582 Plantation Gate, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N14081680

$1,049,000
For Sale
Listed 4 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Distinguished Former Model Home Located In The Desirable Summerhill Estates Community.
  • Beautiful 4-Bedroom, 3-Bathroom Detached Home Featuring Hardwood Flooring, Bright Living Room, Formal Dining Area, And Spacious Family Room With Cozy Gas Fireplace.
  • Generously Sized Primary Bedroom With Walk-In Closet And 4-Piece Ensuite.
  • Prime Location Just Steps To Yonge Street, Close To Top-Rated Schools, Parks, Recreational Facilities, Shopping, And Public Transit.

Distinguished Former Model Home Located In The Desirable Summerhill Estates Community! Beautiful 4-Bedroom, 3-Bathroom Detached Home Featuring Hardwood Flooring, Bright Living Room, Formal Dining Area, And Spacious Family Room With Cozy Gas Fireplace. Modern Eat-In Kitchen With Granite Countertops And Walkout To Custom Composite Deck And Fully Fenced Backyard, Ideal For Outdoor Enjoyment. Generously Sized Primary Bedroom With Walk-In Closet And 4-Piece Ensuite. Three Additional Spacious Bedrooms And Well-Appointed Main Bathroom. Additional Features Include Main Floor Laundry, Direct Garage Access, And Spacious Great Room. Prime Location Just Steps To Yonge Street, Close To Top-Rated Schools, Parks, Recreational Facilities, Shopping, And Public Transit. An Excellent Opportunity To Own A Beautiful Family Home In A Highly Sought-After Neighbourhood!

Key facts

Property type
Detached, 2-Storey
MLS®
N14081680
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
32.05 × 115 ft
Cross streets
Mulock Dr & Plantation Gate
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Brick, Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,626 / 2025
Days on market
4
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Dining RoomMain2.94 × 3.02 m

hardwood floor · separate room · french doors

Primary BedroomSecond4.76 × 3.57 m

broadloom · 4 pc ensuite · walk-in closet(s)

BedroomSecond3.01 × 3.39 m

broadloom · closet · pot lights

Great RoomMain4.09 × 3.32 m

hardwood floor · gas fireplace · pot lights

BedroomSecond3.03 × 3.56 m

broadloom · closet · track lighting

BedroomSecond4.68 × 3.06 m

broadloom · double closet · track lighting

KitchenMain4.55 × 3.07 m

hardwood floor · granite counters · w/o to deck

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

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Glenway Estates
$1.36M
Armitage
$1.21M
Central Newmarket
$1.04M
Woodland Hill
$1.18M
Bristol-London
$993K

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
$4,781/mo
$201KIncome needed
5.2×Price ÷ income
$1,103Weekly cost
$17,455Land 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.

91%mortgage
Mortgage $4,781Property tax $469Total carry $5,250

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)
$4,640per month

Mortgage amount $839,200 · 4.49% over 25 years

$209,800Down payment (20.0%)
$839,200Loan before insurance
$0CMHC premium
$5,109Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,640
Property tax
$469
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,109

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

One-time closing costs

Ontario land transfer tax
$17,455
Estimated closing costs
$17,455

Plus your down payment of $209,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,616/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

$552,824Total interest paid
$1,392,024Total of all payments
Principal $839,200 Interest $552,824
YearPrincipalInterestBalance
1$18,727$36,954$820,473
2$19,578$36,103$800,895
3$20,467$35,214$780,428
4$21,396$34,285$759,033
5$22,367$33,314$736,665
6$23,383$32,298$713,282
7$24,445$31,236$688,838
8$25,554$30,127$663,283
9$26,715$28,966$636,569
10$27,928$27,753$608,641
11$29,196$26,485$579,445
12$30,521$25,160$548,924
13$31,907$23,774$517,017
14$33,356$22,325$483,661
15$34,870$20,811$448,791
16$36,453$19,227$412,338
17$38,109$17,572$374,229
18$39,839$15,842$334,390
19$41,648$14,033$292,742
20$43,539$12,142$249,204
21$45,516$10,165$203,688
22$47,582$8,099$156,106
23$49,743$5,938$106,363
24$52,001$3,680$54,362
25$54,362$1,319$0

At the end of your 5-year term

Total paid over the term
$278,405
Principal paid down
$102,535
Interest paid
$175,870
Balance remaining
$736,665

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
2.5%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.

3.6%
Gross yield
− Property tax $5,626− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,616

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

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