214 Lancaster Avenue, Newmarket, ON

Bristol-London, Newmarket · MLS® N13847736

$978,800
For Sale
Listed 18 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1.5Garage · 5.5 parking
1500-2000Sq ft

About this home

In short

  • Walking distance to shopping and public transit.
  • The open concept formal Living and combined Dining room is highlighted by a large bay window to the generous front yard and a large window to the private back yard.
  • The upper floor features three generous bedrooms and a 5 pc family bathroom.

Location! On a quiet crescent! Walking distance to shopping and public transit. Welcome to this well-loved three-plus-one-bedroom home on one of the premium lots in the neighbourhood. This exceptional all brick home is family-ready with a playset, trampoline and a fenced yard for the children while the parents sit under the pergola with their morning coffee overlooking the trees. The entrance is bright and open, featuring a large, convenient front hall closet. The open concept formal Living and combined Dining room is highlighted by a large bay window to the generous front yard and a large window to the private back yard. A spacious kitchen offers plenty of room in the eat-in area for family meals. Walk past the powder room to the private family room complete with woodburning fireplace and sliding door to the backyard completes the main floor layout. The upper floor features three generous bedrooms and a 5 pc family bathroom. The lower level features a recreation or play room where you can relax, an additional office, and a three-piece washroom with an adjoining sauna. The lower-level laundry room has plenty of space to hang your laundry and utilize the freezer. There are spacious storage rooms for all those extras. The garage was built as a two car garage but the current owners extended the front hall closet, reducing its size. It can be changed back to the original size. Be sure to book a showing and make this your next home.

Key facts

Property type
Detached, 2-Storey
MLS®
N13847736
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
50.18 × 110.07 ft
Cross streets
Yonge St/ Kingston Rd
Parking
1.5 garage · 5.5 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,684 / 2026
Days on market
18
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

KitchenMain4.92 × 6.45 m
RecreationLower6.60 × 3.78 m
Dining RoomMain3.78 × 3.02 m

Combined w/Living

Primary BedroomSecond3.70 × 5.46 m
Bedroom 2Second4.47 × 3.63 m
Family RoomMain5.23 × 5.41 m
Living RoomMain5.99 × 3.35 m

Combined w/Dining

Bedroom 3Second3.04 × 3.68 m
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 Bristol-London · asking prices
$923kavg 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 $527/sqft; this home lists at $559/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
979kThis home969k949k850kThis home vs active comparables

Neighbourhood & location

Bristol-London, 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.

Woodland Hill
$1.17M
Glenway Estates
$1.36M
Central Newmarket
$1.04M
Summerhill Estates
$1.07M
Gorham-College Manor
$1.04M

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
$4,461/mo
$189KIncome needed
5.2×Price ÷ income
$1,029Weekly cost
$16,051Land 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.

90%mortgage
Mortgage $4,461Property tax $474Total carry $4,935

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)
$4,330per month

Mortgage amount $783,040 · 4.49% over 25 years

$195,760Down payment (20.0%)
$783,040Loan before insurance
$0CMHC premium
$4,803Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,330
Property tax
$474
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,803

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

One-time closing costs

Ontario land transfer tax
$16,051
Estimated closing costs
$16,051

Plus your down payment of $195,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,240/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

$515,829Total interest paid
$1,298,869Total of all payments
Principal $783,040 Interest $515,829
YearPrincipalInterestBalance
1$17,474$34,481$765,566
2$18,268$33,687$747,298
3$19,097$32,858$728,201
4$19,964$31,991$708,237
5$20,870$31,084$687,367
6$21,818$30,137$665,549
7$22,809$29,146$642,740
8$23,844$28,110$618,896
9$24,927$27,028$593,969
10$26,059$25,896$567,910
11$27,242$24,713$540,668
12$28,479$23,476$512,190
13$29,772$22,183$482,418
14$31,124$20,831$451,294
15$32,537$19,418$418,758
16$34,014$17,941$384,744
17$35,558$16,396$349,185
18$37,173$14,782$312,012
19$38,861$13,094$273,152
20$40,625$11,330$232,527
21$42,470$9,485$190,057
22$44,398$7,557$145,659
23$46,414$5,541$99,245
24$48,521$3,434$50,724
25$50,724$1,231$0

At the end of your 5-year term

Total paid over the term
$259,774
Principal paid down
$95,673
Interest paid
$164,101
Balance remaining
$687,367

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$3,150/mo
$37,800Gross annual rent
2.7%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.

3.9%
Gross yield
− Property tax $5,684− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,558

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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