416 Flanagan Court, Newmarket, ON
Summerhill Estates, Newmarket · MLS® N13827976
About this home
In short
- Perfectly Positioned Family Home In The Coveted Summerhill Estates Community Of Newmarket.
- Close To Schools, Parks, Ray Twinney Rec Centre, Upper Canada Mall, The New Mulock Park, Southlake Hospital, Walking Trails, Bustling Downtown Newmarket's Riverwalk...
- With 3+1 Generously-Sized Bedrooms And 4 Bathrooms There Is Plenty Of Room For The Whole Family.
- The Finished Basement With Separate Entrance Adds Exceptional Versatility With Large Recreation Room, Kitchen, Additional Bedroom With Walk-In Closet, And Full...
- New Furnace & AC - 2021, New Main Floor Kitchen Fridge & Stove - 2026, New Electrical Panel - 2026, New Water Heater - 2026, Driveway Redone - September 2026.
Perfectly Positioned Family Home In The Coveted Summerhill Estates Community Of Newmarket. Close To Schools, Parks, Ray Twinney Rec Centre, Upper Canada Mall, The New Mulock Park, Southlake Hospital, Walking Trails, Bustling Downtown Newmarket's Riverwalk Commons, Fairy Lake And Every Amenity You Could Possibly Desire! This Bright And Inviting Family Home Offers A Spacious, Thoughtfully Designed And Light-Filled Layout Ideal For Both Everyday Living And Entertaining. With 3+1 Generously-Sized Bedrooms And 4 Bathrooms There Is Plenty Of Room For The Whole Family. The Private West-Facing Backyard, Framed By Mature Trees, Is Perfect For Children And Pets To Play, Family Gatherings, And Summer Entertaining. The Finished Basement With Separate Entrance Adds Exceptional Versatility With Large Recreation Room, Kitchen, Additional Bedroom With Walk-In Closet, And Full Bathroom - Ideal For Extended Family, Teens Seeking Their Own Space, Overnight Guests, Or Multi-Generational Living. This Is A Home That Combines Comfort, Functionality, And Flexible Space For Every Stage Of Family Life. Welcome Home! BONUS: No Sidewalk! New Furnace & AC - 2021, New Main Floor Kitchen Fridge & Stove - 2026, New Electrical Panel - 2026, New Water Heater - 2026, Driveway Redone - September 2026. Most Windows Replaced August 2026.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13827976
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 31.99 × 114.83 ft
- Cross streets
- Yonge St & Mulock Dr
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,222 / 2026
- Days on market
- 24
- Listing brokerage
- LPT REALTY
Rooms
double doors · formal rm · gas fireplace
open concept · picture window · west view
above grade window · walk-in closet(s) · pot lights
gas fireplace · above grade window · w/o to garage
4 pc ensuite · walk-in closet(s) · large window
window · double closet · overlooks backyard
open concept · w/o to patio · overlooks backyard
overlooks dining · breakfast bar · pot lights
above grade window · open concept · combined w/rec
window · closet · ceiling fan(s)
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
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 $619/sqft; this home lists at $626/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Summerhill Estates, Newmarket, ON
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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 $876,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,844
- Property tax
- $519
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,362
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,375
- Estimated closing costs
- $18,375
Plus your down payment of $219,000. 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
- $290,613
- Principal paid down
- $107,031
- Interest paid
- $183,582
- Balance remaining
- $768,969
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.