106-543 Timothy Street, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13838682

$699,900
For Sale
Listed 20 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq ft

About this home

In short

  • Timothy St Loft's Redesigned by Aspen & Ivy where Modern Charm Meets Urban Luxury.
  • This Large 2 Bedroom Unit boasts Incredible Western, Ravine & City Views.
  • Soaring 13'+ Ceilings with exposed Beams and Mechanicals for a Bright Trendy Vibe.
  • Open Concept Floor Plan with approx 1,025 Square Feet of Luxury Living Space.
  • Spacious Primary Bedroom with Huge Walk In Closet & En Suite bath.

Timothy St Loft's Redesigned by Aspen & Ivy where Modern Charm Meets Urban Luxury! This Large 2 Bedroom Unit boasts Incredible Western, Ravine & City Views! Soaring 13'+ Ceilings with exposed Beams and Mechanicals for a Bright Trendy Vibe. Welcome to Unit 106 - A private, main floor & corner unit - Units like this one rarely come available! Two (2) Parking Spots & Locker are included. Condo Fees Include All Utilities (Water, Gas, Hydro) + Cable/ Fiber Optic Internet! Open Concept Floor Plan with approx 1,025 Square Feet of Luxury Living Space. Modern Eat-In Kitchen with Stainless Steel Appliances, Breakfast Bar & Quartz Counters. Spacious Primary Bedroom with Huge Walk In Closet & En Suite bath. Second Bedroom also has a Walk In Closet. Modern Laminate Flooring, Fresh Paint & Updated Light Fixtures Throughout. NEW Custom Window Coverings with Remote/ Power Shades in the Living Room. Barn Door Features. Ample Storage. Soak in the sunsets & tons of natural light! Located In the heart of Downtown Newmarket W/ Convenient Access To All Amenities Just Steps Away Including The Tom Taylor Trail, Fairy Lake, Main Street Newmarket Shops, Restaurants & So Much More! Walk to Go Train & Hospital. Amenities Include: Gym, Theatre Room, Terrace On The 2nd Floor W/Bbq's, Party Room, Lounge Area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13838682
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Prospect St/Timothy St
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Radiant
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Maintenance
$1,634/mo
Exposure
West
Property tax
$3,513 / 2025
Days on market
20
Listing brokerage
RE/MAX HALLMARK CHAY REALTY

Rooms

Living RoomMain5.92 × 4.28 m

window · laminate

Primary BedroomMain5.14 × 3.98 m

walk-in closet(s) · 4 pc ensuite · window

Bedroom 2Main3.85 × 4.24 m

walk-in closet(s) · window · laminate

KitchenMain3.88 × 4.28 m

stainless steel appl · centre island · quartz counter

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
$495kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $474/sqft; this home lists at $637/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
700kThis home495k490k500kThis 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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$3,190/mo
$165KIncome needed
4.2×Price ÷ income
$736Weekly cost
$10,473Land 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.

62%mortgage
Mortgage $3,190Property tax $293Condo fee $1,634Total carry $5,117

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)
$3,096per month

Mortgage amount $559,920 · 4.49% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$5,023Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$293
Condo / maintenance fees
$1,634
Heating
$0
Estimated monthly cost
$5,023

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

One-time closing costs

Ontario land transfer tax
$10,473
Estimated closing costs
$10,473

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,747/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

$368,848Total interest paid
$928,768Total of all payments
Principal $559,920 Interest $368,848
YearPrincipalInterestBalance
1$12,495$24,656$547,425
2$13,062$24,088$534,363
3$13,655$23,495$520,707
4$14,275$22,875$506,432
5$14,924$22,227$491,508
6$15,601$21,550$475,907
7$16,310$20,841$459,597
8$17,050$20,101$442,547
9$17,824$19,327$424,723
10$18,634$18,517$406,090
11$19,480$17,671$386,610
12$20,364$16,787$366,246
13$21,289$15,862$344,957
14$22,255$14,896$322,702
15$23,266$13,885$299,437
16$24,322$12,829$275,114
17$25,426$11,724$249,688
18$26,581$10,570$223,107
19$27,788$9,363$195,320
20$29,049$8,101$166,270
21$30,368$6,782$135,902
22$31,747$5,404$104,155
23$33,189$3,962$70,966
24$34,695$2,455$36,271
25$36,271$880$0

At the end of your 5-year term

Total paid over the term
$185,754
Principal paid down
$68,412
Interest paid
$117,342
Balance remaining
$491,508

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$3,400/mo
$40,800Gross annual rent
1.8%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.

5.8%
Gross yield
− Property tax $3,513− Condo fees $19,608− Insurance $600− Vacancy & upkeep $4,488Net operating income $12,591

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

CallRequest a showing