263 John Bowser Crescent, Newmarket, ON

Glenway Estates, Newmarket · MLS® N13536062

$1,148,000
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
3+1Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • You will not believe what lies behind this extensively upgraded home's subtle streetscape.
  • A breathtaking living room with soaring ceilings almost 11 feet high greets guests and light spills into this home reflecting on the solid hardwood floors running...
  • The property is almost 50 ft. wide and 133 ft. deep, a luxury in today's housing market, and set well away from busy streets despite its central Newmarket location.

You will not believe what lies behind this extensively upgraded home's subtle streetscape. Nestled on a premium, oversized lot in desirable Glenway Estates, the home's open floor plan wows immediately with views through to the kitchen and family room sliding doors and to the upper floors! A breathtaking living room with soaring ceilings almost 11 feet high greets guests and light spills into this home reflecting on the solid hardwood floors running throughout the main and lower levels. Don't let the perfect proportions and generous scale of the living spaces distract your from noticing the kitchen's multiple wow factors: classic full height cabinetry, an exceptionally large eat-in area, the fact it is open to and overlooks the lower level family room, a walkout to deck and property, natural stone countertops & undermounted lighting! The spacious family room has its own walkout and a wall of custom cabinetry built around a gas fireplace and stone hearth. New wood staircases, crisp trims and updated lighting add polish and whimsey blending modern and traditional sensibilities for today's lifestyles.. The primary bedroom is a true retreat with not only an ensuite bath and walk-in closet, but its own large, private deck with a pretty trellis, ready for morning coffee. You can't get this kind of serene privacy in a new subdivision. The lower level also features another large bedroom/den with a walk-in closet and picture window overlooking patio and property, and a laundry room of a size seldom seen in even the largest homes. Convenient interior access direct to garage is a bonus! The property is almost 50 ft. wide and 133 ft. deep, a luxury in today's housing market, and set well away from busy streets despite its central Newmarket location. Almost everything you need is within a short walk including the Newmarket YRT Terminal with GO & YRT buses. This is a truly incredible location.

Key facts

Property type
Detached, Backsplit 4
MLS®
N13536062
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
49.25 × 132.94 ft
Cross streets
Eagle St. and John Bowser Cres.
Parking
2 garage · 4 parking (attached)
Driveway
Inside Entry, Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,965 / 2026
Days on market
103
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

Dining RoomMain3.78 × 3.07 m

hardwood floor · hidden lights · large window

OtherBasement5.44 × 4.39 m

Unfinished

Primary BedroomSecond4.37 × 3.45 m

4 pc ensuite · walk-in closet(s) · w/o to sundeck

Utility RoomBasement5.38 × 3.53 m
Family RoomLower4.95 × 3.73 m

b/i bookcase · sliding doors · gas fireplace

Bedroom 3Second3.40 × 3.07 m

large closet · broadloom

Living RoomMain5.54 × 3.51 m

hardwood floor · hidden lights · overlooks garden

KitchenMain5.18 × 1.96 m

eat-in kitchen · overlooks family · w/o to deck

Bedroom 2Second3.63 × 2.97 m

overlooks backyard · large closet · broadloom

LaundryLower3.58 × 2.92 m

side door · walk-in closet(s) · laminate

Bedroom 4Lower4.83 × 2.67 m

hardwood floor · walk-in closet(s) · large window

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.15Mlikely sale price

Listed at $1,148,000. Going by how homes in Glenway Estates and the wider GTA have actually closed against their asking prices (about 100%, 17 local closings in 90 days), the likely sale price is near $1.15M, if it sells. A realistic range is $1.07M to $1.29M.

Independent value check: $1.10M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $1.03M and $1.15M).

Why $1.10M. The typical detached home sold in Glenway Estates over the past year went for about $1.28M (49 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,965 a year; the typical home sold here pays about $6,600.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it slightly3+1 bedrooms and 3 baths, against 4+1 and 4 typically.

Longer on the market than typical. 103 days on the market against about 21 for homes like it here, and asking 4% above where comparable closings put it.

List price
$1.07MBelow recent closings$1.29MAbove recent closings

Total price vs nearby homes. Likely closing about $1.15M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.20Mmedian sold price
104%of asking, on average
−12%prices vs a year ago
~21 dayshomes like this take to sell
103days on market so far
$3,727/moest. rent · 16 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 16 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 $510/sqft against an area asking average of $546/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 $1.01M. Condition and finishes remain an in-person call.

What the listing highlights2 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Glenway Estates, so I widened the search to the surrounding area.

Based on 17 comparable homes that sold in Glenway Estates over the past two years, from 90 closings there.

What sellers nearby are askingCurrently listed nearby in Glenway Estates · asking prices
$1.17Mavg 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 $1.10M, which is where my estimate comes from.

Per square foot, these ask about $593/sqft; this home lists at $510/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.15MThis home1.25M1.05M1000k1.13M1.40MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newmarket: $1.04M in September 2026, up 1% from a year ago, on 532 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Newmarket as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.08M46
November 2025$1.05M34
December 2025$1.10M29
January 2026$1.03M27
February 2026$1.08M31
March 2026$1.10M41
April 2026$1.08M51
May 2026$1.16M66
June 2026$1.13M60
July 2026$1.06M54
August 2026$1.09M55
September 2026$1.04M38

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.

Woodland Hill
$1.17M
Summerhill Estates
$1.07M
Central Newmarket
$1.04M
Bristol-London
$1.00M
Armitage
$1.21M

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
$5,232/mo
$219KIncome needed
5.3×Price ÷ income
$1,207Weekly cost
$19,435Land 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 $5,232Property tax $497Total carry $5,729

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,078per month

Mortgage amount $918,400 · 4.49% over 25 years

$229,600Down payment (20.0%)
$918,400Loan before insurance
$0CMHC premium
$5,575Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,078
Property tax
$497
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,575

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

One-time closing costs

Ontario land transfer tax
$19,435
Estimated closing costs
$19,435

Plus your down payment of $229,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,146/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

$604,997Total interest paid
$1,523,397Total of all payments
Principal $918,400 Interest $604,997
YearPrincipalInterestBalance
1$20,495$40,441$897,905
2$21,425$39,511$876,480
3$22,398$38,538$854,082
4$23,415$37,521$830,667
5$24,478$36,458$806,188
6$25,590$35,346$780,599
7$26,752$34,184$753,847
8$27,966$32,970$725,881
9$29,236$31,700$696,645
10$30,563$30,373$666,082
11$31,951$28,985$634,131
12$33,402$27,534$600,729
13$34,918$26,018$565,811
14$36,504$24,432$529,307
15$38,161$22,775$491,146
16$39,894$21,042$451,252
17$41,705$19,231$409,547
18$43,599$17,337$365,948
19$45,578$15,358$320,370
20$47,648$13,288$272,722
21$49,811$11,125$222,911
22$52,073$8,863$170,838
23$54,437$6,499$116,401
24$56,909$4,027$59,493
25$59,493$1,443$0

At the end of your 5-year term

Total paid over the term
$304,679
Principal paid down
$112,212
Interest paid
$192,468
Balance remaining
$806,188

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 16 whole-home leases in Glenway Estates$3,727/mo
$44,724Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,372 to $3,914Typical rent range
~23 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 16 whole-home leases in Glenway Estates signed at a median of $3,931 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,727. 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.

3.9%
Gross yield
− Property tax $5,965− Insurance $1,400− Vacancy & upkeep $4,920Net operating income $32,440

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.

CallRequest a showing