108 Avenue Road, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13730358

$2,299,000
For Sale
Listed 49 days agoNo offer date stated
4+1Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • A home that truly stands apart.
  • Step inside to soaring 10 ft main-floor ceilings, rich hardwood flooring and beautiful designer lighting.
  • The expansive open-concept layout is filled with natural light, while oversized sliding doors create a seamless connection between the indoor and outdoor living...
  • At the centre of the home is a stunning chef-inspired kitchen featuring vaulted ceilings, quartz countertops and premium finishes, all designed with both everyday...
  • The professionally finished lower level adds even more versatility with 9 ft ceilings and a separate entrance from the garage, creating an excellent space for...

Exceptional design. Incredible privacy. A home that truly stands apart. Tucked away at the end of a quiet cul-de-sac and surrounded by mature trees, this spectacular custom-built residence offers an impressive combination of luxury, space and privacy, just minutes from downtown Newmarket.Step inside to soaring 10 ft main-floor ceilings, rich hardwood flooring and beautiful designer lighting. The expansive open-concept layout is filled with natural light, while oversized sliding doors create a seamless connection between the indoor and outdoor living spaces-ideal for entertaining family and friends. At the centre of the home is a stunning chef-inspired kitchen featuring vaulted ceilings, quartz countertops and premium finishes, all designed with both everyday living and entertaining in mind. Upstairs, you'll find four spacious bedrooms, each with its own private ensuite and walk-in closet. The primary suite is a true retreat, complete with a magazine-worthy, spa-inspired ensuite designed for relaxation.The professionally finished lower level adds even more versatility with 9 ft ceilings and a separate entrance from the garage, creating an excellent space for extended family, guests, a home office or additional living space.From its thoughtfully designed interior to its private setting among mature trees, this is a home where quality craftsmanship and attention to detail can be seen throughout.Custom built. Beautifully finished. Exceptionally private. And only minutes from everything Newmarket has to offer. (3874 Sq ft + 1000 Sq Ft Basement at $450 a sq ft to build + land costs + development fees, + extras) = Well over the asking price.

Key facts

Property type
Detached, 2-Storey
MLS®
N13730358
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
64.29 × 245.26 ft
Cross streets
Avenue / Carol
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Other, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$9,977 / 2025
Days on market
49
Listing brokerage
COMFLEX REALTY INC.

Rooms

Living RoomGround5.79 × 5.18 m

hardwood floor · sliding doors · gas fireplace

RecreationBasement5.08 × 7.04 m

laminate · open concept · pot lights

KitchenGround5.99 × 4.29 m

vaulted ceiling(s) · hardwood floor · w/o to yard

BedroomBasement4.17 × 4.01 m

laminate · closet · window

Bedroom 3Second4.01 × 4.41 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Dining RoomGround4.57 × 3.96 m

hardwood floor · pot lights · quartz counter

Bedroom 4Second3.71 × 3.28 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

Primary BedroomSecond4.34 × 5.18 m

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

RecreationBasement9.07 × 3.78 m

laminate · open concept · pot lights

OfficeGround3.33 × 3.76 m

hardwood floor · glass doors · pot lights

Mud RoomGround2.97 × 1.83 m

tile floor · access to garage

Bedroom 2Second3.81 × 3.28 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Central Newmarket, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$10,478/mo
$428KIncome needed
5.4×Price ÷ income
$2,418Weekly cost
$43,950Land 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.

93%mortgage
Mortgage $10,478Property tax $831Total carry $11,309

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)
$10,169per month

Mortgage amount $1,839,200 · 4.49% over 25 years

$459,800Down payment (20.0%)
$1,839,200Loan before insurance
$0CMHC premium
$11,001Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,169
Property tax
$831
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,001

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

One-time closing costs

Ontario land transfer tax
$43,950
Estimated closing costs
$43,950

Plus your down payment of $459,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,308/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

$1,211,576Total interest paid
$3,050,776Total of all payments
Principal $1,839,200 Interest $1,211,576
YearPrincipalInterestBalance
1$41,043$80,988$1,798,157
2$42,907$79,124$1,755,250
3$44,855$77,176$1,710,395
4$46,891$75,140$1,663,504
5$49,020$73,011$1,614,484
6$51,246$70,785$1,563,238
7$53,573$68,458$1,509,665
8$56,005$66,026$1,453,659
9$58,548$63,483$1,395,111
10$61,207$60,825$1,333,905
11$63,986$58,045$1,269,919
12$66,891$55,140$1,203,028
13$69,928$52,103$1,133,100
14$73,103$48,928$1,059,998
15$76,422$45,609$983,576
16$79,892$42,139$903,684
17$83,519$38,512$820,164
18$87,311$34,720$732,853
19$91,276$30,755$641,577
20$95,420$26,611$546,157
21$99,752$22,279$446,405
22$104,282$17,749$342,123
23$109,016$13,015$233,107
24$113,966$8,065$119,141
25$119,141$2,890$0

At the end of your 5-year term

Total paid over the term
$610,155
Principal paid down
$224,716
Interest paid
$385,439
Balance remaining
$1,614,484

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$7,350/mo
$88,200Gross annual rent
2.9%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 $9,977− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $67,121

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

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