8-59 Charles Street, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13524346

$796,000
For Sale
Listed 106 days agoNo offer date statedSitting longer than typical
3Bedrooms
3Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • Welcome To 11 On Charles.
  • This Bright, Open-Concept 1,535 Sq.
  • Unit Offers 3 Bedrooms, 3 Bathrooms, And Is Filled With Natural Light And Luxurious Upgrades Throughout.
  • Designed With High-End Finishes And Unparalleled Craftsmanship, The Home Features 9' Smooth Ceilings, White Oak 6" Engineered Hardwood, 8.5" Baseboards, 4" Casings, A...
  • Minutes To GO Transit, Hwy 404/400.

Welcome To 11 On Charles! Stunning Boutique Townhomes In The Heart Of Newmarket! This Bright, Open-Concept 1,535 Sq. Ft. Unit Offers 3 Bedrooms, 3 Bathrooms, And Is Filled With Natural Light And Luxurious Upgrades Throughout. Designed With High-End Finishes And Unparalleled Craftsmanship, The Home Features 9' Smooth Ceilings, White Oak 6" Engineered Hardwood, 8.5" Baseboards, 4" Casings, A Statement Oak Staircase With Glass Railings, And An Electric Fireplace. The Chef-Inspired Kitchen Boasts Extended Upper Cabinets, Valance Lighting, Granite Counters, And A Spacious Waterfall Island, Perfect For Entertaining. Ideally Located Directly Across From Southlake Regional Health Centre And Just A Short Walk To Historic Main Street, Fairy Lake, Trails, Parks, Cafes, Patios, And Local Shops. Minutes To GO Transit, Hwy 404/400. Whether You're Working Remotely, Entertaining, Or Exploring The City, This Home Offers The Perfect Balance Of Style, Comfort, And Walkable Convenience. Price reflects applicable HST relief of up to $114,000. Eligibility and final rebate amounts are subject to applicable government requirements. Low Maintenance fees of $421/month covering Insurance, parking and common elements. Seller's Bonus: 12-months Maintenance fees included with purchase!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13524346
Bedrooms
3
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Davis Dr. and Charles St.
Parking
1 garage (carport)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Tar and Gravel
Maintenance
$421/mo
Exposure
East
Property tax
$1,889 / 2026
Days on market
106
Listing brokerage
YORK NATIONAL REALTY INC.

Rooms

Bedroom 3Upper2.56 × 3.63 m

hardwood floor · large closet · large window

Dining RoomMain3.63 × 3.53 m

hardwood floor · w/o to balcony · combined w/kitchen

Media RoomMain5.25 × 4.21 m

hardwood floor · fireplace · open concept

Bedroom 2Upper2.56 × 3.63 m

hardwood floor · large closet · large window

FoyerGround1.49 × 2.41 m

closet · hardwood floor

KitchenMain2.70 × 3.81 m

centre island · hardwood floor · stone counters

Primary BedroomUpper3.09 × 3.53 m

hardwood floor · ensuite bath · hardwood floor

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
What sellers nearby are askingCurrently listed nearby in Central Newmarket · asking prices
$656kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.

Per square foot, these ask about $472/sqft; this home lists at $531/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
796kThis home699k778k600k549kThis home vs active comparables

Neighbourhood & location

Central Newmarket, 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.

Glenway Estates
$686K
Stonehaven-Wyndham
$902K
Armitage
$665K

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
$3,628/mo
$154KIncome needed
5.2×Price ÷ income
$837Weekly cost
$12,395Land 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.

86%mortgage
Mortgage $3,628Property tax $157Condo fee $421Total carry $4,206

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)
$3,521per month

Mortgage amount $636,800 · 4.49% over 25 years

$159,200Down payment (20.0%)
$636,800Loan before insurance
$0CMHC premium
$4,099Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,521
Property tax
$157
Condo / maintenance fees
$421
Heating
$0
Estimated monthly cost
$4,099

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

One-time closing costs

Ontario land transfer tax
$12,395
Estimated closing costs
$12,395

Plus your down payment of $159,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,262/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

$419,493Total interest paid
$1,056,293Total of all payments
Principal $636,800 Interest $419,493
YearPrincipalInterestBalance
1$14,211$28,041$622,589
2$14,856$27,396$607,733
3$15,530$26,721$592,203
4$16,236$26,016$575,967
5$16,973$25,279$558,995
6$17,743$24,508$541,251
7$18,549$23,703$522,703
8$19,391$22,861$503,311
9$20,272$21,980$483,040
10$21,192$21,060$461,848
11$22,154$20,098$439,694
12$23,160$19,092$416,534
13$24,212$18,040$392,322
14$25,311$16,941$367,011
15$26,460$15,792$340,551
16$27,662$14,590$312,889
17$28,918$13,334$283,972
18$30,230$12,021$253,741
19$31,603$10,649$222,138
20$33,038$9,214$189,100
21$34,538$7,714$154,562
22$36,106$6,146$118,456
23$37,746$4,506$80,710
24$39,459$2,792$41,251
25$41,251$1,001$0

At the end of your 5-year term

Total paid over the term
$211,259
Principal paid down
$77,805
Interest paid
$133,453
Balance remaining
$558,995

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$4,750/mo
$57,000Gross annual rent
5.4%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.

7.2%
Gross yield
− Property tax $1,889− Condo fees $5,052− Insurance $600− Vacancy & upkeep $6,270Net operating income $43,189

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

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