263 Chambers Crescent, Newmarket, ON
Armitage, Newmarket · MLS® N13774846
About this home
In short
- Stunning 4+2 Bdrm, 4-bath Executive home on a 58 x 111' Premium Lot on a family-friendly, Quiet Crescent in South Newmarket's desirable Armitage Village Neighbourhood...
- 2,500 sf floorplan + Permitted Separate Entrance to In-Law Suite, designed for everyday living w space for a growing multi-generational family or potential for extra...
- Gather w Family in the Renovated Eat-in Chef's Kitchen featuring rich Stone counters, SS Appliances, Breakfast Bar & W/O to private fenced backyard & Deck.
- Retreat to the spacious Primary suite w sitting room, 5 Piece Ensuite Bathrm & Large Organized Walk-In Closet.
- The Finished Basement space offers incredible flexibility & a well-appointed 900 sq ft, 2 Bdrm In-Law Suite w 2nd Kitchen & Laundry plus 3 Piece Bathrm, ideal for...
Stunning 4+2 Bdrm, 4-bath Executive home on a 58 x 111' Premium Lot on a family-friendly, Quiet Crescent in South Newmarket's desirable Armitage Village Neighbourhood w Sunny East/West Exposure. Ideal Open Concept approx. 2,500 sf floorplan + Permitted Separate Entrance to In-Law Suite, designed for everyday living w space for a growing multi-generational family or potential for extra income! Gather w Family in the Renovated Eat-in Chef's Kitchen featuring rich Stone counters, SS Appliances, Breakfast Bar & W/O to private fenced backyard & Deck. The Kitchen O/Looks a modern family rm w Custom Built-In Enertainment Centre & cozy Fireplace for relaxed movie nights. A seamless flow into the upgraded Living/Dining rms w LED pot lights is perfect for quiet evenings or family celebrations. Retreat to the spacious Primary suite w sitting room, 5 Piece Ensuite Bathrm & Large Organized Walk-In Closet! Plus 3 additional generously-sized bdrms, each w Double closets. The Finished Basement space offers incredible flexibility & a well-appointed 900 sq ft, 2 Bdrm In-Law Suite w 2nd Kitchen & Laundry plus 3 Piece Bathrm, ideal for extended family, guests, or additional living space. Step outside to a Private Fully-Fenced Backyard w Deck ideal for kids & pets to play, or easy summer BBQ's & outdoor entertaining. Dbl Garage & Driveway w No Sidewalks provide Parking for 6+ vehicles and storage for all the toys! $$ Spent: Permitted Separate Entrance 2019, Gas Furnace & Tankless HWH 2019, laminate floors main, Upgraded Vinyl Windows, Roof Shingles, Exterior Doors/Garage Doors & more! Steps to Top-Rated Schools, Park, Tom Taylor Trail, Groceries & Yonge St Shopping & Amenities. Minutes to Viva & GO Transit, Hwy 404 & 400, Southlake Regional Hospital, Upper Canada Mall, Ray Twinney & Magna Community Centres. A perfect blend of style, functionality & location; this home is thoughtfully designed for a growing family in a sought-after, low-turnover neighbourhood ready for you to call Home!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13774846
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 58.18 × 109.88 ft
- Cross streets
- Yonge St & Mulock Dr
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,387 / 2026
- Days on market
- 10
- Listing brokerage
- RE/MAX REALTRON TURNKEY REALTY
Rooms
broadloom · ceiling fan(s) · double closet
5 pc ensuite · walk-in closet(s) · combined w/sitting
laminate · above grade window · stainless steel appl
fireplace · pot lights · b/i shelves
laminate · semi ensuite · above grade window
renovated · granite counters · stainless steel appl
porcelain floor · pot lights · crown moulding
laminate · pot lights · picture window
laminate · crown moulding · french doors
broadloom · ceiling fan(s) · double closet
ceramic floor · laundry sink · access to garage
broadloom · ceiling fan(s) · double closet
laminate · above grade window · open concept
laminate · pot lights · above grade window
laminate · pot lights · open concept
w/o to deck · open concept · pot lights
Concrete Floor
Listed at $1,277,000, about 3% above our estimate of $1.24M (homes like it typically land between $1.16M and $1.30M).
Why $1.24M. The typical detached home sold in Armitage over the past year went for about $1.24M (21 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Fair value about $1.24M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $464/sqft against an area asking average of $501/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Armitage: 11 of the 46 detached leases here lately were basement units, around $1,990 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.
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 30 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.25M. 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
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- 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 (Armitage Village PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Armitage, so I widened the search to the surrounding area.
Based on 30 comparable homes that sold in Armitage over the past two years, from 32 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $522/sqft; this home lists at $464/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Armitage, 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: 10 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
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 $1,021,600 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,592
- Property tax
- $532
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,124
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,015
- Estimated closing costs
- $22,015
Plus your down payment of $255,400. 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
- $335,519
- Principal paid down
- $126,313
- Interest paid
- $209,205
- Balance remaining
- $895,287
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 Armitage (11 of 46 recent detached leases were basement units, around $1,990 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,990 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 13 whole-home leases in Armitage signed at a median of $3,842 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,061. 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 RE/MAX REALTRON TURNKEY REALTY. MLS®/PropTx.