158 Park Avenue, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13826718

$1,089,000
For Sale
Listed 24 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 9 parking
1100-1500Sq ft

About this home

In short

  • Welcome to this fully renovated detached home in the heart of Newmarket.
  • Highlights include brand-new doors and windows, a double front entry, fresh paint, updated ceilings, LED pot lights, and solid hardwood floors on the main level.
  • A newly added primary suite boasts a spacious walk-in closet and a luxurious ensuite.
  • Upgrades also include a new AC system, new garage remote, new shingles on the garage roof, and full duct cleaning.
  • Outside, enjoy an extra-long driveway for up to 8 cars, a wide front yard, and a fully upgraded inground pool with a new liner, safety cover, and equipment room.

Welcome to this fully renovated detached home in the heart of Newmarket! Nestled on a premium 65 135 ft lot( Rear 75ft ) in a mature and desirable neighborhood, this 3+1 bedroom, 3 bathroom home has been extensively upgraded with quality finishes, offering both comfort and style. Highlights include brand-new doors and windows, a double front entry, fresh paint, updated ceilings, LED pot lights, and solid hardwood floors on the main level. The modern kitchen features new cabinets, countertops, polished tile flooring, and stainless steel appliances. A newly added primary suite boasts a spacious walk-in closet and a luxurious ensuite. The finished lower level includes waterproof laminate flooring and an additional bedroom, ideal for family or guests. Upgrades also include a new AC system, new garage remote, new shingles on the garage roof, and full duct cleaning. Outside, enjoy an extra-long driveway for up to 8 cars, a wide front yard, and a fully upgraded inground pool with a new liner, safety cover, and equipment room. Underground drainage has been professionally installed. Prime central location close to schools, parks, shopping, transit, and all amenities. A rare opportunity on a large lot with complete modern upgrades move-in ready!

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13826718
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
65 × 133 ft
Cross streets
Gladman Ave To Park Ave
Parking
1 garage · 9 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$5,457 / 2026
Days on market
24
Listing brokerage
SMART SOLD REALTY

Rooms

Bedroom 2Main3.57 × 3.31 m

hardwood floor · overlooks backyard

Bedroom 4Lower4.56 × 3.58 m

Laminate

KitchenMain3.52 × 3.22 m

ceramic floor · overlooks frontyard

Primary BedroomMain3.06 × 3.21 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

Living RoomMain5.58 × 4.27 m

combined w/dining · hardwood floor · w/o to deck

RecreationLower5.89 × 3.61 m

large window · laminate

Dining RoomMain5.58 × 4.27 m

combined w/living · pot lights · w/o to deck

Bedroom 3Main3.05 × 3.31 m

hardwood floor · overlooks backyard

Family RoomLower4.86 × 3.96 m

laminate · pot lights

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 Central Newmarket · asking prices
$936kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $720/sqft; this home lists at $838/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.09MThis home1.05M900k860kThis home vs active comparables

Neighbourhood & location

Central Newmarket, 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
Summerhill Estates
$1.07M
Armitage
$1.21M
Gorham-College Manor
$1.04M

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
$4,963/mo
$207KIncome needed
5.3×Price ÷ income
$1,145Weekly cost
$18,255Land 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 $4,963Property tax $455Total carry $5,418

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)
$4,817per month

Mortgage amount $871,200 · 4.49% over 25 years

$217,800Down payment (20.0%)
$871,200Loan before insurance
$0CMHC premium
$5,272Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,817
Property tax
$455
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,272

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

One-time closing costs

Ontario land transfer tax
$18,255
Estimated closing costs
$18,255

Plus your down payment of $217,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,830/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

$573,904Total interest paid
$1,445,104Total of all payments
Principal $871,200 Interest $573,904
YearPrincipalInterestBalance
1$19,441$38,363$851,759
2$20,324$37,480$831,434
3$21,247$36,557$810,187
4$22,212$35,592$787,976
5$23,220$34,584$764,755
6$24,274$33,530$740,481
7$25,377$32,428$715,104
8$26,529$31,275$688,575
9$27,733$30,071$660,842
10$28,993$28,812$631,850
11$30,309$27,495$601,541
12$31,685$26,119$569,856
13$33,124$24,680$536,732
14$34,628$23,177$502,104
15$36,200$21,604$465,904
16$37,844$19,961$428,061
17$39,562$18,242$388,499
18$41,358$16,446$347,141
19$43,236$14,568$303,905
20$45,199$12,605$258,706
21$47,251$10,553$211,455
22$49,397$8,408$162,058
23$51,639$6,165$110,419
24$53,984$3,820$56,435
25$56,435$1,369$0

At the end of your 5-year term

Total paid over the term
$289,021
Principal paid down
$106,445
Interest paid
$182,576
Balance remaining
$764,755

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$2,300/mo
$27,600Gross annual rent
1.6%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.

2.5%
Gross yield
− Property tax $5,457− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,707

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

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