299 Second Street, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13684230

$2,599,000
For Sale
Listed 63 days agoNo offer date statedSitting longer than typical
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4Bedrooms
5Bathrooms
3Garage · 7 parking
3000-3500Sq ft

About this home

In short

  • This is where luxury, craftsmanship, and an unbeatable location come together.
  • Designed with premium finishes throughout, the home features hand-scraped hardwood flooring, elegant wainscoting, a custom staircase with wrought iron pickets, and...
  • The chef-inspired kitchen is equipped with KitchenAid appliances, a 6-burner gas cooktop, pot filler, built-in Bosch coffee maker, microwave, cooling drawers, a...
  • The basement offers 9-foot ceilings and a professionally designed golf simulator, creating the ultimate year-round entertainment space.
  • Step outside to a private backyard with direct access from the kitchen, a balcony overlooking the property, an irrigation system, and a spacious 3 car garage.

This is where luxury, craftsmanship, and an unbeatable location come together. Overlooking the scenic beauty of Fairy Lake and just steps from Historic Downtown Newmarket, this custom home offers an exceptional lifestyle inside and out. Designed with premium finishes throughout, the home features hand-scraped hardwood flooring, elegant wainscoting, a custom staircase with wrought iron pickets, and fireplaces in both the main living area and the primary bedroom. The chef-inspired kitchen is equipped with KitchenAid appliances, a 6-burner gas cooktop, pot filler, built-in Bosch coffee maker, microwave, cooling drawers, a full-size KitchenAid refrigerator, and a stunning 10-foot island perfect for entertaining.The basement offers 9-foot ceilings and a professionally designed golf simulator, creating the ultimate year-round entertainment space. Step outside to a private backyard with direct access from the kitchen, a balcony overlooking the property, an irrigation system, and a spacious 3 car garage.Additional premium upgrades include a Navien hot water on demand system, Reverse Osmosis water filtration, LifeBreath fresh air system, and a GeneralAire humidifier for year-round comfort and efficiency.Located minutes from parks, trails, restaurants, shopping, GO Transit, Highway 404, and the charm of Main Street, this home offers the perfect blend of luxury living and everyday convenience.This is a rare opportunity to own one of Newmarket's most impressive custom homes.

Key facts

Property type
Detached, 2-Storey
MLS®
N13684230
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
73.38 × 98.01 ft
Cross streets
Prospect/Gorham
Parking
3 garage · 7 parking (attached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Other
Property tax
$12,367 / 2025
Days on market
63
Listing brokerage
REALTY WEALTH GROUP INC.

Rooms

Primary BedroomSecond5.09 × 4.82 m

hardwood floor · 5 pc ensuite · w/o to balcony

Dining RoomMain4.65 × 4.10 m

hardwood floor · w/o to balcony · overlook water

Bedroom 3Second3.71 × 3.66 m

hardwood floor · semi ensuite · double closet

OfficeMain4.27 × 3.42 m

hardwood floor · semi ensuite · overlooks backyard

LaundrySecond2.43 × 1.83 m

Ceramic Floor

Bedroom 4Second4.10 × 3.00 m

hardwood floor · semi ensuite · double closet

Great RoomMain5.60 × 4.89 m

hardwood floor · w/o to balcony · overlook water

BreakfastMain5.32 × 3.71 m

hardwood floor · open concept · overlooks backyard

Bedroom 2Second3.71 × 3.66 m

hardwood floor · 4 pc ensuite · double closet

KitchenMain6.40 × 6.11 m

hardwood floor · centre island · stone counters

OtherMain3.05 × 2.92 m

hardwood floor · overlook water

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
$2.10Mavg 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 $666/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.60MThis home2.79M2.30M2.00M1.30MThis 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.

Gorham-College Manor
$1.04M
Bristol-London
$1.00M
Stonehaven-Wyndham
$1.47M
Huron Heights-Leslie Valley
$1.09M
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
$11,845/mo
$487KIncome needed
5.3×Price ÷ income
$2,734Weekly cost
$51,450Land 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.

92%mortgage
Mortgage $11,845Property tax $1,031Total carry $12,876

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)
$11,496per month

Mortgage amount $2,079,200 · 4.49% over 25 years

$519,800Down payment (20.0%)
$2,079,200Loan before insurance
$0CMHC premium
$12,527Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,496
Property tax
$1,031
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,527

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

One-time closing costs

Ontario land transfer tax
$51,450
Estimated closing costs
$51,450

Plus your down payment of $519,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,914/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

$1,369,676Total interest paid
$3,448,876Total of all payments
Principal $2,079,200 Interest $1,369,676
YearPrincipalInterestBalance
1$46,399$91,556$2,032,801
2$48,506$89,449$1,984,296
3$50,708$87,247$1,933,588
4$53,010$84,945$1,880,577
5$55,417$82,538$1,825,160
6$57,933$80,022$1,767,227
7$60,564$77,391$1,706,663
8$63,314$74,641$1,643,350
9$66,188$71,767$1,577,161
10$69,193$68,762$1,507,968
11$72,335$65,620$1,435,633
12$75,619$62,336$1,360,013
13$79,053$58,902$1,280,960
14$82,642$55,313$1,198,318
15$86,394$51,561$1,111,924
16$90,317$47,638$1,021,607
17$94,418$43,537$927,189
18$98,705$39,250$828,484
19$103,186$34,769$725,298
20$107,871$30,084$617,426
21$112,769$25,186$504,657
22$117,889$20,066$386,767
23$123,242$14,713$263,525
24$128,838$9,117$134,688
25$134,688$3,268$0

At the end of your 5-year term

Total paid over the term
$689,775
Principal paid down
$254,040
Interest paid
$435,735
Balance remaining
$1,825,160

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$6,300/mo
$75,600Gross annual rent
2.1%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.

2.9%
Gross yield
− Property tax $12,367− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $53,517

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

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