4-12 Lytham Green Circle, Newmarket, ON
Glenway Estates, Newmarket · MLS® N13816658
About this home
In short
- DIRECT FROM THE BUILDER | BRAND NEW LIVE/WORK TOWNHOME | 3 PARKING | 2 LOCKERS Welcome to Glenway Urban Towns by Andrin Homes.
- Thoughtfully designed with no wasted space, this modern home features a contemporary brickexterior, abundant natural light, large windows and an open-concept layout.
- Minutes to Newmarket GO, Costco, Upper Canada Mall, SouthlakeRegional Health Centre, restaurants, retail, entertainment, community centres, golf and LakeSimcoe.
- INCLUDED: 3 parking spaces + 2 lockers.
- OPTIONAL: Additional parking unit $20,000 incl.
DIRECT FROM THE BUILDER | BRAND NEW LIVE/WORK TOWNHOME | 3 PARKING | 2 LOCKERS Welcome to Glenway Urban Towns by Andrin Homes! This brand-new, never-lived-in live/worktownhome offers exceptional value with a full Tarion builder warranty. Not an assignment. Condocorporation now registered.Thoughtfully designed with no wasted space, this modern home features a contemporary brickexterior, abundant natural light, large windows and an open-concept layout. The stylish,functional kitchen features quality stainless steel, energy-efficient appliances, pluswasher/dryer. Energy Star central air conditioning and heating provide year-round comfort.A rare Live/Work opportunity with a variety of permitted uses including food & beverage,retail, fitness/wellness, personal services and more. Ideally located in central Newmarket between Yonge St. and Bathurst St., just off Davis Dr.Walking distance to the Newmarket Bus Terminal, GO Bus and VIVA transit, with convenient accessto Vaughan and the TTC subway. Minutes to Newmarket GO, Costco, Upper Canada Mall, SouthlakeRegional Health Centre, restaurants, retail, entertainment, community centres, golf and LakeSimcoe.Enjoy a private community park, dog park, designated visitor parking and nearby conservationtrails. Cottage country is virtually at your doorstep with opportunities for boating, swimming,hiking, golf and winter recreation.INCLUDED: 3 parking spaces + 2 lockers.OPTIONAL: Additional parking unit $20,000 incl. HST; EV parking $27,500; EV upgrade $7,500; Main-floor Home Office Finishes Package $18,000 + HST. Bonus appliance package, pot lights,interior finishes, BBQ gas line and refrigerator water-line rough-in included. An exceptional opportunity for homeowners, entrepreneurs or investors seeking a flexible,modern Live/Work property in a highly accessible Newmarket location
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- N13816658
- Bedrooms
- 3
- Bathrooms
- 4 (2 half)
- Size
- 2250-2499 sq ft
- Cross streets
- Davis Dr W/ Mitchell Pl
- Parking
- 3 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Roof
- Flat
- Maintenance
- $310/mo
- Exposure
- North
- Property tax
- $6,373 / 2026
- Days on market
- 27
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Listed at $849,000, about 19% below our estimate of $1.05M (homes like it typically land between $980K and $1.11M).
Why $1.05M. The typical townhouse sold in Glenway Estates over the past year went for about $560K (11 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 2,250 to 2,499 sq ft; the typical home sold here is 900 to 999.
- ▲ Raises it3 garage and 3 total parking spaces, against 1 and 1 typically.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly3 bedrooms and 4 baths, against 2 and 2 typically.
Total price vs nearby homes. Fair value about $1.05M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $358/sqft against an area asking average of $535/sqft.
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 and this building.
It never sees the asking price. The 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $739K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Glenway Estates, so I widened the search to the surrounding area.
Based on 11 homes sold in this building over the past two years, from 20 closings in Glenway Estates.
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.05M, which is where my estimate comes from.
Per square foot, these ask about $521/sqft; this home lists at $358/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Glenway Estates, 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) →
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 19, 2026); conventional rates run a little higher.
Mortgage amount $679,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,755
- Property tax
- $531
- Condo / maintenance fees
- $310
- Heating
- $0
- Estimated monthly cost
- $4,596
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,455
- Estimated closing costs
- $13,455
Plus your down payment of $169,800. 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
- $225,325
- Principal paid down
- $82,986
- Interest paid
- $142,339
- Balance remaining
- $596,214
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 numbersThe last 19 whole-home leases in Glenway Estates signed at a median of $2,455 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,664. 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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.