241 Banbrooke Crescent, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N13626546

$838,000
For Sale
Listed 80 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Beautifully Updated Freehold Townhome.
  • Recent renovations and major improvements provide peace of mind while offering stylish, modern finishes throughout.
  • Enjoy the benefits of modern finishes, owned mechanical systems, and a clean unfinished basement ready for your personal touch.

Beautifully Updated Freehold Townhome. Move right into this well-maintained freehold townhome where the hard work has already been done. Recent renovations and major improvements provide peace of mind while offering stylish, modern finishes throughout. This is a fantastic opportunity to own a turnkey home in one of Newmarket's desirable family neighbourhoods. Why You'll Love This Home. With extensive updates already completed-including flooring, kitchen, bathrooms, painting, landscaping and major mechanical improvements-this home is truly move-in ready. Enjoy the benefits of modern finishes, owned mechanical systems, and a clean unfinished basement ready for your personal touch. Don't miss your opportunity to own this beautifully refreshed freehold townhome in a sought-after Newmarket community.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13626546
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
19.69 × 114.83 ft
Cross streets
Mulock and Columbus Way
Parking
1 garage · 3 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,494 / 2026
Days on market
80
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Rooms

Great RoomMain6.10 × 3.10 m

laminate · california shutters

Primary BedroomSecond5.60 × 2.70 m

laminate · walk-in closet(s) · 4 pc ensuite

Bedroom 2Second4.90 × 2.90 m

laminate · closet · california shutters

BreakfastMain2.90 × 2.50 m

ceramic floor · w/o to yard · california shutters

KitchenMain3.20 × 2.43 m

ceramic floor · b/i dishwasher · quartz counter

Bedroom 3Second3.30 × 2.60 m

laminate · closet · california shutters

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

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
$795K
Woodland Hill
$841K
Gorham-College Manor
$769K

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
$3,819/mo
$161KIncome needed
5.2×Price ÷ income
$881Weekly cost
$13,235Land 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 $3,819Property tax $375Total carry $4,194

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)
$3,707per month

Mortgage amount $670,400 · 4.49% over 25 years

$167,600Down payment (20.0%)
$670,400Loan before insurance
$0CMHC premium
$4,081Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,707
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,081

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

One-time closing costs

Ontario land transfer tax
$13,235
Estimated closing costs
$13,235

Plus your down payment of $167,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,486/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

$441,627Total interest paid
$1,112,027Total of all payments
Principal $670,400 Interest $441,627
YearPrincipalInterestBalance
1$14,960$29,521$655,440
2$15,640$28,841$639,800
3$16,350$28,131$623,450
4$17,092$27,389$606,358
5$17,868$26,613$588,489
6$18,680$25,802$569,810
7$19,528$24,953$550,282
8$20,414$24,067$529,868
9$21,341$23,140$508,527
10$22,310$22,171$486,217
11$23,323$21,158$462,894
12$24,382$20,099$438,511
13$25,489$18,992$413,022
14$26,646$17,835$386,376
15$27,856$16,625$358,519
16$29,121$15,360$329,398
17$30,443$14,038$298,955
18$31,826$12,656$267,130
19$33,271$11,211$233,859
20$34,781$9,700$199,078
21$36,360$8,121$162,717
22$38,011$6,470$124,706
23$39,737$4,744$84,969
24$41,541$2,940$43,428
25$43,428$1,054$0

At the end of your 5-year term

Total paid over the term
$222,405
Principal paid down
$81,911
Interest paid
$140,495
Balance remaining
$588,489

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$3,150/mo
$37,800Gross annual rent
3.3%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.

4.5%
Gross yield
− Property tax $4,494− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,748

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.

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