816 Norwick Road, Newmarket, ON

Stonehaven-Wyndham, Newmarket · MLS® N13489308

$2,150,000
For Sale
Listed 116 days agoNo offer date statedSitting longer than typical
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4+3Bedrooms
5Bathrooms
3Garage · 11 parking
3500-5000Sq ft

About this home

In short

  • Welcome to one of Stonehaven's most distinguished executive residences, perfectly positioned on a private, premium WEST-facing lot in one of Newmarket's most...
  • Offering over 4,200 sq. ft. above grade plus a beautifully finished lower level with a separate entrance, this exceptional home was designed for luxurious family...
  • From the moment you enter, you're welcomed by soaring spaces, custom millwork, rich wide-plank hardwood flooring, striking stone accents, and an abundance of natural...

Welcome to one of Stonehaven's most distinguished executive residences, perfectly positioned on a private, premium WEST-facing lot in one of Newmarket's most prestigious communities. Offering over 4,200 sq. ft. above grade plus a beautifully finished lower level with a separate entrance, this exceptional home was designed for luxurious family living, elegant entertaining, and multigenerational flexibility. From the moment you enter, you're welcomed by soaring spaces, custom millwork, rich wide-plank hardwood flooring, striking stone accents, and an abundance of natural light throughout. The thoughtfully designed layout features expansive principal rooms, a private executive office with fireplace, and seamless flow ideal for hosting large family gatherings and celebrations. The chef-inspired kitchen overlooks the backyard retreat and opens effortlessly to generous family living spaces, creating the perfect setting for everyday living and memorable entertaining. Upstairs, the luxurious primary suite offers a true private retreat with a spa-inspired ensuite, freestanding soaker tub, oversized glass shower, and spacious walk-in closet. Three additional oversized bedrooms provide exceptional comfort for family and guests. The fully finished lower level is a standout feature, offering a private self-contained suite complete with its own kitchen, laundry, multiple bedrooms, and spacious living area-ideal for extended family, live-in parents, adult children, guests, or private accommodations. Step outside to your own resort-inspired backyard featuring extensive decking, mature landscaping, hot tub, fire pit, and exceptional privacy with western exposure-an extraordinary outdoor space designed for relaxation and entertaining.

Key facts

Property type
Detached, 2-Storey
MLS®
N13489308
Bedrooms
4+3 (7 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
59.06 × 160.34 ft
Cross streets
Stonehaven Ave/ Lockwood Circle
Parking
3 garage · 11 parking (attached)
Driveway
Available
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,860 / 2025
Days on market
116
Listing brokerage
EXP REALTY

Rooms

Bedroom 4Second14.40 × 12.80 m

closet · window · hardwood floor

KitchenBasement0.00 × 0.00 m

Tile Floor

Dining RoomMain21.80 × 11.11 m

formal rm · hardwood floor · large window

Bedroom 3Second15.40 × 12.00 m

double closet · window · hardwood floor

Primary BedroomSecond19.11 × 13.11 m

5 pc ensuite · walk-in closet(s) · hardwood floor

BedroomBasement0.00 × 0.00 m

window · closet

OfficeMain12.50 × 11.11 m

2 way fireplace · hardwood floor · led lighting

Living RoomMain21.90 × 29.10 m

hardwood floor · large window · stone fireplace

Bedroom 2Second15.00 × 12.40 m

double closet · hardwood floor · b/i closet

RecreationBasement15.00 × 22.00 m

laminate · led lighting

BreakfastMain10.10 × 17.11 m

open concept · combined w/kitchen · w/o to yard

KitchenMain13.10 × 19.30 m

eat-in kitchen · centre island · stainless steel appl

Media RoomBasement0.00 × 0.00 m

b/i bookcase · coffered ceiling(s) · electric fireplace

BedroomBasement0.00 × 0.00 m

window · walk-in closet(s)

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

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
$9,799/mo
$405KIncome needed
5.3×Price ÷ income
$2,261Weekly cost
$40,225Land 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 $9,799Property tax $905Total carry $10,704

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)
$9,510per month

Mortgage amount $1,720,000 · 4.49% over 25 years

$430,000Down payment (20.0%)
$1,720,000Loan before insurance
$0CMHC premium
$10,415Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,510
Property tax
$905
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,415

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

One-time closing costs

Ontario land transfer tax
$40,225
Estimated closing costs
$40,225

Plus your down payment of $430,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,511/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

$1,133,053Total interest paid
$2,853,053Total of all payments
Principal $1,720,000 Interest $1,133,053
YearPrincipalInterestBalance
1$38,383$75,739$1,681,617
2$40,126$73,996$1,641,491
3$41,948$72,174$1,599,543
4$43,852$70,270$1,555,691
5$45,843$68,279$1,509,848
6$47,925$66,197$1,461,923
7$50,101$64,021$1,411,822
8$52,376$61,747$1,359,447
9$54,754$59,368$1,304,693
10$57,240$56,882$1,247,453
11$59,839$54,284$1,187,615
12$62,556$51,567$1,125,059
13$65,396$48,726$1,059,663
14$68,365$45,757$991,298
15$71,469$42,653$919,829
16$74,714$39,408$845,115
17$78,106$36,016$767,009
18$81,653$32,469$685,356
19$85,360$28,762$599,996
20$89,236$24,886$510,760
21$93,287$20,835$417,473
22$97,523$16,599$319,950
23$101,951$12,171$217,999
24$106,580$7,542$111,419
25$111,419$2,703$0

At the end of your 5-year term

Total paid over the term
$570,611
Principal paid down
$210,152
Interest paid
$360,458
Balance remaining
$1,509,848

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$7,350/mo
$88,200Gross annual rent
3.1%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.1%
Gross yield
− Property tax $10,860− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,238

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

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