57 Gail Parks Crescent, Newmarket, ON

Woodland Hill, Newmarket · MLS® N13822088

$958,000
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Finished Walk-Out Basement.
  • Featuring 9' ceilings, hardwood floors & stairs, and a bright open-concept layout, the home is ideal for both everyday living and entertaining.
  • The spacious primary suite features California shutters, a walk-in closet, and a 4-piece ensuite.
  • The finished walk-out basement with garage access provides exceptional flexibility for a recreation room, home office, or extended family.

Finished Walk-Out Basement! 2-Car Garage Home! Open to Top Foyer! Nestled on a quiet family-friendly crescent, just a short walk to Upper Canada Mall, this beautifully maintained home offers the perfect blend of style, comfort, and convenience. Featuring 9' ceilings, hardwood floors & stairs, and a bright open-concept layout, the home is ideal for both everyday living and entertaining. The upgraded eat-in kitchen boasts granite countertops, stainless steel appliances, and a walk-out to a spacious wood deck. Relax in the inviting family room with a gas fireplace or host guests in the formal dining area. The spacious primary suite features California shutters, a walk-in closet, and a 4-piece ensuite. The finished walk-out basement with garage access provides exceptional flexibility for a recreation room, home office, or extended family. Move-in ready and located in one of Newmarket's most desirable communities-don't miss this fantastic opportunity to call it home!

Key facts

Property type
Detached, 2-Storey
MLS®
N13822088
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
35.01 × 82.02 ft
Cross streets
Yonge Street and Davis Drive
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,854 / 2026
Days on market
25
Listing brokerage
BAY STREET GROUP INC.

Rooms

Dining RoomMain4.34 × 3.35 m

hardwood floor · crown moulding · pot lights

Bedroom 3Second4.26 × 3.13 m

laminate · closet · window

Primary BedroomSecond5.20 × 3.76 m

laminate · walk-in closet(s) · 4 pc ensuite

Bedroom 2Second4.14 × 3.25 m

laminate · closet · window

KitchenMain3.52 × 3.31 m

ceramic floor · granite counters · stainless steel appl

BreakfastMain3.21 × 2.81 m

ceramic floor · crown moulding · large window

Living RoomMain4.83 × 4.35 m

hardwood floor · gas fireplace · w/o to deck

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 Woodland Hill · asking prices
$1.05Mavg asking

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

Per square foot, these ask about $526/sqft; this home lists at $547/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
958kThis home1.18M1.10M1.04M849k1.10MThis home vs active comparables

Neighbourhood & location

Woodland Hill, 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
Bristol-London
$993K
Central Newmarket
$1.04M
Summerhill Estates
$1.07M
Armitage
$1.21M

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
$4,366/mo
$186KIncome needed
5.2×Price ÷ income
$1,008Weekly cost
$15,635Land 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 $4,366Property tax $488Total carry $4,854

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,238per month

Mortgage amount $766,400 · 4.49% over 25 years

$191,600Down payment (20.0%)
$766,400Loan before insurance
$0CMHC premium
$4,725Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,238
Property tax
$488
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,725

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

One-time closing costs

Ontario land transfer tax
$15,635
Estimated closing costs
$15,635

Plus your down payment of $191,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,129/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

$504,867Total interest paid
$1,271,267Total of all payments
Principal $766,400 Interest $504,867
YearPrincipalInterestBalance
1$17,103$33,748$749,297
2$17,879$32,971$731,418
3$18,691$32,160$712,727
4$19,540$31,311$693,187
5$20,427$30,424$672,760
6$21,354$29,496$651,406
7$22,324$28,527$629,082
8$23,338$27,513$605,744
9$24,397$26,453$581,347
10$25,505$25,346$555,842
11$26,663$24,188$529,179
12$27,874$22,977$501,305
13$29,139$21,712$472,166
14$30,462$20,389$441,704
15$31,845$19,005$409,859
16$33,291$17,560$376,568
17$34,803$16,048$341,765
18$36,383$14,468$305,382
19$38,035$12,816$267,347
20$39,762$11,089$227,585
21$41,567$9,284$186,018
22$43,454$7,396$142,564
23$45,427$5,423$97,136
24$47,490$3,361$49,646
25$49,646$1,204$0

At the end of your 5-year term

Total paid over the term
$254,253
Principal paid down
$93,640
Interest paid
$160,613
Balance remaining
$672,760

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
2.8%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.

3.9%
Gross yield
− Property tax $5,854− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,388

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

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