196 Wainscot Avenue, Newmarket, ON

Woodland Hill, Newmarket · MLS® N13859146

$1,350,000
For Sale
Listed 13 days agoNo offer date stated

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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • THE BACKYARD RETREAT: Imagine stepping out into your own private summer sanctuary in sought-after Woodland Hill.
  • Where in-ground pools are rare, this fully landscaped oasis is built for unwinding and gathering-featuring a tranquil waterfall and an entertainer's cabana with an...
  • EFFORTLESS ENTERTAINING: This 5-bedroom home is designed for large gatherings; the main level features a grand open-concept living and dining space spanning over 25...
  • Upstairs, the spacious primary suite offers a walk-in closet, private 4-pc ensuite.
  • The fully finished lower level features its own separate entrance, full kitchen, bedroom, and 3-piece bath, offering genuine independence and privacy under one roof.

THE BACKYARD RETREAT: Imagine stepping out into your own private summer sanctuary in sought-after Woodland Hill. Where in-ground pools are rare, this fully landscaped oasis is built for unwinding and gathering-featuring a tranquil waterfall and an entertainer's cabana with an upper sundeck overlooking the water. While neighbours plan weekend getaways, your family is already poolside. EFFORTLESS ENTERTAINING: This 5-bedroom home is designed for large gatherings; the main level features a grand open-concept living and dining space spanning over 25 feet, allowing you to extend seating for holiday dinners easily. The bright kitchen flows to a casual breakfast area with a walk-out to the upper BBQ deck, while a generous family room offers a comfortable everyday retreat. MULTIGENERATIONAL HARMONY: Built for growing families, multi-generational households, the perfect in-law suite, or for future income potential. This home delivers exceptional flexibility. Upstairs, the spacious primary suite offers a walk-in closet, private 4-pc ensuite. A double-car garage with direct interior access, generous bedrooms, a large cold cellar/cantina, and ample storage keep daily routines effortless. The fully finished lower level features its own separate entrance, full kitchen, bedroom, and 3-piece bath, offering genuine independence and privacy under one roof. RARE VALUE & TIMELESS FOOTPRINT: With substantial detached pool properties in the area commanding upward values in the neighborhood, this offering provides a solid architectural footprint and irreplaceable outdoor infrastructure at an accessible tier. Enjoy the poolside lifestyle immediately, with the rare upside to tailor interior aesthetics to your exact personal taste over time. THE NEIGHBOURHOOD: Perfectly situated in family-friendly Woodland Hill, steps to scenic parks and trails, acclaimed French Immersion and Catholic schools, Upper Canada Mall, dining, and effortless commuter routes, close to hospital, Rec Centers & more!

Key facts

Property type
Detached, 2-Storey
MLS®
N13859146
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
45.31 × 82.04 ft
Cross streets
Yonge Street & Green Lane
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out, Separate Entrance, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$7,095 / 2026
Days on market
13
Listing brokerage
MAIN STREET REALTY LTD.

Rooms

KitchenMain4.08 × 5.70 m

centre island · granite counters · w/o to deck

Bedroom 5Lower3.05 × 4.60 m

laminate · 3 pc ensuite · closet

LaundrySecond1.00 × 3.00 m

Closet

LaundryLower1.50 × 3.00 m
Bedroom 4Second3.63 × 3.05 m

closet · window

Bedroom 2Second4.60 × 3.78 m

closet · large window

KitchenLower3.05 × 5.33 m

walk-out · centre island · b/i appliances

Living RoomMain7.86 × 3.35 m

hardwood floor · combined w/dining · open concept

LaundryLower3.32 × 1.37 m
Living RoomLower3.32 × 3.96 m
Family RoomMain4.60 × 4.08 m

hardwood floor · gas fireplace · overlooks pool

Bedroom 3Second3.35 × 3.39 m

closet · large window

Primary BedroomSecond6.04 × 4.02 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Dining RoomMain7.65 × 3.35 m

hardwood floor · open concept · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Woodland Hill, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$6,153/mo
$257KIncome needed
5.3×Price ÷ income
$1,420Weekly cost
$23,475Land 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 $6,153Property tax $591Total carry $6,744

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)
$5,972per month

Mortgage amount $1,080,000 · 4.49% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$6,563Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$591
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,563

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

One-time closing costs

Ontario land transfer tax
$23,475
Estimated closing costs
$23,475

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,228/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

$711,452Total interest paid
$1,791,452Total of all payments
Principal $1,080,000 Interest $711,452
YearPrincipalInterestBalance
1$24,101$47,557$1,055,899
2$25,195$46,463$1,030,704
3$26,339$45,319$1,004,364
4$27,535$44,123$976,829
5$28,785$42,873$948,044
6$30,092$41,566$917,952
7$31,459$40,199$886,493
8$32,887$38,771$853,606
9$34,380$37,278$819,226
10$35,941$35,717$783,285
11$37,573$34,085$745,711
12$39,279$32,379$706,432
13$41,062$30,596$665,370
14$42,927$28,731$622,443
15$44,876$26,782$577,567
16$46,913$24,745$530,654
17$49,044$22,615$481,610
18$51,270$20,388$430,340
19$53,598$18,060$376,742
20$56,032$15,626$320,710
21$58,576$13,082$262,134
22$61,235$10,423$200,899
23$64,016$7,642$136,883
24$66,922$4,736$69,961
25$69,961$1,697$0

At the end of your 5-year term

Total paid over the term
$358,290
Principal paid down
$131,956
Interest paid
$226,334
Balance remaining
$948,044

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$5,250/mo
$63,000Gross annual rent
3.5%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.

4.7%
Gross yield
− Property tax $7,095− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,575

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

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