908 Schaeffer Outlook, Newmarket, ON

Stonehaven-Wyndham, Newmarket · MLS® N13675768

$1,680,000
For Sale
Listed 63 days agoNo offer date statedSitting longer than typical

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4Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Comfort and Lifestyle come together in this exceptional 4 bedroom, 2.5 bathroom, detached home nestled on a mature generous sized lot with 60' ftg, in one of...
  • Step inside to a welcoming foyer with cathedral ceiling along with handsome hardwood flooring & pot lighting throughout majority of the main floor.
  • A professionally finished basement adds approximately 637 sf of additional living space - ideal for a home theatre, gym or playroom - while offering excellent storage...
  • Enjoy the expansive deck, relaxing hot tub and beautifully landscaped grounds, creating your own backyard oasis for outdoor dining, entertaining and unwinding.
  • This home is situated in a fantastic location just steps from scenic ravine, walking and biking trails.

Comfort and Lifestyle come together in this exceptional 4 bedroom, 2.5 bathroom, detached home nestled on a mature generous sized lot with 60' ftg, in one of Newmarket's most sought after communities. Step inside to a welcoming foyer with cathedral ceiling along with handsome hardwood flooring & pot lighting throughout majority of the main floor. The spacious family room with cozy gas fireplace creates the perfect spot for relaxed evenings or entertaining guests. A bright, open-concept kitchen and breakfast area features ample cabinetry, a convenient breakfast bar, and a direct walk-out to your backyard retreat. The main floor laundry/mudroom offers direct access to the double car garage and backyard. The 2nd floor provides 4 well sized bedrooms for plenty of space for the entire family. The primary suite boasts a walk-in closet, a luxurious ensuite with soaker tub and separate shower plus access to a den/sitting room. Large windows in every bedroom fill the home with natural light. A professionally finished basement adds approximately 637 sf of additional living space - ideal for a home theatre, gym or playroom - while offering excellent storage with 47' x 23' ft storage/utility room featuring numerous built-in shelves. Enjoy the expansive deck, relaxing hot tub and beautifully landscaped grounds, creating your own backyard oasis for outdoor dining, entertaining and unwinding. This home is situated in a fantastic location just steps from scenic ravine, walking and biking trails. You will also find top-rated schools, parks, shopping, dining, public transit nearby and easy access to HWY 404 for the commuter.

Key facts

Property type
Detached, 2-Storey
MLS®
N13675768
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
60.1 × 127.28 ft
Cross streets
Bayview Ave / Brooker Ridge
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Rolled
Sewer
Sewer
Property tax
$8,676 / 2026
Days on market
63
Listing brokerage
ROYAL LEPAGE RCR REALTY

Rooms

FoyerMain5.86 × 3.59 m

hardwood floor · cathedral ceiling(s) · closet

BreakfastMain3.73 × 3.71 m

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

OtherBasement3.42 × 3.41 m
KitchenMain3.66 × 3.56 m

breakfast bar · overlooks backyard · stainless steel appl

Bedroom 4Second3.60 × 3.58 m

hardwood floor · closet · california shutters

Family RoomMain8.44 × 3.60 m

hardwood floor · gas fireplace · overlooks backyard

Utility RoomBasement14.50 × 7.27 m

B/I Shelves

Living RoomMain5.18 × 3.53 m

hardwood floor · bay window · california shutters

Dining RoomMain4.06 × 3.52 m

hardwood floor · large window

LaundryMain3.59 × 1.84 m

w/o to garage · w/o to yard · laundry sink

RecreationBasement6.54 × 5.00 m

double closet · pot lights

Primary BedroomSecond6.43 × 2.82 m

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

Bedroom 3Second3.65 × 3.56 m

hardwood floor · double closet · california shutters

DenSecond3.64 × 2.82 m

hardwood floor · french doors · california shutters

Bedroom 2Second4.22 × 3.65 m

hardwood floor · double closet · california shutters

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Stonehaven-Wyndham, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$7,657/mo
$318KIncome needed
5.3×Price ÷ income
$1,767Weekly cost
$30,075Land 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 $7,657Property tax $723Total carry $8,380

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)
$7,431per month

Mortgage amount $1,344,000 · 4.49% over 25 years

$336,000Down payment (20.0%)
$1,344,000Loan before insurance
$0CMHC premium
$8,154Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,431
Property tax
$723
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,154

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

One-time closing costs

Ontario land transfer tax
$30,075
Estimated closing costs
$30,075

Plus your down payment of $336,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,994/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

$885,362Total interest paid
$2,229,362Total of all payments
Principal $1,344,000 Interest $885,362
YearPrincipalInterestBalance
1$29,992$59,182$1,314,008
2$31,354$57,820$1,282,654
3$32,778$56,397$1,249,876
4$34,266$54,909$1,215,610
5$35,822$53,353$1,179,788
6$37,448$51,726$1,142,340
7$39,149$50,026$1,103,191
8$40,926$48,248$1,062,265
9$42,784$46,390$1,019,481
10$44,727$44,448$974,754
11$46,758$42,417$927,997
12$48,881$40,294$879,116
13$51,100$38,075$828,016
14$53,420$35,754$774,596
15$55,846$33,329$718,750
16$58,381$30,793$660,369
17$61,032$28,143$599,337
18$63,803$25,371$535,534
19$66,700$22,475$468,834
20$69,728$19,446$399,106
21$72,894$16,280$326,211
22$76,204$12,970$250,007
23$79,664$9,510$170,343
24$83,281$5,893$87,062
25$87,062$2,112$0

At the end of your 5-year term

Total paid over the term
$445,872
Principal paid down
$164,212
Interest paid
$281,660
Balance remaining
$1,179,788

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$5,250/mo
$63,000Gross annual rent
2.7%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.

3.8%
Gross yield
− Property tax $8,676− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,994

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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