793 Prest Way, Newmarket, ON

Woodland Hill, Newmarket · MLS® N13730166

$1,225,000
For Sale
Listed 20 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • This stunning 4-bedroom, 4-bathroom home offering spacious living, elegant finishes, and an unbeatable location is close to many beautiful km's of trail systems and...
  • Designed with comfort and functionality in mind, this home features impressive 9-foot ceilings that create a bright and airy atmosphere throughout the main level.
  • The modern kitchen, with a 36" gas range/cooktop and stainless appliances, flows seamlessly into the family room, backyard and dining room, creating the ideal...
  • Upstairs, you'll find a primary bedroom retreat complete with a private 5-piece ensuite boasting a stand alone tub, oversized glass shower enclosure and double sinks...
  • The second, expansive bedroom has its own private 4-piece ensuite and double closet.

Welcome to 739 Prest! This stunning 4-bedroom, 4-bathroom home offering spacious living, elegant finishes, and an unbeatable location is close to many beautiful km's of trail systems and outdoor amenities. Designed with comfort and functionality in mind, this home features impressive 9-foot ceilings that create a bright and airy atmosphere throughout the main level. The thoughtfully designed layout offers generous living and dining spaces perfect for both everyday living and entertaining.The modern kitchen, with a 36" gas range/cooktop and stainless appliances, flows seamlessly into the family room, backyard and dining room, creating the ideal gathering space for family and guests at any time of the year. Upstairs, you'll find a primary bedroom retreat complete with a private 5-piece ensuite boasting a stand alone tub, oversized glass shower enclosure and double sinks set into a huge vanity, finished off with a walk-in closet with a full closet organizer. The second, expansive bedroom has its own private 4-piece ensuite and double closet. Bedrooms 3 and 4 share a 4-piece ensuite of their own. Laundry is located on the second floor for your convenience. The basement is an unspoiled pallet for your imagination. You'll notice the backyard is fully fenced and gated for your furry friends and the kids to play safely with the play set provided. The Elvidge Park, just steps away from your driveway, is slated to open in 2026, barring any delays, and the details are highlighted in the attached photos. This is your chance to settle in the quietest and most prestigious part of Woodland Hills, the most coveted area of Newmarket!

Key facts

Property type
Detached, 2-Storey
MLS®
N13730166
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
36.15 × 98.6 ft
Cross streets
Bathurst/Green Lane
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,008 / 2025
Days on market
20
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE

Rooms

Primary BedroomSecond4.80 × 4.34 m

5 pc ensuite · walk-in closet(s) · ceiling fan(s)

Bedroom 3Second3.66 × 3.00 m

broadloom · 4 pc ensuite · closet

Dining RoomMain9.88 × 4.80 m

hardwood floor · open concept · combined w/family

Family RoomMain9.88 × 4.80 m

gas fireplace · california shutters · combined w/dining

Bedroom 4Second3.66 × 3.20 m

broadloom · 4 pc ensuite · closet

KitchenMain5.92 × 3.18 m

breakfast bar · w/o to yard · ceramic backsplash

LaundrySecond3.07 × 1.85 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.19Mlikely sale price

Listed at $1,225,000. Going by how homes in Woodland Hill and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $1.19M, if it sells. A realistic range is $1.11M to $1.34M.

Independent value check: $1.21M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.13M and $1.27M).

Why $1.21M. The typical detached home sold in Woodland Hill over the past year went for about $1.15M (61 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,008 a year; the typical home sold here pays about $6,200.
  • ▲ Raises it slightlyIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
List price
$1.11MBelow recent closings$1.34MAbove recent closings

Total price vs nearby homes. Likely closing about $1.19M, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$1.11Mmedian sold price
97%of asking, on average
−10%prices vs a year ago
~20 dayshomes like this take to sell
20days on market so far
$4,214/moest. rent · 31 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 13 detached homes for sale in the area against 18 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 $445/sqft against an area asking average of $478/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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.15M. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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

Based on 18 comparable homes that sold in Woodland Hill over the past two years, from 121 closings there.

What sellers nearby are askingCurrently listed nearby in Woodland Hill · asking prices
$1.24Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $426/sqft; this home lists at $445/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.23MThis home1.24M1.10M1.40MThis home vs active comparables

Neighbourhood & location

Woodland Hill, 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
$1.39M
Bristol-London
$1.13M
Central Newmarket
$969K
Summerhill Estates
$1.12M
Huron Heights-Leslie Valley
$857K

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 Phoebe Gilman PS
77%
Phoebe Gilman PSPublic · Elementary · JK-8 · 1.1 km awayAbove the GTA average · 77% meet the provincial standard
Sacred HeartEQAO results not published
Also nearby: 3 more schools within 2.5 km
Alexander Muir Public School · Public elementary0.9 km · 79% at standard
Poplar Bank Public School · Public elementary1.3 km · 81% at standard
Crossland Public School · Public elementary2.4 km · 80% at standard

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

Affordability & Mortgage

Affordability
$5,583/mo
$235KIncome needed
5.2×Price ÷ income
$1,288Weekly cost
$20,975Land 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 $5,583Property tax $584Total carry $6,167

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%
$
%
4.39%
%
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)
$5,364per month

Mortgage amount $980,000 · 4.39% over 25 years

$245,000Down payment (20.0%)
$980,000Loan before insurance
$0CMHC premium
$5,948Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,364
Property tax
$584
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,948

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

One-time closing costs

Ontario land transfer tax
$20,975
Estimated closing costs
$20,975

Plus your down payment of $245,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$6,499/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

$629,280Total interest paid
$1,609,280Total of all payments
Principal $980,000 Interest $629,280
YearPrincipalInterestBalance
1$22,176$42,195$957,824
2$23,160$41,211$934,663
3$24,188$40,183$910,475
4$25,262$39,109$885,213
5$26,383$37,988$858,830
6$27,554$36,817$831,276
7$28,777$35,594$802,500
8$30,054$34,317$772,446
9$31,388$32,983$741,058
10$32,781$31,590$708,277
11$34,236$30,135$674,041
12$35,755$28,616$638,286
13$37,342$27,029$600,944
14$38,999$25,372$561,944
15$40,730$23,641$521,214
16$42,538$21,833$478,676
17$44,426$19,945$434,250
18$46,398$17,974$387,853
19$48,457$15,914$339,396
20$50,607$13,764$288,789
21$52,853$11,518$235,935
22$55,199$9,172$180,736
23$57,649$6,722$123,087
24$60,208$4,164$62,880
25$62,880$1,492$0

At the end of your 5-year term

Total paid over the term
$321,856
Principal paid down
$121,170
Interest paid
$200,686
Balance remaining
$858,830

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 31 whole-home leases in Woodland Hill$4,214/mo
$50,568Gross annual rent
3.0%Cap rate after taxes and upkeep
$4,003 to $4,483Typical rent range
~27 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 31 whole-home leases in Woodland Hill signed at a median of $3,938 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,214. 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.

4.1%
Gross yield
− Property tax $7,008− Insurance $1,400− Vacancy & upkeep $5,562Net operating income $36,597

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.

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