161 Austin paul Drive, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N13784598

$1,278,000
For Sale
Listed 35 days agoNo offer date stated
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3Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this beautifully Fully Renovated family home in the highly desirable Summerhill Estates community of Newmarket.
  • This move-in-ready home has been extensively renovated from top to bottom, offering peace of mind and modern comfort throughout.
  • Features include New windows, New furnace, New heat pump/AC, New entrance and garage doors, new flooring throughout, and a 2022 roof with newly upgraded attic insulation.
  • Enjoy a New water softener and water heater (both rental), as well as all New appliances. a fully finished basement .The exterior has also been transformed with New...
  • Conveniently located close to transit, top-rated schools, shopping, parks, recreation centre, and major highways.

Welcome to this beautifully Fully Renovated family home in the highly desirable Summerhill Estates community of Newmarket! This move-in-ready home has been extensively renovated from top to bottom, offering peace of mind and modern comfort throughout. Features include New windows, New furnace, New heat pump/AC, New entrance and garage doors, new flooring throughout, and a 2022 roof with newly upgraded attic insulation. Enjoy a New water softener and water heater (both rental), as well as all New appliances. a fully finished basement .The exterior has also been transformed with New interlock and professionally updated front and backyard landscaping. Conveniently located close to transit, top-rated schools, shopping, parks, recreation centre, and major highways. An exceptional opportunity for families looking for a truly move-in-ready home in a sought-after neighbourhood. A must-see!

Key facts

Property type
Detached, 2-Storey
MLS®
N13784598
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
31.99 × 109.91 ft
Cross streets
Bathurst & Mulock
Parking
2 garage · 4 parking (attached)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Shingle
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$6,197 / 2026
Days on market
35
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Family RoomMain3.29 × 4.69 m
Primary BedroomSecond5.03 × 3.72 m
Bedroom 2Second2.77 × 5.09 m
Living RoomMain3.63 × 3.63 m
KitchenMain3.29 × 6.00 m
Bedroom 3Second3.59 × 3.04 m
Dining RoomMain3.63 × 3.63 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

Neighbourhood & location

Summerhill 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.

Glenway Estates
$1.36M
Armitage
$1.21M
Central Newmarket
$1.04M
Woodland Hill
$1.16M
Bristol-London
$1.00M

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
$5,825/mo
$242KIncome needed
5.3×Price ÷ income
$1,344Weekly cost
$22,035Land 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.

92%mortgage
Mortgage $5,825Property tax $516Total carry $6,341

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)
$5,653per month

Mortgage amount $1,022,400 · 4.49% over 25 years

$255,600Down payment (20.0%)
$1,022,400Loan before insurance
$0CMHC premium
$6,169Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,653
Property tax
$516
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,169

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

One-time closing costs

Ontario land transfer tax
$22,035
Estimated closing costs
$22,035

Plus your down payment of $255,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,842/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

$673,508Total interest paid
$1,695,908Total of all payments
Principal $1,022,400 Interest $673,508
YearPrincipalInterestBalance
1$22,816$45,021$999,584
2$23,852$43,985$975,733
3$24,934$42,902$950,798
4$26,067$41,770$924,732
5$27,250$40,586$897,482
6$28,487$39,349$868,994
7$29,781$38,055$839,213
8$31,133$36,703$808,080
9$32,547$35,290$775,534
10$34,024$33,812$741,509
11$35,569$32,267$705,940
12$37,184$30,652$668,756
13$38,872$28,964$629,884
14$40,637$27,199$589,246
15$42,483$25,354$546,764
16$44,411$23,425$502,352
17$46,428$21,408$455,924
18$48,536$19,300$407,388
19$50,740$17,097$356,649
20$53,043$14,793$303,605
21$55,452$12,385$248,154
22$57,969$9,867$190,184
23$60,602$7,235$129,583
24$63,353$4,483$66,230
25$66,230$1,607$0

At the end of your 5-year term

Total paid over the term
$339,182
Principal paid down
$124,918
Interest paid
$214,263
Balance remaining
$897,482

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
2.0%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.

3.0%
Gross yield
− Property tax $6,197− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,045

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

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