470 Doubletree Lane, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N13475598

$1,280,088
For Sale
Listed 119 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • One Of A Kind Striking Modern Style Home Features Rich Natural Light.
  • Quintessential Indoor/Outdoor Living, Fully Renovated In 2022, This 4+1 Bedroom, 5 Bath Home Offers Perfect Balance For Casual And Formal Entertaining.
  • Meticulous Attention To Detail Is Presented In The Gourmet Kitchen With New Rich Quartz Countertops And Backsplash, Custom Cabinets, And Brand-Name Appliances.

One Of A Kind Striking Modern Style Home Features Rich Natural Light. Quintessential Indoor/Outdoor Living, Fully Renovated In 2022, This 4+1 Bedroom, 5 Bath Home Offers Perfect Balance For Casual And Formal Entertaining. Meticulous Attention To Detail Is Presented In The Gourmet Kitchen With New Rich Quartz Countertops And Backsplash, Custom Cabinets, And Brand-Name Appliances.

Key facts

Property type
Detached, 2-Storey
MLS®
N13475598
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
47 × 118 ft
Cross streets
Yonge St & Mulock Drive
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$6,899 / 2025
Days on market
119
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

FoyerMain1.89 × 2.48 m
Living RoomMain3.01 × 3.61 m
BedroomBasement3.18 × 2.90 m
Family RoomMain3.53 × 4.16 m
Primary BedroomSecond3.51 × 4.16 m
RecreationBasement6.71 × 6.93 m
Bedroom 3Second3.88 × 3.86 m
LaundryBasement3.37 × 2.53 m
Bedroom 2Second4.56 × 2.88 m
KitchenMain20.90 × 9.20 m
Bedroom 4Second3.88 × 3.19 m
Dining RoomMain3.61 × 2.63 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Summerhill Estates, Newmarket, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Glenway Estates
$1.36M
Armitage
$1.21M
Central Newmarket
$1.04M
Woodland Hill
$1.16M
Bristol-London
$1.00M

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
$5,834/mo
$244KIncome needed
5.2×Price ÷ income
$1,346Weekly cost
$22,077Land 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.

91%mortgage
Mortgage $5,834Property tax $575Total carry $6,409

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%
$
%
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)
$5,662per month

Mortgage amount $1,024,070 · 4.49% over 25 years

$256,018Down payment (20.0%)
$1,024,070Loan before insurance
$0CMHC premium
$6,237Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,662
Property tax
$575
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,237

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

One-time closing costs

Ontario land transfer tax
$22,077
Estimated closing costs
$22,077

Plus your down payment of $256,018. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,853/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

$674,608Total interest paid
$1,698,678Total of all payments
Principal $1,024,070 Interest $674,608
YearPrincipalInterestBalance
1$22,853$45,094$1,001,218
2$23,891$44,057$977,327
3$24,975$42,972$952,352
4$26,109$41,838$926,243
5$27,295$40,652$898,948
6$28,534$39,413$870,414
7$29,830$38,118$840,584
8$31,184$36,763$809,401
9$32,600$35,347$776,801
10$34,080$33,867$742,721
11$35,627$32,320$707,094
12$37,245$30,702$669,849
13$38,936$29,011$630,913
14$40,704$27,243$590,209
15$42,552$25,395$547,657
16$44,484$23,463$503,173
17$46,504$21,443$456,669
18$48,615$19,332$408,054
19$50,822$17,125$357,232
20$53,130$14,817$304,102
21$55,542$12,405$248,559
22$58,064$9,883$190,495
23$60,701$7,247$129,794
24$63,457$4,491$66,338
25$66,338$1,609$0

At the end of your 5-year term

Total paid over the term
$339,736
Principal paid down
$125,122
Interest paid
$214,613
Balance remaining
$898,948

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
Estimate$4,200/mo
$50,400Gross annual rent
2.9%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.9%
Gross yield
− Property tax $6,899− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,557

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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