551 New England Court, Newmarket, ON
Summerhill Estates, Newmarket · MLS® N13741222
About this home
In short
- Wonderful semi-detached home in the sought-after Summer Hill Estates.
- This bright, spacious residence offers over 2,500 sq ft of finished living space, featuring 4 bedrooms and 4 bathrooms.
- The finished lower level includes a walk-out to the private backyard, ideal for seamless indoor-outdoor living and entertaining.
Wonderful semi-detached home in the sought-after Summer Hill Estates. This bright, spacious residence offers over 2,500 sq ft of finished living space, featuring 4 bedrooms and 4 bathrooms. The finished lower level includes a walk-out to the private backyard, ideal for seamless indoor-outdoor living and entertaining. Situated on a quiet court, the community is thoughtfully planned with bike paths and preserved green space just steps away, promoting an active, family-friendly lifestyle. Residents enjoy a private tennis court and a master-planned setting with parks, schools, and easy access to everyday essentials. Commuter-friendly location near Yonge Street, major highways, and GO Transit as well as shopping and amenities are close by; including Upper Canada Mall and private schools St. Andrew's College and St. Anne's. This turnkey, well-appointed home in a premier neighbourhood boasts notable upgrades, including a built-in microwave and oven, quartz countertops with matching backsplash, custom blinds, a gas cooktop, and dual-zone thermostat control which is ideal for families seeking space, convenience, and community amenities.
Key facts
- Property type
- Semi-Detached, 3-Storey
- MLS®
- N13741222
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 26 × 87.5 ft
- Cross streets
- Yonge St & St John's Sideroad
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,680 / 2025
- Days on market
- 46
- Listing brokerage
- CULTURELINK REALTY INC.
Rooms
wood · open concept · window
hardwood floor · w/o to balcony · closet
tile floor · w/o to porch · open concept
laminate · large window · 4 pc bath
laminate · w/o to yard
hardwood floor · fireplace · large window
hardwood floor · walk-in closet(s) · ensuite bath
tile floor · granite counters · stainless steel appl
hardwood floor · large window · closet
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
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.
Per square foot, these ask about $707/sqft; this home lists at $407/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Summerhill Estates, Newmarket, ON
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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) →
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $895,104 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,949
- Property tax
- $473
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,423
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,853
- Estimated closing costs
- $18,853
Plus your down payment of $223,776. 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
- $296,951
- Principal paid down
- $109,365
- Interest paid
- $187,586
- Balance remaining
- $785,739
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CULTURELINK REALTY INC.. MLS®/PropTx.