66 Roxborough Road, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13830132

$2,798,888
For Sale
Listed 25 days agoNo offer date stated
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3Bedrooms
1Bathrooms
3Parking
700Sq ft

About this home

In short

  • Owner is changing the original plan to the new plan for One single on Roxborough Rd. and 7 townhouses along the Queen st.
  • There are around 50 different studies and plans are available for potential buyer to review with conditional offers.
  • There are also available on town of Newmarket website / Current applications/ 6 Roxborough Rd.

Owner is changing the original plan to the new plan for One single on Roxborough Rd. and 7 townhouses along the Queen st. E. No maintenance to pay. City's maintenances service like garbage pickup and snow removal. Free hold project with hundreds thousands dollar of saving for builder to build. No internal road to give up the land for, or costs to build the common road. There are around 50 different studies and plans are available for potential buyer to review with conditional offers. There are also available on town of Newmarket website / Current applications/ 6 Roxborough Rd.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
N13830132
Bedrooms
3
Bathrooms
1
Size
700 sq ft
Lot
113.5 × 215 ft
Cross streets
Davis/Main
Parking
3 parking
Driveway
Private Double
Basement
Unfinished
Heating
Other
A/C
Other
Exterior
Vinyl Siding
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,963 / 2026
Days on market
25
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Gorham-College Manor, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$12,756/mo
$498KIncome needed
5.6×Price ÷ income
$2,944Weekly cost
$56,447Land 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.

97%mortgage
Mortgage $12,756Property tax $414Total carry $13,170

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$12,380per month

Mortgage amount $2,239,110 · 4.49% over 25 years

$559,778Down payment (20.0%)
$2,239,110Loan before insurance
$0CMHC premium
$12,794Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,380
Property tax
$414
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,794

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

One-time closing costs

Ontario land transfer tax
$56,447
Estimated closing costs
$56,447

Plus your down payment of $559,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,985/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

$1,475,017Total interest paid
$3,714,128Total of all payments
Principal $2,239,110 Interest $1,475,017
YearPrincipalInterestBalance
1$49,967$98,598$2,189,143
2$52,236$96,329$2,136,907
3$54,608$93,957$2,082,299
4$57,087$91,478$2,025,212
5$59,679$88,886$1,965,532
6$62,389$86,176$1,903,143
7$65,222$83,343$1,837,922
8$68,183$80,382$1,769,739
9$71,279$77,286$1,698,460
10$74,515$74,050$1,623,945
11$77,898$70,667$1,546,047
12$81,435$67,130$1,464,611
13$85,133$63,432$1,379,479
14$88,998$59,567$1,290,480
15$93,039$55,526$1,197,441
16$97,263$51,302$1,100,178
17$101,679$46,886$998,499
18$106,296$42,269$892,202
19$111,122$37,443$781,080
20$116,168$32,397$664,912
21$121,442$27,123$543,470
22$126,956$21,609$416,514
23$132,721$15,845$283,793
24$138,747$9,818$145,046
25$145,046$3,519$0

At the end of your 5-year term

Total paid over the term
$742,826
Principal paid down
$273,578
Interest paid
$469,248
Balance remaining
$1,965,532

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.

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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$1,450/mo
$17,400Gross annual rent
0.3%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.

0.6%
Gross yield
− Property tax $4,963− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,123

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

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