919 Caribou Valley Circle, Newmarket, ON

Armitage, Newmarket · MLS® N13755160

$658,888
For Sale
Listed 41 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Parking
1000-1199Sq ft

About this home

Attention One And All Great Townhouse In Prime Area, Walk-out Finished Basement Close To All Amenities, Property Rented For Last 4 Years To Great Tenants That Would Like To Stay- perfect For Investors. Some photos are virtually staged. Please remember that today's prices are tomorrow's profits.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13755160
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Yonge St/ Savage Rd
Parking
2 parking
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$330/mo
Exposure
North
Property tax
$3,046 / 2025
Days on market
41
Listing brokerage
ROYAL LEPAGE PREMIUM ONE REALTY

Rooms

RecreationBasement7.00 × 3.00 m

Walk-Out

Primary BedroomSecond5.50 × 4.00 m
Living RoomMain4.00 × 3.00 m
LaundryBasement0.00 × 0.00 m
Bedroom 3Second3.00 × 2.80 m
KitchenMain5.00 × 2.50 m

walk-out · ceramic floor

Bedroom 2Second3.00 × 2.50 m
Our TakeTeam Asgarian · Broker
No automatic estimate

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
What sellers nearby are askingCurrently listed nearby in Armitage · asking prices
$668kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.

Per square foot, these ask about $477/sqft; this home lists at $599/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
659kThis home675k729k599kThis home vs active comparables

Neighbourhood & location

Armitage, 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.

Stonehaven-Wyndham
$902K
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
$3,003/mo
$132KIncome needed
5.0×Price ÷ income
$693Weekly cost
$9,653Land 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.

84%mortgage
Mortgage $3,003Property tax $254Condo fee $330Total carry $3,587

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)
$2,914per month

Mortgage amount $527,110 · 4.49% over 25 years

$131,778Down payment (20.0%)
$527,110Loan before insurance
$0CMHC premium
$3,498Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,914
Property tax
$254
Condo / maintenance fees
$330
Heating
$0
Estimated monthly cost
$3,498

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

One-time closing costs

Ontario land transfer tax
$9,653
Estimated closing costs
$9,653

Plus your down payment of $131,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,528/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

$347,235Total interest paid
$874,345Total of all payments
Principal $527,110 Interest $347,235
YearPrincipalInterestBalance
1$11,763$23,211$515,348
2$12,297$22,677$503,051
3$12,855$22,119$490,195
4$13,439$21,535$476,756
5$14,049$20,925$462,707
6$14,687$20,287$448,020
7$15,354$19,620$432,666
8$16,051$18,923$416,615
9$16,780$18,194$399,836
10$17,542$17,432$382,294
11$18,338$16,636$363,956
12$19,171$15,803$344,785
13$20,041$14,933$324,744
14$20,951$14,023$303,793
15$21,902$13,071$281,890
16$22,897$12,077$258,994
17$23,936$11,037$235,057
18$25,023$9,951$210,034
19$26,159$8,814$183,875
20$27,347$7,627$156,527
21$28,589$6,385$127,939
22$29,887$5,087$98,052
23$31,244$3,730$66,808
24$32,662$2,311$34,145
25$34,145$828$0

At the end of your 5-year term

Total paid over the term
$174,869
Principal paid down
$64,403
Interest paid
$110,466
Balance remaining
$462,707

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$3,400/mo
$40,800Gross annual rent
4.4%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.

6.2%
Gross yield
− Property tax $3,046− Condo fees $3,963− Insurance $600− Vacancy & upkeep $4,488Net operating income $28,704

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

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