203-400 Park Avenue, Newmarket, ON
Central Newmarket, Newmarket · MLS® N13765786
About this home
Welcome To The King George School Lofts!*This Stunning 1 Bedroom Loft Offers South/West Views Just Steps to Historic Downtown Newmarket, You Truly Can't Beat The Location!*This Beautifully Designed Unit Showcases Soaring 12'8" Ceilings, Rich Hardwood Flooring, Oversized Windows And An Elegant Open-Concept Layout Filled With Natural Light Throughout*The Kitchen Is Thoughtfully Appointed With Quartz Countertops, A Freestanding Centre Island, And Full-Size Stainless Steel Appliances, Making It Ideal For Both Everyday Living And Entertaining*The 4 Piece Bathroom Is Finished With Marble, Adding Another Touch Of Luxury To The Space*Freshly Painted And Loaded With Upgrades, This Unit Includes Automatic Window Coverings, Custom Built-In Cabinetry, Oversized Closets, And An Abundance Of Storage Throughout*Enjoy The Convenience Of In-Suite Laundry And An Owned, Covered Parking Space*Located In An Unbeatable Area Close To Main Street's Shops, Restaurants, Cafes, And All Amenities That This Sought-After Area Offers*This Exceptional Loft Is Perfect For Those Seeking Style, Comfort, And Convenience In A Prime Location!*Don't Miss It!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13765786
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Park Ave & Victoria St
- Parking
- 1 garage (carport)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $683/mo
- Exposure
- South West
- Property tax
- $3,495 / 2025
- Days on market
- 39
- Listing brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Rooms
hardwood floor · double closet · b/i shelves
hardwood floor · b/i appliances · centre island
hardwood floor · open concept · large window
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
For sale
For sale
For sale
For sale
For sale
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 $742/sqft; this home lists at $908/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Central Newmarket, Newmarket, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 $471,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,610
- Property tax
- $291
- Condo / maintenance fees
- $683
- Heating
- $0
- Estimated monthly cost
- $3,584
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,275
- Estimated closing costs
- $8,275
Plus your down payment of $118,000. 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
- $156,586
- Principal paid down
- $57,670
- Interest paid
- $98,916
- Balance remaining
- $414,330
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
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 RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.