149 Revell Road, Newmarket, ON

Armitage, Newmarket · MLS® N13821644

$1,290,000
For Sale
Listed 17 days agoNo offer date stated

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4+1Bedrooms
4Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Premium Ravine Lot On A Quiet, Family-Friendly Street, Backing Onto Green Space, Trails And Park.
  • New Roof (2026) For Added Peace Of Mind.
  • Bright Finished Walkout Basement Opening To The Ravine Setting, Perfect For Extended Family, Entertaining Or Relaxing.
  • Close To Schools, Parks And Everyday Amenities.

Rare Opportunity! Premium Ravine Lot On A Quiet, Family-Friendly Street, Backing Onto Green Space, Trails And Park. Enjoy Breathtaking Views And Total Privacy From The Back, With Nature Right At Your Doorstep. Lovingly And Meticulously Maintained Home, Offering Great Pride Of Ownership. New Roof (2026) For Added Peace Of Mind. Convenient Direct Entry From Garage. Bright Finished Walkout Basement Opening To The Ravine Setting, Perfect For Extended Family, Entertaining Or Relaxing. Close To Schools, Parks And Everyday Amenities. A Must See!

Key facts

Property type
Detached, 2-Storey
MLS®
N13821644
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
49.38 × 111.54 ft
Cross streets
Yonge & Savage
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Separate Entrance, Finished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,803 / 2025
Days on market
17
Listing brokerage
PROMPTON REAL ESTATE SERVICES CORP.

Rooms

RecreationLower6.32 × 3.29 m

fireplace · w/o to patio · overlook greenbelt

Living RoomMain5.27 × 3.36 m

parquet · crown moulding · combined w/dining

BreakfastMain3.07 × 3.50 m

ceramic floor · w/o to deck · overlook greenbelt

Bedroom 2Second4.24 × 3.23 m

parquet · closet · window

BedroomLower3.05 × 3.05 m

broadloom · closet

KitchenLower4.26 × 3.65 m

vinyl floor · combined w/living

Family RoomMain5.39 × 3.41 m

hardwood floor · fireplace · overlook greenbelt

Bedroom 3Second4.03 × 3.15 m

parquet · closet · window

Primary BedroomSecond6.67 × 3.32 m

parquet · 4 pc ensuite · his and hers closets

Dining RoomMain3.66 × 3.36 m

parquet · combined w/living · french doors

KitchenMain3.51 × 3.05 m

ceramic floor · family size kitchen · overlook greenbelt

Bedroom 4Second3.38 × 2.86 m

parquet · closet · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Armitage, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$5,879/mo
$245KIncome needed
5.3×Price ÷ income
$1,357Weekly cost
$22,275Land 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.

91%mortgage
Mortgage $5,879Property tax $567Total carry $6,446

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)
$5,706per month

Mortgage amount $1,032,000 · 4.49% over 25 years

$258,000Down payment (20.0%)
$1,032,000Loan before insurance
$0CMHC premium
$6,273Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,706
Property tax
$567
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,273

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

One-time closing costs

Ontario land transfer tax
$22,275
Estimated closing costs
$22,275

Plus your down payment of $258,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,906/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

$679,832Total interest paid
$1,711,832Total of all payments
Principal $1,032,000 Interest $679,832
YearPrincipalInterestBalance
1$23,030$45,443$1,008,970
2$24,075$44,398$984,895
3$25,169$43,305$959,726
4$26,311$42,162$933,415
5$27,506$40,967$905,909
6$28,755$39,718$877,154
7$30,060$38,413$847,093
8$31,425$37,048$815,668
9$32,852$35,621$782,816
10$34,344$34,129$748,472
11$35,903$32,570$712,569
12$37,533$30,940$675,035
13$39,237$29,236$635,798
14$41,019$27,454$594,779
15$42,881$25,592$551,898
16$44,828$23,645$507,069
17$46,864$21,609$460,205
18$48,992$19,482$411,214
19$51,216$17,257$359,998
20$53,541$14,932$306,456
21$55,972$12,501$250,484
22$58,514$9,959$191,970
23$61,171$7,303$130,799
24$63,948$4,525$66,851
25$66,851$1,622$0

At the end of your 5-year term

Total paid over the term
$342,366
Principal paid down
$126,091
Interest paid
$216,275
Balance remaining
$905,909

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$5,250/mo
$63,000Gross annual rent
3.7%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.9%
Gross yield
− Property tax $6,803− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,867

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROMPTON REAL ESTATE SERVICES CORP.. MLS®/PropTx.

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