402 Morley Cook Crescent, Newmarket, ON

Stonehaven-Wyndham, Newmarket · MLS® N13827842

$1,198,015
For Sale
Listed 24 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2249Sq ft

About this home

Spacious open concept bungalow with high 12 Ft. ceilings in St Andrews Valley Golf Course Community Backing onto Conservation, Aprox 3,500 sqft of Luxurious Living Space includes the finished walkout basement. Recent Improvements: Freshly painted interior (Summer of 2026) New Deck (Being Installed October 2026).

Key facts

Property type
Condo Townhouse, Bungalow
MLS®
N13827842
Bedrooms
2+1 (3 total)
Bathrooms
3
Size
2000-2249 sq ft
Cross streets
W. of Bayview, N. of St. John Side Rd
Parking
2 garage · 4 parking (attached)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Maintenance
$975/mo
Exposure
East
Property tax
$6,580 / 2026
Days on market
24
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain6.70 × 3.36 m

ceramic floor · pot lights

Dining RoomMain7.22 × 4.31 m

open concept · hardwood floor · pot lights

BreakfastMain6.70 × 3.36 m

eat-in kitchen · ceramic floor

Bedroom 2Main4.31 × 3.26 m

hardwood floor · double closet

Bedroom 3Lower4.61 × 3.50 m

walk-in closet(s) · broadloom

Family RoomMain7.22 × 4.31 m

hardwood floor · gas fireplace · pot lights

RecreationLower8.84 × 8.86 m

broadloom · w/o to patio

Primary BedroomMain6.99 × 3.52 m

4 pc ensuite · walk-in closet(s) · pot lights

Our TakeTeam Asgarian · Broker
Above what recent sales support
$1.07Mautomated estimate, from recent sales

Listed at $1,198,015, about 12% above our estimate of $1.07M (homes like it typically land between $1.00M and $1.13M).

List price
$1.00MBelow our range$1.20MAbove our range

Total price vs nearby homes. Fair value about $1.07M, learned from recent GTA sales.

The market behind the math:

24days on market so far
$3,360/moest. rent · 6 leases
3.4%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $564/sqft against an area asking average of $512/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Stonehaven-Wyndham basements rarely rent out (0 of 6 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Newmarket.
  • Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.19M. 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.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Stonehaven-Wyndham, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Stonehaven-Wyndham over the past two years, from 13 closings there.

What sellers nearby are askingCurrently listed nearby in Stonehaven-Wyndham · asking prices
$828kavg asking

Nothing 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 $1.07M, which is where my estimate comes from.

Per square foot, these ask about $493/sqft; this home lists at $564/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.20MThis home775k870k978k690kThis home vs active comparables

Neighbourhood & location

Stonehaven-Wyndham, 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.

Armitage
$665K
Central Newmarket
$684K
Glenway Estates
$686K

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
$5,460/mo
$247KIncome needed
4.8×Price ÷ income
$1,260Weekly cost
$20,435Land 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.

78%mortgage
Mortgage $5,460Property tax $548Condo fee $975Total carry $6,984

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)
$5,299per month

Mortgage amount $958,412 · 4.49% over 25 years

$239,603Down payment (20.0%)
$958,412Loan before insurance
$0CMHC premium
$6,823Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,299
Property tax
$548
Condo / maintenance fees
$975
Heating
$0
Estimated monthly cost
$6,823

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

One-time closing costs

Ontario land transfer tax
$20,435
Estimated closing costs
$20,435

Plus your down payment of $239,603. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,414/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

$631,355Total interest paid
$1,589,767Total of all payments
Principal $958,412 Interest $631,355
YearPrincipalInterestBalance
1$21,388$42,203$937,024
2$22,359$41,232$914,666
3$23,374$40,217$891,292
4$24,435$39,155$866,856
5$25,545$38,046$841,312
6$26,704$36,886$814,607
7$27,917$35,674$786,690
8$29,185$34,406$757,506
9$30,510$33,081$726,996
10$31,895$31,696$695,101
11$33,343$30,248$661,758
12$34,857$28,734$626,901
13$36,440$27,151$590,462
14$38,094$25,497$552,368
15$39,824$23,767$512,544
16$41,632$21,959$470,912
17$43,522$20,069$427,390
18$45,498$18,092$381,892
19$47,564$16,027$334,328
20$49,724$13,867$284,604
21$51,981$11,609$232,623
22$54,341$9,249$178,281
23$56,809$6,782$121,473
24$59,388$4,203$62,085
25$62,085$1,506$0

At the end of your 5-year term

Total paid over the term
$317,953
Principal paid down
$117,100
Interest paid
$200,853
Balance remaining
$841,312

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
From 6 whole-home leases in Stonehaven-Wyndham$3,360/mo
$40,320Gross annual rent
1.4%Cap rate after taxes and upkeep
$3,091 to $3,658Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 6 whole-home leases in Stonehaven-Wyndham signed at a median of $3,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,360. 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.

3.4%
Gross yield
− Property tax $6,580− Condo fees $11,700− Insurance $600− Vacancy & upkeep $4,435Net operating income $17,004

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

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