187 Glenway Circle, Newmarket, ON
Glenway Estates, Newmarket · MLS® N13736126
About this home
In short
- Welcome to this stunning 4+1 bedroom home, where modern updates, timeless comfort, and exceptional outdoor living come together beautifully.
- The backyard is truly a private oasis, featuring a sparkling pool, expansive composite deck with a covered seating area and quality shingled roof, all surrounded by a...
- Inside, you'll discover a beautifully updated home showcasing numerous quality renovations and thoughtful improvements throughout.
- The fully finished basement with a separate entrance offers exceptional flexibility and additional living space.
- A truly special home offering extensive updates, generous living space, a private backyard oasis, and a fantastic location.
Welcome to this stunning 4+1 bedroom home, where modern updates, timeless comfort, and exceptional outdoor living come together beautifully. Situated on a private, meticulously landscaped lot backing onto greenspace with no homes behind, this property offers an incredible sense of peace, privacy, and tranquility.The backyard is truly a private oasis, featuring a sparkling pool, expansive composite deck with a covered seating area and quality shingled roof, all surrounded by a lush, mature cedar hedge. Perfect for relaxing, entertaining, and enjoying summer days with family and friends.Inside, you'll discover a beautifully updated home showcasing numerous quality renovations and thoughtful improvements throughout. The renovated kitchen features granite countertops, stainless-steel appliances, and a functional layout ideal for everyday living and entertaining. The spacious primary suite provides a peaceful retreat, complete with a gorgeous ensuite featuring a glass-enclosed shower, freestanding soaker tub, and private water closet.The fully finished basement with a separate entrance offers exceptional flexibility and additional living space. Designed with entertaining and functionality in mind, it features a spacious recreation room, custom bar, additional bedroom, workshop, and a large finished storage room. Potential rental income of up to $2,300/month adds even more versatility and value.With over 3,000 sq. ft. of total living space, this exceptional home provides generous room for the entire family. Enjoy the convenience of being within a short walk to the Newmarket Bus Terminal, offering YRT, VIVA, and GO Bus service, and just a 7-minute drive to the GO Train.A truly special home offering extensive updates, generous living space, a private backyard oasis, and a fantastic location. A rare opportunity to enjoy comfort, privacy, and convenience all in one exceptional property.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13736126
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 50.16 × 131.31 ft
- Cross streets
- Davis/Egle
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Available
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Outdoor, Salt
- Property tax
- $6,884 / 2026
- Days on market
- 19
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
backsplash · laminate
Above Grade Window
hardwood floor · b/i bar
dry bar · pot lights
pantry · pot lights · w/o to garden
Hardwood Floor
laminate · bay window · open concept
laminate · pot lights
large closet · pot lights
w/w closet · 3 pc bath
large window · open concept · w/o to garage
carpet free · 2 pc bath
b/i appliances · ceramic backsplash · w/o to balcony
Listed at $1,688,000. 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 $1.69M, if it sells. A realistic range is $1.59M to $1.91M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $1.69M, from 14 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 14 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $519/sqft against an area asking average of $489/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Glenway Estates: 14 of the 64 detached leases here lately were basement units, around $1,975 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Newmarket.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 $1.29M. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
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.
For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $478/sqft; this home lists at $519/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Glenway Estates, Newmarket, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,350,400 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,392
- Property tax
- $574
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,965
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,235
- Estimated closing costs
- $30,235
Plus your down payment of $337,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $443,504
- Principal paid down
- $166,967
- Interest paid
- $276,538
- Balance remaining
- $1,183,433
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.
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
The suite is real income here: basements rent in Glenway Estates (14 of 64 recent detached leases were basement units, around $1,975 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,975 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 20 whole-home leases in Glenway Estates signed at a median of $4,515 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,400. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.