16365 Bathurst Street, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N13542714

$5,995,000
For Sale
Listed 102 days agoNo offer date statedSitting longer than typical
6Bedrooms
4Bathrooms
5Garage
3500-5000Sq ft

About this home

In short

  • This 37 acre estate is situated within the urban boundary of Newmarket, minutes to St.
  • The property offers a mix of hardwood and softwood forest, ravine, stream and open land.
  • A long driveway leads to a custom built contemporary home with a ground level in-law suite complete with separate entrance.
  • This spacious home overlooks a gorgeous pool area and open grounds where wildlife abounds.
  • A detached 5 car garage for all the toys one would use on this touch of Muskoka just north of Toronto.

This 37 acre estate is situated within the urban boundary of Newmarket, minutes to St. Ann's College and St. Andrews College. The property offers a mix of hardwood and softwood forest, ravine, stream and open land. A long driveway leads to a custom built contemporary home with a ground level in-law suite complete with separate entrance. This spacious home overlooks a gorgeous pool area and open grounds where wildlife abounds. It is not unusual to have deer and wild turkeys frolicking in plain view. A detached 5 car garage for all the toys one would use on this touch of Muskoka just north of Toronto.

Key facts

Property type
Detached, 2-Storey
MLS®
N13542714
Bedrooms
6
Bathrooms
4 (1 half)
Size
3500-5000 sq ft
Lot
806.87 × 2424.8 ft
Cross streets
Bathurst St and St John's Sideroad.
Parking
5 garage (detached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Wood
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Pool
Inground
Property tax
$16,984 / 2026
Days on market
102
Listing brokerage
ROYAL LEPAGE RCR REALTY

Rooms

KitchenMain2.50 × 2.65 m

Combined w/Dining

BreakfastMain4.80 × 2.75 m

Brick Fireplace

Dining RoomMain4.45 × 3.85 m

hardwood floor · overlooks living

BedroomMain3.37 × 2.94 m
Living RoomMain3.65 × 3.85 m

Fireplace

Family RoomMain6.00 × 3.75 m

cathedral ceiling(s) · hardwood floor · w/o to patio

Dining RoomMain3.02 × 2.88 m

Combined w/Kitchen

Bedroom 5Main3.70 × 2.65 m
Living RoomMain6.20 × 4.21 m

hardwood floor · fireplace · w/o to pool

Bedroom 3Upper3.30 × 3.15 m

hardwood floor · double closet

KitchenMain5.20 × 4.40 m

b/i appliances · centre island · granite counters

Bedroom 4Upper3.20 × 3.15 m

hardwood floor · double closet

Bedroom 2Upper3.70 × 3.75 m

hardwood floor · double closet

Primary BedroomMain4.65 × 4.50 m

hardwood floor · 4 pc ensuite · walk through

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 · asking prices
$1.40Mavg asking

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

Per square foot, these ask about $530/sqft; this home lists at $1,411/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
6.00MThis home1.48M1.90M1.19M998k1.44MThis home vs active comparables

Neighbourhood & location

Summerhill 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.

Armitage
$1.21M
Glenway Estates
$1.36M
Central Newmarket
$1.04M
Woodland Hill
$1.17M
Stonehaven-Wyndham
$1.47M

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
$27,323/mo
$1081KIncome needed
5.5×Price ÷ income
$6,305Weekly cost
$136,350Land 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.

95%mortgage
Mortgage $27,323Property tax $1,415Total carry $28,739

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)
$26,518per month

Mortgage amount $4,796,000 · 4.49% over 25 years

$1,199,000Down payment (20.0%)
$4,796,000Loan before insurance
$0CMHC premium
$27,933Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$26,518
Property tax
$1,415
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27,933

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

One-time closing costs

Ontario land transfer tax
$136,350
Estimated closing costs
$136,350

Plus your down payment of $1,199,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$32,096/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

$3,159,372Total interest paid
$7,955,372Total of all payments
Principal $4,796,000 Interest $3,159,372
YearPrincipalInterestBalance
1$107,026$211,189$4,688,974
2$111,886$206,329$4,577,088
3$116,966$201,249$4,460,122
4$122,277$195,938$4,337,846
5$127,828$190,387$4,210,017
6$133,632$184,583$4,076,385
7$139,700$178,515$3,936,685
8$146,043$172,172$3,790,643
9$152,674$165,541$3,637,969
10$159,606$158,609$3,478,364
11$166,852$151,363$3,311,511
12$174,428$143,787$3,137,083
13$182,348$135,867$2,954,736
14$190,627$127,588$2,764,109
15$199,282$118,933$2,564,826
16$208,331$109,884$2,356,496
17$217,790$100,425$2,138,706
18$227,678$90,537$1,911,028
19$238,016$80,199$1,673,012
20$248,822$69,392$1,424,190
21$260,120$58,095$1,164,070
22$271,930$46,284$892,140
23$284,277$33,938$607,862
24$297,185$21,030$310,678
25$310,678$7,537$0

At the end of your 5-year term

Total paid over the term
$1,591,074
Principal paid down
$585,983
Interest paid
$1,005,092
Balance remaining
$4,210,017

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
1.0%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.

1.5%
Gross yield
− Property tax $16,984− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,114

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

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