449 Alex Doner Drive, Newmarket, ON

Glenway Estates, Newmarket · MLS® N13775952

$1,585,000
For Sale
Listed 9 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 8 parking
3500-5000Sq ft

About this home

In short

  • Located in Newmarkets sought-after Glenway Estates, this thoughtfully upgraded 4+2 bedroom detached house offers OVER 4,700(3504+1200) sqft of spacious living...
  • With $150K+ in quality UPGRADES: Windows 2023, HVAC 2024, hardwood floors 2024, custom stairs with glass railing 2024, renovated bathrooms, 2025 and a redesigned...
  • The oversized kitchen, renovated with a new dishwasher, stove, and refrigerator, opens into a bright and comfortable family room.
  • Freshly painted in 2024, this home is move-in ready.
  • Enjoy a private backyard oasis with a deck finished in 2021 that's perfect for relaxing or entertaining.

3500SF+ Walkout Wow! . Located in Newmarkets sought-after Glenway Estates, this thoughtfully upgraded 4+2 bedroom detached house offers OVER 4,700(3504+1200) sqft of spacious living, including a fully finished walk-out basement. With $150K+ in quality UPGRADES: Windows 2023, HVAC 2024, hardwood floors 2024, custom stairs with glass railing 2024, renovated bathrooms, 2025 and a redesigned laundry room 2025, every detail reflects a pride of ownership. The oversized kitchen, renovated with a new dishwasher, stove, and refrigerator, opens into a bright and comfortable family room. Freshly painted in 2024, this home is move-in ready. Enjoy a private backyard oasis with a deck finished in 2021 that's perfect for relaxing or entertaining. You search is OVER!

Key facts

Property type
Detached, 2-Storey
MLS®
N13775952
Bedrooms
4+2 (6 total)
Bathrooms
4
Size
3500-5000 sq ft
Lot
65.62 × 131 ft
Cross streets
Davis/Bathurst
Parking
2 garage · 8 parking (attached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,300 / 2026
Days on market
9
Listing brokerage
FIRST CLASS REALTY INC.
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.59Mlikely sale price

Listed at $1,585,000. Going by how homes in Glenway Estates and the wider GTA have actually closed against their asking prices (about 100%, 14 local closings in 90 days), the likely sale price is near $1.59M, if it sells. A realistic range is $1.49M to $1.79M.

Independent value check: $1.62M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.52M and $1.70M).

Why $1.62M. The typical detached home sold in Glenway Estates over the past year went for about $1.28M (49 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $9,300 a year; the typical home sold here pays about $6,600.
  • ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIts lot is 66 by 131 ft; the typical lot sold here is 49 by 131.
List price
$1.49MBelow recent closings$1.79MAbove recent closings

Total price vs nearby homes. Likely closing about $1.59M, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.29Mmedian sold price
104%of asking, on average
−7%prices vs a year ago
~18 dayshomes like this take to sell
9days on market so far
$4,974/moest. rent · 13 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 8 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $373/sqft against an area asking average of $479/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Glenway Estates: 14 of the 64 detached leases here lately were basement units, around $1,975 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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.58M. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Crossland 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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 14 comparable homes that sold in Glenway Estates over the past two years, from 86 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.53Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.62M, which is where my estimate comes from.

Per square foot, these ask about $471/sqft; this home lists at $373/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.58MThis home1.40M1.69M1.27M1.60M1.69MThis home vs active comparables

Neighbourhood & location

Glenway Estates, 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.

Woodland Hill
$1.13M
Summerhill Estates
$1.12M
Central Newmarket
$969K
Bristol-London
$1.13M
Gorham-College Manor
$1.05M

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Crossland PS
80%
Crossland PSPublic · Elementary · JK-8 · 0.8 km awayAbove the GTA average · 80% meet the provincial standard
Sacred HeartEQAO results not published
Also nearby: 7 more schools within 2.5 km
Alexander Muir Public School · Public elementary0.9 km · 79% at standard
Clearmeadow Public School · Public elementary1.6 km · 69% at standard
Poplar Bank Public School · Public elementary1.8 km · 81% at standard
J L R Bell Public School · Public elementary2.2 km · 54% at standard
Terry Fox Public School · Public elementary2.2 km · 80% at standard
Phoebe Gilman Public School · Public elementary2.3 km · 77% at standard
St Paul Catholic Elementary School · Catholic elementary2.5 km · 65% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,224/mo
$304KIncome needed
5.2×Price ÷ income
$1,667Weekly cost
$28,175Land 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.

90%mortgage
Mortgage $7,224Property tax $775Total carry $7,999

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,941per month

Mortgage amount $1,268,000 · 4.39% over 25 years

$317,000Down payment (20.0%)
$1,268,000Loan before insurance
$0CMHC premium
$7,716Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,941
Property tax
$775
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,716

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

One-time closing costs

Ontario land transfer tax
$28,175
Estimated closing costs
$28,175

Plus your down payment of $317,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,409/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

$814,212Total interest paid
$2,082,212Total of all payments
Principal $1,268,000 Interest $814,212
YearPrincipalInterestBalance
1$28,693$54,595$1,239,307
2$29,967$53,322$1,209,340
3$31,297$51,992$1,178,043
4$32,686$50,603$1,145,358
5$34,136$49,152$1,111,221
6$35,651$47,637$1,075,570
7$37,234$46,055$1,038,336
8$38,886$44,402$999,450
9$40,612$42,676$958,838
10$42,414$40,874$916,423
11$44,297$38,992$872,127
12$46,263$37,026$825,864
13$48,316$34,972$777,548
14$50,460$32,828$727,087
15$52,700$30,588$674,387
16$55,039$28,250$619,348
17$57,482$25,807$561,867
18$60,033$23,256$501,834
19$62,697$20,591$439,137
20$65,480$17,809$373,657
21$68,386$14,903$305,271
22$71,421$11,868$233,850
23$74,591$8,698$159,260
24$77,901$5,387$81,359
25$81,359$1,930$0

At the end of your 5-year term

Total paid over the term
$416,442
Principal paid down
$156,779
Interest paid
$259,663
Balance remaining
$1,111,221

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 13 whole-home leases in Glenway Estates$4,974/mo
$59,688Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,691 to $5,269Typical rent range
~37 daysTo find a tenant, on average

The suite is real income here: basements rent in Glenway Estates (14 of 64 recent detached leases were basement units, around $1,975 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,975 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 numbers

The last 13 whole-home leases in Glenway Estates signed at a median of $4,899 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,974. 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.

3.8%
Gross yield
− Property tax $9,300− Insurance $1,400− Vacancy & upkeep $6,566Net operating income $42,422

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FIRST CLASS REALTY INC.. MLS®/PropTx.

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