131 Maguire Road, Newmarket, ON

Glenway Estates, Newmarket · MLS® N13875508

$899,000
For Sale
Listed 11 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this exceptional corner townhome offering approximately 1,950 sq. ft. of beautifully designed living space, where style, comfort, and functionality come...
  • Filled with natural light, this stunning home boasts an impressive open-concept layout, 9-ft ceilings on the main floor, and a versatile flex space perfect for a home...
  • Thoughtful extras include a Level 2 EV charger, water softener, and additional outdoor parking space.
  • Ideally located close to schools, parks, public transit, shopping, and everyday essentials, this remarkable corner home offers the perfect combination of modern...

Welcome to this exceptional corner townhome offering approximately 1,950 sq. ft. of beautifully designed living space, where style, comfort, and functionality come together! Filled with natural light, this stunning home boasts an impressive open-concept layout, 9-ft ceilings on the main floor, and a versatile flex space perfect for a home office, children's playroom, or additional family living area. The modern chef-inspired kitchen showcases a spacious centre island, elegant granite countertops, stylish backsplash, upgraded cabinetry, and stainless steel appliances-perfect for everyday living and entertaining. Enjoy the convenience of second-floor laundry, upgraded bathroom finishes, and custom cabinetry in the walk-in closet. Thoughtful extras include a Level 2 EV charger, water softener, and additional outdoor parking space. Step outside to your private, fully fenced backyard, beautifully enhanced with interlocking stone and a dedicated gas BBQ line-an ideal setting for summer gatherings and relaxation. Attractive interlocking in the front adds to the home's curb appeal. Ideally located close to schools, parks, public transit, shopping, and everyday essentials, this remarkable corner home offers the perfect combination of modern upgrades, extra outdoor space, and family-friendly living. A home that truly stands out-don't miss this incredible opportunity!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13875508
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Cross streets
Bathurst St/Davis Dr
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,275 / 2026
Days on market
11
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
Our TakeTeam Asgarian · Broker
In line with recent sales
$863Kautomated estimate, from recent sales

Listed at $899,000, about 4% above our estimate of $863K (homes like it typically land between $808K and $904K).

Why $863K. The typical townhouse sold in Glenway Estates over the past year went for about $870K (12 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,275 a year; the typical home sold here pays about $4,700.
List price
$808KBelow our range$904KAbove our range

Total price vs nearby homes. Fair value about $863K, learned from recent GTA sales.

The market behind the math:

11days on market so far
$3,358/moest. rent · 29 leases
4.5%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $514/sqft against an area asking average of $518/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $829K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 3 homes sold on this street over the past two years, plus 2 nearby in Glenway Estates, from 21 closings in Glenway Estates.

What sellers nearby are askingCurrently listed nearby in Glenway Estates · asking prices
$795kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $863K, which is where my estimate comes from.

Per square foot, these ask about $518/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
899kThis home798k829k769k799k780kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Newmarket: $748K in September 2026, down 4% from a year ago, on 97 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Newmarket as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$842K7
November 2025$870K12
December 2025$780K6
January 2026$810K5
March 2026$844K6
April 2026$828K9
May 2026$840K17
June 2026$858K12
July 2026$822K7
August 2026$837K8
September 2026$748K8

Neighbourhood & location

Glenway Estates, 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
$841K
Summerhill Estates
$874K
Gorham-College Manor
$769K

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
$4,097/mo
$174KIncome needed
5.2×Price ÷ income
$946Weekly cost
$14,455Land 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 $4,097Property tax $440Total carry $4,537

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)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,416Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$440
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,416

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

One-time closing costs

Ontario land transfer tax
$14,455
Estimated closing costs
$14,455

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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
From 29 whole-home leases in Glenway Estates$3,358/mo
$40,296Gross annual rent
3.2%Cap rate after taxes and upkeep
$3,190 to $3,526Typical rent range
~31 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 29 whole-home leases in Glenway Estates signed at a median of $3,156 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,358. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.5%
Gross yield
− Property tax $5,275− Insurance $1,400− Vacancy & upkeep $4,433Net operating income $29,188

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

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