28-115 Main Street, Newmarket, ON

Central Newmarket, Newmarket · MLS® N14004196

$549,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
1200-1399Sq ft

About this home

In short

  • Tastefully updated, filled with natural light and set in one of central Newmarket's most connected neighbourhoods.
  • The main floor offers a smart, open-concept living and dining area, a fully renovated kitchen, and a stylish powder room for guests.
  • Upstairs, the bright primary bedroom features a semi-ensuite bath and a generous walk-through closet.
  • Improvements and inclusions: Water Filtration System in Kitchen (2023), Kitchen Renovations (2020), Flooring and Carpets(2020), California Shutters (2020), Hot Water...

Tastefully updated, filled with natural light and set in one of central Newmarket's most connected neighbourhoods. The main floor offers a smart, open-concept living and dining area, a fully renovated kitchen, and a stylish powder room for guests. Upstairs, the bright primary bedroom features a semi-ensuite bath and a generous walk-through closet. The finished lower level adapts to whatever you need most, whether that is a home gym, an entertaining space or a quiet family retreat. Southlake Hospital and the Newmarket GO Station are minutes away, and Main Street is steps from your door with its shops, restaurants, walking and biking trails, and a community tennis court. A location that truly delivers. Improvements and inclusions: Water Filtration System in Kitchen (2023), Kitchen Renovations (2020), Flooring and Carpets(2020), California Shutters (2020), Hot Water Tank (2020 - Owned), Humidifier (2025 - Owned), Furnace (2025 - Rental), Water Softener (2025 - Rental), Air Conditioner (2025 - Rental).

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N14004196
Bedrooms
2
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
DAVIS DRIVE / MAIN STREET SOUTH
Parking
1 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Maintenance
$916/mo
Exposure
North
Property tax
$2,434 / 2025
Days on market
6
Listing brokerage
EXP REALTY

Rooms

Bedroom 2Lower3.34 × 2.93 m

california shutters · broadloom

KitchenMain3.84 × 2.41 m

stainless steel appl · hardwood floor · quartz counter

BreakfastMain2.07 × 1.56 m

california shutters · hardwood floor

RecreationBasement5.48 × 4.23 m

Broadloom

LaundryBasement6.96 × 4.23 m
Primary BedroomLower4.74 × 4.23 m

california shutters · walk-in closet(s) · broadloom

Living RoomMain5.28 × 4.23 m

Hardwood Floor

Family RoomMain3.32 × 1.74 m

california shutters · hardwood floor

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 Central Newmarket · asking prices
$718kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.

Per square foot, these ask about $499/sqft; this home lists at $422/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
549kThis home600k778k699k796kThis home vs active comparables

Neighbourhood & location

Central Newmarket, 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
$686K
Stonehaven-Wyndham
$902K
Armitage
$665K

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
$2,502/mo
$122KIncome needed
4.5×Price ÷ income
$577Weekly cost
$7,455Land 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.

69%mortgage
Mortgage $2,502Property tax $203Condo fee $916Total carry $3,621

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)
$2,428per month

Mortgage amount $439,200 · 4.49% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,547Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,428
Property tax
$203
Condo / maintenance fees
$916
Heating
$0
Estimated monthly cost
$3,547

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

One-time closing costs

Ontario land transfer tax
$7,455
Estimated closing costs
$7,455

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,939/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

$289,324Total interest paid
$728,524Total of all payments
Principal $439,200 Interest $289,324
YearPrincipalInterestBalance
1$9,801$19,340$429,399
2$10,246$18,895$419,153
3$10,711$18,430$408,442
4$11,198$17,943$397,244
5$11,706$17,435$385,538
6$12,238$16,903$373,300
7$12,793$16,348$360,507
8$13,374$15,767$347,133
9$13,981$15,160$333,152
10$14,616$14,525$318,536
11$15,280$13,861$303,256
12$15,973$13,167$287,283
13$16,699$12,442$270,584
14$17,457$11,684$253,127
15$18,250$10,891$234,877
16$19,078$10,063$215,799
17$19,944$9,197$195,855
18$20,850$8,291$175,005
19$21,797$7,344$153,208
20$22,786$6,355$130,422
21$23,821$5,320$106,601
22$24,902$4,239$81,699
23$26,033$3,108$55,666
24$27,215$1,926$28,451
25$28,451$690$0

At the end of your 5-year term

Total paid over the term
$145,705
Principal paid down
$53,662
Interest paid
$92,043
Balance remaining
$385,538

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$4,100/mo
$49,200Gross annual rent
5.4%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.

9.0%
Gross yield
− Property tax $2,434− Condo fees $10,986− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,768

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

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