21-520 Silken Laumann Drive, Newmarket, ON

Stonehaven-Wyndham, Newmarket · MLS® N13752716

$869,900
For Sale
Listed 41 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
1800-1999Sq ft

About this home

In short

  • Welcome to 520 Silken Laumann Dr #21 in Newmarket's popular Legends golf course community.
  • This spacious stacked townhouse offers almost 1,900 sq. ft. all on one level, with a bright open-concept layout and plenty of room for comfortable living.
  • Features include hardwood flooring, updated appliances, a large laundry and storage room, and an extended 2-car garage.
  • Close to shops, restaurants, parks and everyday amenities.

Welcome to 520 Silken Laumann Dr #21 in Newmarket's popular Legends golf course community. This spacious stacked townhouse offers almost 1,900 sq. ft. all on one level, with a bright open-concept layout and plenty of room for comfortable living. A great choice for retirees who want easy one-level living, or young families looking for more space. Enjoy two private balconies with east- and west-facing views over the golf course community. Features include hardwood flooring, updated appliances, a large laundry and storage room, and an extended 2-car garage. Close to shops, restaurants, parks and everyday amenities. A comfortable and convenient home in a great Newmarket location....

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13752716
Bedrooms
2
Bathrooms
2
Size
1800-1999 sq ft
Cross streets
Bayview / St. John's
Parking
2 garage (detached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$575/mo
Exposure
East
Property tax
$4,393 / 2026
Days on market
41
Listing brokerage
RE/MAX REALTRON WENDY ZHENG REALTY

Rooms

Primary BedroomMain6.33 × 4.30 m

hardwood floor · coffered ceiling(s) · bow window

BedroomMain3.60 × 3.13 m

hardwood floor · double closet · california shutters

Living RoomMain10.10 × 4.19 m

hardwood floor · fireplace · w/o to balcony

Dining RoomMain4.14 × 3.39 m

hardwood floor · combined w/living · open concept

KitchenMain6.02 × 2.38 m

ceramic floor · eat-in kitchen · breakfast bar

BreakfastMain4.14 × 2.69 m

ceramic floor · california shutters · w/o to balcony

LaundryMain4.04 × 2.31 m

Ceramic Floor

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$717Kautomated estimate, from recent sales

Listed at $869,900, about 21% above our estimate of $717K (homes like it typically land between $667K and $753K).

List price
$667KBelow our range$870KAbove our range

Total price vs nearby homes. Fair value about $717K, learned from recent GTA sales.

The market behind the math:

41days on market so far
$3,089/moest. rent · 5 leases
4.3%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $458/sqft against an area asking average of $541/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 and this building.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $885K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($458/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Stonehaven-Wyndham, so I widened the search to the surrounding area.

Based on 10 comparable homes that sold in Stonehaven-Wyndham over the past two years, from 13 closings there.

What sellers nearby are askingCurrently listed nearby in Stonehaven-Wyndham · asking prices
$910kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $717K, which is where my estimate comes from.

Per square foot, these ask about $520/sqft; this home lists at $458/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
870kThis home690k775k1.20M978kThis home vs active comparables

Neighbourhood & location

Stonehaven-Wyndham, 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.

Armitage
$665K
Central Newmarket
$684K
Glenway Estates
$686K

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

Affordability
$3,965/mo
$177KIncome needed
4.9×Price ÷ income
$915Weekly cost
$13,873Land 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.

81%mortgage
Mortgage $3,965Property tax $366Condo fee $575Total carry $4,906

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%
$
%
4.49%
%
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)
$3,848per month

Mortgage amount $695,920 · 4.49% over 25 years

$173,980Down payment (20.0%)
$695,920Loan before insurance
$0CMHC premium
$4,789Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,848
Property tax
$366
Condo / maintenance fees
$575
Heating
$0
Estimated monthly cost
$4,789

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

One-time closing costs

Ontario land transfer tax
$13,873
Estimated closing costs
$13,873

Plus your down payment of $173,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,657/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

$458,438Total interest paid
$1,154,358Total of all payments
Principal $695,920 Interest $458,438
YearPrincipalInterestBalance
1$15,530$30,644$680,390
2$16,235$29,939$664,155
3$16,972$29,202$647,183
4$17,743$28,431$629,440
5$18,548$27,626$610,891
6$19,391$26,784$591,501
7$20,271$25,903$571,230
8$21,191$24,983$550,038
9$22,154$24,021$527,885
10$23,159$23,015$504,725
11$24,211$21,963$480,514
12$25,310$20,864$455,204
13$26,459$19,715$428,745
14$27,661$18,514$401,084
15$28,917$17,258$372,167
16$30,230$15,945$341,938
17$31,602$14,572$310,335
18$33,037$13,137$277,298
19$34,537$11,637$242,761
20$36,105$10,069$206,656
21$37,745$8,430$168,912
22$39,458$6,716$129,453
23$41,250$4,925$88,203
24$43,123$3,052$45,081
25$45,081$1,094$0

At the end of your 5-year term

Total paid over the term
$230,872
Principal paid down
$85,029
Interest paid
$145,843
Balance remaining
$610,891

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 Stonehaven-Wyndham$3,089/mo
$37,068Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,718 to $3,460Typical rent range

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 Stonehaven-Wyndham signed at a median of $3,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,089. 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.

4.3%
Gross yield
− Property tax $4,393− Condo fees $6,900− Insurance $600− Vacancy & upkeep $4,077Net operating income $21,097

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

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