68 Alf Neely Way, Newmarket, ON

Glenway Estates, Newmarket · MLS® N13416246

$1,599,900
For Sale
Listed 105 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Intelligent Layout W/over 3000Sqft Living Space.
  • Perfect Family Home With Lots Of Upgrades Incl:High Ceilings, Upgraded Hardwood On Main Fl, B/I Shelves,Dbl Door Entr, Electrical Fireplace, Modern Kitchen W/Island...
  • Upstairs Boasts Master W/His/Her Closet & 5Pc Ensuite W, 2 Spacious Bedrooms W/ Large Windows, Closets &Semi-Ensuite..
  • Sitting On Beautiful Lot W/2 Car B/I Garage & Double Driveway.

Intelligent Layout W/over 3000Sqft Living Space! Perfect Family Home With Lots Of Upgrades Incl:High Ceilings, Upgraded Hardwood On Main Fl, B/I Shelves,Dbl Door Entr, Electrical Fireplace, Modern Kitchen W/Island, &Pantry. Upstairs Boasts Master W/His/Her Closet & 5Pc Ensuite W, 2 Spacious Bedrooms W/ Large Windows, Closets &Semi-Ensuite.. Sitting On Beautiful Lot W/2 Car B/I Garage & Double Driveway.

Key facts

Property type
Detached, 2-Storey
MLS®
N13416246
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
50 × 134 ft
Cross streets
Yonge/Davis
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,120 / 2025
Days on market
105
Listing brokerage
MASTER`S TRUST REALTY INC.

Rooms

DenMain3.54 × 3.14 m

large window · separate room · overlooks frontyard

Bedroom 2Second4.02 × 3.60 m

4 pc ensuite · walk-in closet(s) · large window

FoyerMain2.89 × 1.13 m

double doors · ceramic floor · double closet

Dining RoomMain5.47 × 3.75 m

pot lights · large window · separate room

KitchenMain5.75 × 4.66 m

w/o to patio · breakfast bar · stainless steel appl

Bedroom 4Second4.26 × 3.60 m

walk-in closet(s) · large window · wood

Primary BedroomSecond6.20 × 4.71 m

5 pc ensuite · walk-in closet(s) · gas fireplace

Living RoomMain4.68 × 4.66 m

gas fireplace · open concept

Bedroom 3Second3.55 × 3.45 m

semi ensuite · walk-in closet(s) · large window

LaundrySecond2.32 × 1.70 m

tile floor · laundry sink · led lighting

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.60Mlikely sale price

Listed at $1,599,900. Going by how homes in Glenway Estates and the wider GTA have actually closed against their asking prices (about 100%, 14 local closings in 90 days), the likely sale price is near $1.60M, if it sells. A realistic range is $1.50M to $1.81M.

Independent value check: $1.30M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $1.22M and $1.37M).

Why $1.30M. The typical detached home sold in Glenway Estates over the past year went for about $1.28M (49 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,120 a year; the typical home sold here pays about $6,600.

Longer on the market than typical. 105 days on the market against about 23 for homes like it here, and asking 23% above where comparable closings put it.

List price
$1.50MBelow recent closings$1.81MAbove recent closings

Total price vs nearby homes. Likely closing about $1.60M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.29Mmedian sold price
104%of asking, on average
−7%prices vs a year ago
~18 dayshomes like this take to sell
105days on market so far
$4,316/moest. rent · 19 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 13 detached homes for sale in the area against 14 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 $492/sqft against an area asking average of $484/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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.30M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • 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
Schools & getting aroundcatchment and transit

Its public catchment (Crossland PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($492/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 14 comparable homes that sold in Glenway Estates over the past two years, from 86 closings there.

What sellers nearby are askingCurrently listed nearby in Glenway Estates · asking prices
$1.62Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $499/sqft; this home lists at $492/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.69M1.70M1.85M1.25MThis home vs active comparables

Neighbourhood & location

Glenway Estates, 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.

Central Newmarket
$969K
Woodland Hill
$1.13M
Summerhill Estates
$1.12M
Bristol-London
$1.13M
Gorham-College Manor
$1.05M

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Crossland PS
80%
Crossland PSPublic · Elementary · JK-8 · 0.9 km awayAbove the GTA average · 80% meet the provincial standard
Sacred HeartEQAO results not published
Also nearby: 12 more schools within 2.5 km
J L R Bell Public School · Public elementary0.9 km · 54% at standard
Clearmeadow Public School · Public elementary1.4 km · 69% at standard
St Paul Catholic Elementary School · Catholic elementary1.4 km · 65% at standard
Alexander Muir Public School · Public elementary1.4 km · 79% at standard
Rogers Public School · Public elementary1.5 km · 84% at standard
Poplar Bank Public School · Public elementary1.6 km · 81% at standard
Stuart Scott Public School · Public elementary1.7 km · 77% at standard
Maple Leaf Public School · Public elementary1.8 km · 63% at standard
Canadian Martyrs Catholic Elementary School · Catholic elementary1.8 km · 76% at standard
Terry Fox Public School · Public elementary2.0 km · 80% at standard
Armitage Village Public School · Public elementary2.2 km · 75% at standard
St John Chrysostom Catholic Elementary School · Catholic elementary2.2 km · 67% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,292/mo
$303KIncome needed
5.3×Price ÷ income
$1,683Weekly cost
$28,473Land 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.

92%mortgage
Mortgage $7,292Property tax $677Total carry $7,968

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,006per month

Mortgage amount $1,279,920 · 4.39% over 25 years

$319,980Down payment (20.0%)
$1,279,920Loan before insurance
$0CMHC premium
$7,683Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,006
Property tax
$677
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,683

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

One-time closing costs

Ontario land transfer tax
$28,473
Estimated closing costs
$28,473

Plus your down payment of $319,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,488/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

$821,866Total interest paid
$2,101,786Total of all payments
Principal $1,279,920 Interest $821,866
YearPrincipalInterestBalance
1$28,963$55,108$1,250,957
2$30,248$53,823$1,220,709
3$31,591$52,481$1,189,118
4$32,993$51,078$1,156,125
5$34,457$49,614$1,121,667
6$35,987$48,085$1,085,681
7$37,584$46,488$1,048,097
8$39,252$44,820$1,008,845
9$40,994$43,078$967,852
10$42,813$41,258$925,038
11$44,713$39,358$880,325
12$46,698$37,374$833,627
13$48,770$35,301$784,857
14$50,935$33,137$733,922
15$53,195$30,876$680,727
16$55,556$28,515$625,171
17$58,022$26,049$567,149
18$60,597$23,474$506,552
19$63,286$20,785$443,265
20$66,095$17,976$377,170
21$69,029$15,043$308,141
22$72,092$11,979$236,049
23$75,292$8,780$160,757
24$78,633$5,438$82,123
25$82,123$1,948$0

At the end of your 5-year term

Total paid over the term
$420,357
Principal paid down
$158,253
Interest paid
$262,104
Balance remaining
$1,121,667

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 19 whole-home leases in Glenway Estates$4,316/mo
$51,792Gross annual rent
2.3%Cap rate after taxes and upkeep
$4,048 to $4,703Typical rent range
~37 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 19 whole-home leases in Glenway Estates signed at a median of $4,456 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,316. 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.

3.2%
Gross yield
− Property tax $8,120− Insurance $1,400− Vacancy & upkeep $5,697Net operating income $36,575

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MASTER`S TRUST REALTY INC.. MLS®/PropTx.

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