$10,466Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,829
Property tax
$638
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,466

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$42,025
Estimated closing costs
$42,025

Plus your down payment of $444,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,896/monthPayment at the qualifying rate

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

$1,170,997Total interest paid
$2,948,597Total of all payments
Principal $1,777,600 Interest $1,170,997
YearPrincipalInterestBalance
1$39,668$78,275$1,737,932
2$41,470$76,474$1,696,462
3$43,352$74,591$1,653,110
4$45,321$72,623$1,607,789
5$47,379$70,565$1,560,410
6$49,530$68,414$1,510,880
7$51,779$66,165$1,459,102
8$54,130$63,814$1,404,972
9$56,587$61,357$1,348,385
10$59,157$58,787$1,289,228
11$61,842$56,101$1,227,386
12$64,650$53,293$1,162,735
13$67,586$50,358$1,095,150
14$70,654$47,289$1,024,495
15$73,862$44,081$950,633
16$77,216$40,728$873,417
17$80,722$37,222$792,695
18$84,387$33,557$708,308
19$88,219$29,725$620,089
20$92,224$25,720$527,865
21$96,411$21,532$431,453
22$100,789$17,155$330,665
23$105,365$12,579$225,299
24$110,149$7,795$115,150
25$115,150$2,794$0

At the end of your 5-year term

Total paid over the term
$589,719
Principal paid down
$217,190
Interest paid
$372,529
Balance remaining
$1,560,410

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.

Let's connect

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

Rental yield
From 43 whole-home leases in Stonehaven-Wyndham$4,265/mo
$51,180Gross annual rent
1.6%Cap rate after taxes and upkeep
$3,890 to $4,518Typical rent range
~18 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 43 whole-home leases in Stonehaven-Wyndham signed at a median of $4,297 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,265. 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.

2.3%
Gross yield
− Property tax $7,650− Insurance $1,400− Vacancy & upkeep $5,630Net operating income $36,500

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of UPPERSIDE REAL ESTATE LIMITED. MLS®/PropTx.

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