522 Ainsworth Drive, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13782290

$715,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 522 Ainsworth Dr - A well located Freehold Townhome conveniently located near Bayview and Mulock.
  • This bright and welcoming 3-bedroom, freehold townhouse offers comfortable family living in one of Newmarket's established communities.
  • Prime Location & Desirable Community Situated in the heart of Newmarket, this home is close to parks, schools, transit and everyday conveniences.
  • Roof '23, HWT '24, Furnace '24

Welcome to 522 Ainsworth Dr - A well located Freehold Townhome conveniently located near Bayview and Mulock. This bright and welcoming 3-bedroom, freehold townhouse offers comfortable family living in one of Newmarket's established communities. Enjoy well-designed living space with functional flow and plenty of natural light throughout. The property is ideal for first-time buyers, growing families or investors seeking quality homes in a strong performing area. Prime Location & Desirable Community Situated in the heart of Newmarket, this home is close to parks, schools, transit and everyday conveniences. Newmarket is known for its balanced lifestyle and strong sense of community. The town blends urban amenities with suburban charm - from boutique shops and cafes to lush parkland and active recreation options. Residents enjoy easy access to Fairy Lake, Main Street and a variety of year-round community events. Roof '23, HWT '24, Furnace '24

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13782290
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
18.71 × 104.55 ft
Cross streets
Bayview / Mulock
Parking
1 garage · 3 parking (built-in)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,209 / 2025
Days on market
35
Listing brokerage
TRUSTWELL REALTY INC.

Rooms

Bedroom 3Second3.95 × 2.63 m
Living RoomMain4.13 × 3.07 m

Fireplace

Bedroom 2Second4.17 × 2.66 m
Primary BedroomSecond5.46 × 3.57 m

4 Pc Ensuite

KitchenMain3.67 × 2.15 m
BreakfastMain3.23 × 2.15 m
Dining RoomMain5.20 × 3.04 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 Gorham-College Manor · asking prices
$787kavg asking

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

Per square foot, these ask about $605/sqft; this home lists at $409/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
715kThis home760k800k800kThis home vs active comparables

Neighbourhood & location

Gorham-College Manor, 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.

Summerhill Estates
$874K
Glenway Estates
$795K
Woodland Hill
$834K

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
$3,259/mo
$139KIncome needed
5.1×Price ÷ income
$752Weekly cost
$10,775Land 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 $3,259Property tax $351Total carry $3,609

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)
$3,163per month

Mortgage amount $572,000 · 4.49% over 25 years

$143,000Down payment (20.0%)
$572,000Loan before insurance
$0CMHC premium
$3,513Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,163
Property tax
$351
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,513

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

One-time closing costs

Ontario land transfer tax
$10,775
Estimated closing costs
$10,775

Plus your down payment of $143,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,828/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

$376,806Total interest paid
$948,806Total of all payments
Principal $572,000 Interest $376,806
YearPrincipalInterestBalance
1$12,765$25,188$559,235
2$13,344$24,608$545,891
3$13,950$24,002$531,941
4$14,583$23,369$517,358
5$15,246$22,707$502,112
6$15,938$22,014$486,174
7$16,661$21,291$469,513
8$17,418$20,534$452,095
9$18,209$19,743$433,886
10$19,036$18,917$414,851
11$19,900$18,052$394,951
12$20,803$17,149$374,148
13$21,748$16,204$352,400
14$22,735$15,217$329,664
15$23,768$14,185$305,897
16$24,847$13,105$281,050
17$25,975$11,977$255,075
18$27,154$10,798$227,921
19$28,387$9,565$199,534
20$29,676$8,276$169,858
21$31,023$6,929$138,834
22$32,432$5,520$106,402
23$33,905$4,048$72,497
24$35,444$2,508$37,053
25$37,053$899$0

At the end of your 5-year term

Total paid over the term
$189,761
Principal paid down
$69,888
Interest paid
$119,873
Balance remaining
$502,112

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$3,150/mo
$37,800Gross annual rent
3.9%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.

5.3%
Gross yield
− Property tax $4,209− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $28,033

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

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