139 Rhodes Circle, Newmarket, ON

Glenway Estates, Newmarket · MLS® N13702946

$1,588,880
For Sale
Listed 31 days agoNo offer date stated
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5+1Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome home to a fully & tastefully renovated 2921 sq ft family home providing thoughtfully designed living space in Newmarket's highly sought-after Glenway Estates...
  • Step through the grand cathedral foyer, where a striking open-riser staircase creates an impressive focal point, setting the tone for the home's elegant interior.
  • The bright and inviting main floor features oversized principal rooms and tasteful finishes, seamlessly balancing an open-concept flow with well-defined living spaces.
  • The fully reconfigured chef's kitchen overlooking the family room features transitional custom cabinetry and an oversized centre island with an extensive breakfast...
  • Four generously sized bedrooms provide ample room for the entire family, including a luxurious primary retreat featuring sleek built-ins, two walk-in closets and a...

Welcome home to a fully & tastefully renovated 2921 sq ft family home providing thoughtfully designed living space in Newmarket's highly sought-after Glenway Estates community. With 5+1 spacious bedrooms (including a rare main level bedroom) and a professionally finished lower level, this exceptional residence offers the perfect blend of comfort, style and versatility for growing and multi-generational families. Step through the grand cathedral foyer, where a striking open-riser staircase creates an impressive focal point, setting the tone for the home's elegant interior. The bright and inviting main floor features oversized principal rooms and tasteful finishes, seamlessly balancing an open-concept flow with well-defined living spaces. The fully reconfigured chef's kitchen overlooking the family room features transitional custom cabinetry and an oversized centre island with an extensive breakfast bar and a walk-out. The inviting family room boasts a gas fireplace with striking stone surround. The convenient main-level bedroom (or office/den) comes complete with a private ensuite for added flexibility. Upstairs, a bright & spacious landing showcases an inviting overhead skylight. Four generously sized bedrooms provide ample room for the entire family, including a luxurious primary retreat featuring sleek built-ins, two walk-in closets and a modern 5-piece spa-inspired ensuite. The fully finished lower level extends the home's living space with a large recreation area, versatile bonus room and a full bathroom. Step outside to your own private backyard retreat complete with an elevated deck, decorative privacy screens and a fully fenced yard. Perfectly situated in the heart of Newmarket, this desirable family home is just minutes from top-rated schools, parks, scenic trails, golf, shopping, restaurants, public transit and all amenities. A rare opportunity to own a unique, beautifully updated property that delivers exceptional space, style and functionality!

Key facts

Property type
Detached, 2-Storey
MLS®
N13702946
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
50.03 × 114.86 ft
Cross streets
Bathurst & Mulock
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,343 / 2026
Days on market
31
Listing brokerage
RE/MAX ALL-STARS REALTY INC.

Rooms

KitchenMain6.71 × 4.67 m

modern kitchen · centre island · w/o to deck

OtherLower3.66 × 3.61 m

Double Closet

Primary BedroomSecond4.93 × 4.75 m

5 pc ensuite · hardwood floor · his and hers closets

Bedroom 3Second3.59 × 3.45 m

hardwood floor · double closet · large window

BedroomMain3.51 × 3.07 m

3 pc ensuite · hardwood floor · large window

Bedroom 4Second3.58 × 3.30 m

hardwood floor · large window · large closet

Bedroom 2Second4.27 × 3.45 m

semi ensuite · hardwood floor · walk-in closet(s)

RecreationLower0.00 × 0.00 m

open concept · window

Living RoomMain8.99 × 3.40 m

hardwood floor · vaulted ceiling(s) · combined w/dining

Family RoomMain5.86 × 3.58 m

hardwood floor · gas fireplace · pot lights

Dining RoomMain8.99 × 3.40 m

combined w/living · hardwood floor · pot lights

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.59Mlikely sale price

Listed at $1,588,880. Going by how homes in Glenway Estates and the wider GTA have actually closed against their asking prices (about 100%, 14 local closings in 90 days), the likely sale price is near $1.59M, if it sells. A realistic range is $1.49M to $1.79M.

