434 Ritas Avenue, Newmarket, ON
Summerhill Estates, Newmarket · MLS® N13853288
About this home
In short
- Welcome to 434 Rita's Ave., a beautifully upgraded detached home in Newmarket's sought-after Summerhill Estates that blends builder craftsmanship with thoughtful...
- Built by New Era Homes as The Kent, Elevation B, this freehold home offers 1,960 sq. ft. with 4 bedrooms, 3 baths, and a single-car garage, welcoming you home via a...
- The main floor shines with smooth ceilings and pot lights that create a crisp, modern glow throughout, while the open-concept kitchen shines with a large island...
- Upstairs, Hardwood flooring runs throughout, complemented by a primary ensuite that offers a sleek glass shower, while the unfinished basement is a blank canvas for...
- Modern conveniences include keyless PIN code entry, a new high-efficiency furnace and blower, full-home humidifier, and a NEMA 14-50, 50-amp EV outlet in the garage...
Welcome to 434 Rita's Ave., a beautifully upgraded detached home in Newmarket's sought-after Summerhill Estates that blends builder craftsmanship with thoughtful personal touches. Built by New Era Homes as The Kent, Elevation B, this freehold home offers 1,960 sq. ft. with 4 bedrooms, 3 baths, and a single-car garage, welcoming you home via a fully stone-paved interlocking driveway. The main floor shines with smooth ceilings and pot lights that create a crisp, modern glow throughout, while the open-concept kitchen shines with a large island, upgraded tile, under-cabinet lighting, extra-thick quartz counters, a high-end induction stove, and a high-CFM range hood. Main-floor laundry adds everyday ease. Upstairs, Hardwood flooring runs throughout, complemented by a primary ensuite that offers a sleek glass shower, while the unfinished basement is a blank canvas for your vision with two upgraded windows for extra natural light and rough-in for a 3-piece washroom. Modern conveniences include keyless PIN code entry, a new high-efficiency furnace and blower, full-home humidifier, and a NEMA 14-50, 50-amp EV outlet in the garage means EV owners can simply plug in and go. Out back, a spacious 16'x20' composite deck offers low-maintenance outdoor living perfect for summer evenings and hosting. This home sits in one of York Region's most desirable communities that balances suburban privacy while you'll enjoy Newmarket's excellent schools, trails, parks, and vibrant Main Street, with easy access to Yonge Street and GTA commuter routes. Amongst all amenities, the new Mulock Park, which will be open on September 18, within a short walking distance, is a special highlight that offers space for active exploration, a peaceful retreat, and an opportunity to inspire and be inspired by the arts! Thoughtfully upgraded and meticulously maintained since 2021, this home is ready for its next chapter.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13853288
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 29.59 × 111.94 ft
- Cross streets
- Yonge & Mulock
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,057 / 2026
- Days on market
- 17
- Listing brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Rooms
hardwood floor · pot lights
hardwood floor · window · closet
ceramic floor · quartz counter · custom backsplash
hardwood floor · 4 pc ensuite · walk-in closet(s)
Unfinished
ceramic floor · laundry sink
hardwood floor · window · closet
hardwood floor · window · closet
ceramic floor · w/o to deck
Ceramic Floor
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.
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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 $613/sqft; this home lists at $657/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.
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $919,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,082
- Property tax
- $505
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,587
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,455
- Estimated closing costs
- $19,455
Plus your down payment of $229,800. 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
- $304,945
- Principal paid down
- $112,309
- Interest paid
- $192,636
- Balance remaining
- $806,891
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
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 RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.