707 Caradonna Crescent, Newmarket, ON
Armitage, Newmarket · MLS® N14028416
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About this home
In short
- Space, comfort and easy everyday living come together at 707 Caradonna Crescent in Newmarket's established Armitage Village neighbourhood.
- With 1,648 square feet, three bedrooms and three bathrooms, this condo townhome offers a generous layout and incredible value.
- Upstairs, the primary bedroom offers a walk-in closet and an updated five-piece ensuite, a standout feature in a condo townhome.
- The unfinished basement adds useful storage and opportunities to expand the living space.
- Improvements include updated windows, a furnace installed in 2024 and central air conditioning replaced around 2023.
Space, comfort and easy everyday living come together at 707 Caradonna Crescent in Newmarket's established Armitage Village neighbourhood. With 1,648 square feet, three bedrooms and three bathrooms, this condo townhome offers a generous layout and incredible value. The kitchen connects to the dining and living areas, where views of the quiet courtyard create a relaxing setting for meals, conversation and downtime. A separate main-floor family room adds flexibility for a TV room, home office or additional gathering space, with convenient access to the garage. Upstairs, the primary bedroom offers a walk-in closet and an updated five-piece ensuite, a standout feature in a condo townhome. Two more bedrooms and a four-piece bathroom provide space for family, guests or working from home. The unfinished basement adds useful storage and opportunities to expand the living space. Improvements include updated windows, a furnace installed in 2024 and central air conditioning replaced around 2023. Exterior work completed in 2026 includes concrete steps, handrails, interlock, driveway paving, fresh sod and trees. Condo services include lawn maintenance and snow clearing right to the entrance, while the corporation manages replacement of major exterior elements, including windows, roofing and garage doors, as required. With Yonge Street shopping, the Nokiidaa Trail and Bailey Ecological Park, Mulock Park nearby, plus convenient access to schools and transit, this location makes it easy to enjoy south Newmarket. Come explore the layout in person and discover how well this home could fit your next chapter.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- N14028416
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1600-1799 sq ft
- Cross streets
- Yonge St. and Savage Rd.
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $712/mo
- Exposure
- North South
- Property tax
- $3,486 / 2025
- Days on market
- 5
- Listing brokerage
- ROYAL LEPAGE RCR REALTY
Rooms
broadloom · double closet
tile floor · breakfast area · overlooks family
broadloom · bay window · combined w/dining
broadloom · w/o to patio · combined w/living
broadloom · access to garage
broadloom · double closet
broadloom · 5 pc ensuite · walk-in closet(s)
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Considering this property? Request a written price readNeighbourhood & location
Armitage, Newmarket, ON
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $479,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,650
- Property tax
- $291
- Condo / maintenance fees
- $712
- Heating
- $0
- Estimated monthly cost
- $3,652
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,455
- Estimated closing costs
- $8,455
Plus your down payment of $119,800. 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
- $158,975
- Principal paid down
- $58,549
- Interest paid
- $100,425
- Balance remaining
- $420,651
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 ROYAL LEPAGE RCR REALTY. MLS®/PropTx.