Independent value check: $1.33M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.25M and $1.40M).

Why $1.33M. The typical detached home sold in Glenway Estates over the past year went for about $1.28M (49 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,343 a year; the typical home sold here pays about $6,600.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.49MBelow recent closings$1.79MAbove recent closings

Total price vs nearby homes. Likely closing about $1.59M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.29Mmedian sold price
104%of asking, on average
−7%prices vs a year ago
~18 dayshomes like this take to sell
31days on market so far
$4,228/moest. rent · 5 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 5 detached homes for sale in the area against 14 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 $578/sqft against an area asking average of $458/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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.27M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Crossland PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 14 comparable homes that sold in Glenway Estates over the past two years, from 86 closings there.

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.

Summerhill Estates
$1.12M
Woodland Hill
$1.13M
Central Newmarket
$946K
Bristol-London
$1.13M
Gorham-College Manor
$1.04M

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Crossland PS
80%
Crossland PSPublic · Elementary · JK-8 · 0.8 km awayAbove the GTA average · 80% meet the provincial standard
Sacred HeartEQAO results not published
Also nearby: 6 more schools within 2.5 km
St Nicholas Catholic Elementary School · Catholic elementary0.3 km · 80% at standard
Clearmeadow Public School · Public elementary1.1 km · 69% at standard
Terry Fox Public School · Public elementary1.6 km · 80% at standard
Alexander Muir Public School · Public elementary1.7 km · 79% at standard
St John Chrysostom Catholic Elementary School · Catholic elementary2.2 km · 67% at standard
St Paul Catholic Elementary School · Catholic elementary2.4 km · 65% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,242/mo
$298KIncome needed
5.3×Price ÷ income
$1,671Weekly cost
$28,253Land 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 $7,242Property tax $612Total carry $7,854

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,958per month

Mortgage amount $1,271,104 · 4.39% over 25 years

$317,776Down payment (20.0%)
$1,271,104Loan before insurance
$0CMHC premium
$7,570Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,958
Property tax
$612
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,570

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

One-time closing costs

Ontario land transfer tax
$28,253
Estimated closing costs
$28,253

Plus your down payment of $317,776. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,430/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

$816,205Total interest paid
$2,087,309Total of all payments
Principal $1,271,104 Interest $816,205
YearPrincipalInterestBalance
1$28,764$54,729$1,242,340
2$30,040$53,452$1,212,300
3$31,373$52,119$1,180,927
4$32,766$50,727$1,148,161
5$34,220$49,272$1,113,941
6$35,739$47,754$1,078,203
7$37,325$46,168$1,040,878
8$38,981$44,511$1,001,897
9$40,711$42,781$961,185
10$42,518$40,974$918,667
11$44,405$39,087$874,261
12$46,376$37,116$827,885
13$48,434$35,058$779,451
14$50,584$32,908$728,867
15$52,829$30,663$676,038
16$55,174$28,319$620,864
17$57,622$25,870$563,242
18$60,180$23,313$503,062
19$62,851$20,642$440,212
20$65,640$17,852$374,572
21$68,553$14,939$306,019
22$71,596$11,897$234,423
23$74,773$8,719$159,650
24$78,092$5,400$81,558
25$81,558$1,935$0

At the end of your 5-year term

Total paid over the term
$417,462
Principal paid down
$157,163
Interest paid
$260,299
Balance remaining
$1,113,941

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 5 whole-home leases in Glenway Estates$4,228/mo
$50,736Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,720 to $4,735Typical rent range
~37 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 5 whole-home leases in Glenway Estates signed at a median of $4,778 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,228. 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.

3.2%
Gross yield
− Property tax $7,343− Insurance $1,400− Vacancy & upkeep $5,581Net operating income $36,412

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

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