383 Gilpin Drive, Newmarket, ON

Woodland Hill, Newmarket · MLS® N13831752

$1,289,000
For Sale
Listed 23 days agoNo offer date stated
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4Bedrooms
4Bathrooms
1.5Garage · 5 parking
2000-2500Sq ft

About this home

In short

  • Welcome to Woodland Hills, where sophisticated family living meets the beauty of nature.
  • This exceptional home backs onto a serene ravine forest, offering a rare sense of privacy and a spectacular west-facing backyard with beautiful sunset exposure.
  • Thoughtfully designed for both everyday family life and effortless entertaining, the home features 9' ceilings and hardwood flooring throughout the main and upper levels.
  • The gourmet kitchen is the heart of the home, beautifully appointed and open to a spacious family room with views of the lush rear setting.
  • Ideally located close to excellent schools, major shopping, parks and everyday amenities.

Welcome to Woodland Hills, where sophisticated family living meets the beauty of nature. This exceptional home backs onto a serene ravine forest, offering a rare sense of privacy and a spectacular west-facing backyard with beautiful sunset exposure. Thoughtfully designed for both everyday family life and effortless entertaining, the home features 9' ceilings and hardwood flooring throughout the main and upper levels.The gourmet kitchen is the heart of the home, beautifully appointed and open to a spacious family room with views of the lush rear setting. Four generous bedrooms each enjoy their own ensuite bathroom, providing comfort and privacy for every member of the family. A dedicated second-floor laundry room adds exceptional convenience.The finished walk-out lower level extends the living space and opens naturally to the outdoors. Step outside to expansive decking on two levels-perfect for summer entertaining, morning coffee or relaxing while overlooking the fully fenced yard and peaceful forest beyond.Ideally located close to excellent schools, major shopping, parks and everyday amenities. This is a wonderful opportunity to enjoy the best of Woodland Hills living in a home designed for family, comfort and connection to nature.

Key facts

Property type
Detached, 2-Storey
MLS®
N13831752
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
36.09 × 113.2 ft
Cross streets
Woodspring & Bonshaw Ave.
Parking
1.5 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,196 / 2026
Days on market
23
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

BreakfastSecond4.00 × 2.74 m

hardwood floor · open concept · family size kitchen

RecreationBasement7.09 × 4.09 m
Bedroom 2Second3.32 × 3.68 m

laminate · 4 pc bath · closet

Bedroom 3Second3.39 × 3.23 m

laminate · semi ensuite · closet

Living RoomMain3.66 × 7.62 m

hardwood floor · pot lights · open concept

Dining RoomMain3.66 × 7.62 m

hardwood floor · pot lights · open concept

Bedroom 4Second3.08 × 3.66 m

laminate · 4 pc ensuite · closet

KitchenMain4.30 × 3.07 m

backsplash · open concept · ceramic floor

Primary BedroomSecond4.88 × 4.70 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

LaundryBasement3.23 × 1.91 m

window · separate room · ceramic floor

RecreationBasement9.86 × 3.07 m

w/o to yard · open concept · window

Family RoomMain4.88 × 3.96 m

hardwood floor · fireplace · w/o to balcony

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
$1.14Mavg 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 $507/sqft; this home lists at $573/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.29MThis home1.39M1.19M849kThis 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
$1.00M
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
$5,875/mo
$247KIncome needed
5.2×Price ÷ income
$1,356Weekly cost
$22,255Land 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.

91%mortgage
Mortgage $5,875Property tax $600Total carry $6,475

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)
$5,702per month

Mortgage amount $1,031,200 · 4.49% over 25 years

$257,800Down payment (20.0%)
$1,031,200Loan before insurance
$0CMHC premium
$6,301Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,702
Property tax
$600
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,301

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

One-time closing costs

Ontario land transfer tax
$22,255
Estimated closing costs
$22,255

Plus your down payment of $257,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,901/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

$679,305Total interest paid
$1,710,505Total of all payments
Principal $1,031,200 Interest $679,305
YearPrincipalInterestBalance
1$23,012$45,408$1,008,188
2$24,057$44,363$984,131
3$25,149$43,271$958,982
4$26,291$42,129$932,691
5$27,485$40,935$905,206
6$28,733$39,688$876,474
7$30,037$38,383$846,437
8$31,401$37,019$815,036
9$32,827$35,593$782,209
10$34,317$34,103$747,892
11$35,875$32,545$712,016
12$37,504$30,916$674,512
13$39,207$29,213$635,305
14$40,987$27,433$594,318
15$42,848$25,572$551,470
16$44,794$23,627$506,676
17$46,827$21,593$459,849
18$48,954$19,467$410,895
19$51,176$17,244$359,719
20$53,500$14,920$306,219
21$55,929$12,491$250,290
22$58,468$9,952$191,821
23$61,123$7,297$130,698
24$63,898$4,522$66,800
25$66,800$1,621$0

At the end of your 5-year term

Total paid over the term
$342,101
Principal paid down
$125,994
Interest paid
$216,107
Balance remaining
$905,206

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$4,200/mo
$50,400Gross 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 $7,196− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,260

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

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