8-11 Lytham Green Circle, Newmarket, ON

Glenway Estates, Newmarket · MLS® N14029914

$710,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Discover exceptional modern living at 11 Lytham Green Circle, Unit 8, in Newmarket's sought-after Glenway Estates community.
  • Built by Andrin Homes in 2024, this beautifully appointed 2-bedroom, 2-bathroom condo townhouse.thoughtfully designed interior space, complemented by an impressive...
  • Featuring 9-foot smooth ceilings, this home combines style, comfort, and functionality.
  • The bright, open-concept living and dining area flows effortlessly into a stunning kitchen featuring quartz countertops, premium cabinetry, stainless steel...
  • Still protected by Tarion new home warranty and ideally situated just steps from Upper Canada Mall, transit, shopping, restaurants, and everyday essentials, with easy...

Discover exceptional modern living at 11 Lytham Green Circle, Unit 8, in Newmarket's sought-after Glenway Estates community. Built by Andrin Homes in 2024, this beautifully appointed 2-bedroom, 2-bathroom condo townhouse.thoughtfully designed interior space, complemented by an impressive private rooftop terrace. Featuring 9-foot smooth ceilings, this home combines style, comfort, and functionality. The bright, open-concept living and dining area flows effortlessly into a stunning kitchen featuring quartz countertops, premium cabinetry, stainless steel appliances, and a spacious centre island with breakfast seating. Generously sized bedrooms provide comfortable retreats, Enjoy outdoor living on your expansive private rooftop terrace, ideal for entertaining, dining, or simply unwinding.Still protected by Tarion new home warranty and ideally situated just steps from Upper Canada Mall, transit, shopping, restaurants, and everyday essentials, with easy access to Newmarket GO Transit and Highways 400 and 404. A remarkable opportunity to enjoy contemporary, low-maintenance living in one of Newmarket's most convenient locatio

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N14029914
Bedrooms
2
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Yonge St & Davis Dr W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$276/mo
Exposure
West
Property tax
$4,163 / 2026
Days on market
6
Listing brokerage
RE/MAX CROSSROADS REALTY INC.
Our TakeTeam Asgarian · Broker
In line with recent sales
$693Kautomated estimate, from recent sales

Listed at $710,000, about 3% above our estimate of $693K (homes like it typically land between $644K and $728K).

Why $693K. The typical townhouse sold in Glenway Estates over the past year went for about $560K (11 sales). What sets this one apart:

  • ▲ Raises itIt is 1,200 to 1,399 sq ft; the typical home sold here is 900 to 999.
List price
$644KBelow our range$728KAbove our range

Total price vs nearby homes. Fair value about $693K, learned from recent GTA sales.

The market behind the math:

6days on market so far
$2,776/moest. rent · 6 leases
4.7%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $546/sqft against an area asking average of $552/sqft.

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 and this building.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $682K. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Glenway Estates, so I widened the search to the surrounding area.

Based on 13 comparable homes that sold in Glenway Estates over the past two years, from 20 closings there.

What sellers nearby are askingCurrently listed nearby in Glenway Estates · asking prices
$687kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $693K, which is where my estimate comes from.

Per square foot, these ask about $529/sqft; this home lists at $546/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
710kThis home710k688k636k800k600kThis home vs active comparables

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.

Central Newmarket
$684K
Armitage
$665K
Stonehaven-Wyndham
$902K

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
$3,236/mo
$143KIncome needed
5.0×Price ÷ income
$747Weekly cost
$10,675Land 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.

84%mortgage
Mortgage $3,236Property tax $347Condo fee $276Total carry $3,858

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)
$3,141per month

Mortgage amount $568,000 · 4.49% over 25 years

$142,000Down payment (20.0%)
$568,000Loan before insurance
$0CMHC premium
$3,763Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,141
Property tax
$347
Condo / maintenance fees
$276
Heating
$0
Estimated monthly cost
$3,763

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

One-time closing costs

Ontario land transfer tax
$10,675
Estimated closing costs
$10,675

Plus your down payment of $142,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,801/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

$374,171Total interest paid
$942,171Total of all payments
Principal $568,000 Interest $374,171
YearPrincipalInterestBalance
1$12,675$25,011$555,325
2$13,251$24,436$542,074
3$13,852$23,834$528,221
4$14,481$23,205$513,740
5$15,139$22,548$498,601
6$15,826$21,860$482,775
7$16,545$21,142$466,230
8$17,296$20,391$448,934
9$18,081$19,605$430,852
10$18,902$18,784$411,950
11$19,761$17,926$392,189
12$20,658$17,029$371,531
13$21,596$16,091$349,935
14$22,576$15,110$327,359
15$23,601$14,085$303,758
16$24,673$13,014$279,085
17$25,793$11,894$253,291
18$26,964$10,722$226,327
19$28,189$9,498$198,138
20$29,469$8,218$168,670
21$30,807$6,880$137,863
22$32,205$5,482$105,658
23$33,668$4,019$71,990
24$35,196$2,491$36,794
25$36,794$893$0

At the end of your 5-year term

Total paid over the term
$188,434
Principal paid down
$69,399
Interest paid
$119,035
Balance remaining
$498,601

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 6 whole-home leases in Glenway Estates$2,776/mo
$33,312Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,554 to $2,998Typical rent range
~33 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 6 whole-home leases in Glenway Estates signed at a median of $2,730 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,776. 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.

4.7%
Gross yield
− Property tax $4,163− Condo fees $3,306− Insurance $600− Vacancy & upkeep $3,664Net operating income $21,578

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

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