88 Banbrooke Crescent, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N13886584

$750,000
For Sale
Listed 7 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • A Turnkey Home in the Heart of Newmarket.
  • Step inside to discover elegant hardwood flooring throughout, a bright and invitingopen-concept living and dining area, and a beautifully updated kitchen designed for...
  • The spacious primary bedroom features a private ensuite and ample closet space, while two additional bedrooms offer excellent flexibility for children, guests, or a...
  • The fully finished walkout basement with a separate entrance adds valuable living space andendless possibilities-perfect for a home office, recreation room, guest...
  • Minutes to Upper Canada Mall, schools, public transit, parks, restaurants, shopping, and everyday amenities, with easy access to major routes.

A Turnkey Home in the Heart of Newmarket!Beautifully move-in ready, this spacious 3-bedroom, 3-bathroom townhome 1758 sqft. nestled inone of Newmarket's most sought-after neighbourhoods, just **walking distance to Yonge Street & Mulock Drive. Offering the perfect blend of modern style, functional space, and unbeatableconvenience, this home is ideal for families, first-time buyers, and investors alike.Step inside to discover elegant hardwood flooring throughout, a bright and invitingopen-concept living and dining area, and a beautifully updated kitchen designed for both everyday living and entertaining. The generous layout provides plenty of room for the whole family, while large windows fill the home with natural light.The spacious primary bedroom features a private ensuite and ample closet space, while two additional bedrooms offer excellent flexibility for children, guests, or a home office.The fully finished walkout basement with a separate entrance adds valuable living space andendless possibilities-perfect for a home office, recreation room, guest suite, or potentialin-law setup. Step outside and enjoy your private deck, perfect for morning coffee, summer BBQs, or relaxing after a long day. Surrounded by parks, trails, and green spaces, this home offers a peaceful suburban setting while keeping you close to everything you need. Prime Newmarket Location! Minutes to Upper Canada Mall, schools, public transit, parks, restaurants, shopping, and everyday amenities, with easy access to major routes. Enjoy the bestof both worlds-quiet neighbourhood living with exceptional urban convenience. Renovated. Spacious. Functional. Walkout Basement. Prime Location. Move-In Ready.**Don't miss this incredible opportunity to make this exceptional Newmarket townhome yourown!**

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13886584
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
19.69 × 125.66 ft
Cross streets
Yonge & Mulock
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Separate Entrance, Finished with Walk-Out, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,440 / 2025
Days on market
7
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Family RoomMain4.57 × 3.10 m

hardwood floor · overlooks backyard · open concept

KitchenMain3.40 × 3.02 m

ceramic floor · eat-in kitchen · overlook patio

Bedroom 3Second3.83 × 2.84 m

hardwood floor · closet · window

Primary BedroomSecond4.60 × 3.81 m

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

BreakfastMain2.74 × 2.49 m

ceramic floor · eat-in kitchen · w/o to deck

Bedroom 2Second4.49 × 2.76 m

hardwood floor · closet · window

Dining RoomMain5.36 × 3.15 m

hardwood floor · combined w/living · large window

Living RoomMain5.36 × 3.15 m

hardwood floor · combined w/dining · large window

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

Neighbourhood & location

Summerhill 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.

Glenway Estates
$795K
Woodland Hill
$841K
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
$3,418/mo
$146KIncome needed
5.1×Price ÷ income
$789Weekly cost
$11,475Land 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.

90%mortgage
Mortgage $3,418Property tax $370Total carry $3,788

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)
$3,318per month

Mortgage amount $600,000 · 4.49% over 25 years

$150,000Down payment (20.0%)
$600,000Loan before insurance
$0CMHC premium
$3,688Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,318
Property tax
$370
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,688

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

One-time closing costs

Ontario land transfer tax
$11,475
Estimated closing costs
$11,475

Plus your down payment of $150,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,015/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

$395,251Total interest paid
$995,251Total of all payments
Principal $600,000 Interest $395,251
YearPrincipalInterestBalance
1$13,389$26,421$586,611
2$13,997$25,813$572,613
3$14,633$25,177$557,980
4$15,297$24,513$542,683
5$15,992$23,818$526,691
6$16,718$23,092$509,973
7$17,477$22,333$492,496
8$18,271$21,539$474,226
9$19,100$20,710$455,125
10$19,967$19,843$435,158
11$20,874$18,936$414,284
12$21,822$17,988$392,462
13$22,812$16,998$369,650
14$23,848$15,962$345,802
15$24,931$14,879$320,871
16$26,063$13,747$294,808
17$27,246$12,564$267,561
18$28,483$11,327$239,078
19$29,777$10,033$209,301
20$31,129$8,681$178,172
21$32,542$7,268$145,630
22$34,020$5,790$111,610
23$35,564$4,246$76,046
24$37,179$2,631$38,867
25$38,867$943$0

At the end of your 5-year term

Total paid over the term
$199,050
Principal paid down
$73,309
Interest paid
$125,741
Balance remaining
$526,691

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
3.7%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.

5.0%
Gross yield
− Property tax $4,440− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,802

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

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