1011-40 William Roe Boulevard, Newmarket, ON

Central Newmarket, Newmarket · MLS® N14083216

$499,900
For Sale
Listed 4 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

High demand building * Spacious 2 bedroom and bath 'The Janice' model * LR and DR open concept * Updated features include engineered hardwood floors and all unit doors * Updated white kitchen with built-in pantry * SS fridge, SS stove, and SS microwave * Walkout to a large west-facing balcony * Updated bathroom * Ensuite laundry and storage room + locker in basement * Underground parking * Accessible building with party, exercise, and billiard rooms, library, workshop, and lots of guest parking * Lovely gardens and gazebo * Low maintenance fees * Well run building in convenient location!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14083216
Bedrooms
2
Bathrooms
1
Size
900-999 sq ft
Cross streets
Yonge St. and Mulock Drive
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$540/mo
Exposure
West
Property tax
$3,949 / 2025
Days on market
4
Listing brokerage
ROYAL LEPAGE RCR REALTY

Rooms

KitchenFlat2.91 × 2.15 m

updated · ceramic floor

Primary BedroomFlat4.37 × 3.11 m

walk-in closet(s) · hardwood floor · b/i vanity

Bedroom 2Flat3.65 × 2.88 m

closet · hardwood floor

Living RoomFlat5.10 × 4.20 m

open concept · hardwood floor · w/o to balcony

LaundryFlat2.60 × 2.88 m
Dining RoomFlat0.00 × 0.00 m

open concept · hardwood floor

OtherFlat0.00 × 0.00 m
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
$562kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $511/sqft; this home lists at $526/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
500kThis home495k490k700kThis 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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,278/mo
$112KIncome needed
4.5×Price ÷ income
$526Weekly cost
$6,473Land 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.

72%mortgage
Mortgage $2,278Property tax $329Condo fee $540Total carry $3,148

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)
$2,211per month

Mortgage amount $399,920 · 4.49% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,080Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,211
Property tax
$329
Condo / maintenance fees
$540
Heating
$0
Estimated monthly cost
$3,080

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

One-time closing costs

Ontario land transfer tax
$6,473
Estimated closing costs
$6,473

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,676/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

$263,448Total interest paid
$663,368Total of all payments
Principal $399,920 Interest $263,448
YearPrincipalInterestBalance
1$8,925$17,610$390,995
2$9,330$17,205$381,666
3$9,753$16,781$371,912
4$10,196$16,339$361,716
5$10,659$15,876$351,057
6$11,143$15,392$339,914
7$11,649$14,886$328,265
8$12,178$14,357$316,087
9$12,731$13,804$303,356
10$13,309$13,226$290,047
11$13,913$12,622$276,134
12$14,545$11,990$261,589
13$15,205$11,329$246,384
14$15,896$10,639$230,488
15$16,617$9,917$213,871
16$17,372$9,163$196,499
17$18,161$8,374$178,338
18$18,985$7,550$159,353
19$19,847$6,688$139,506
20$20,748$5,786$118,758
21$21,690$4,844$97,067
22$22,675$3,859$74,392
23$23,705$2,830$50,687
24$24,781$1,754$25,906
25$25,906$628$0

At the end of your 5-year term

Total paid over the term
$132,674
Principal paid down
$48,863
Interest paid
$83,811
Balance remaining
$351,057

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$3,050/mo
$36,600Gross annual rent
4.3%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.

7.3%
Gross yield
− Property tax $3,949− Condo fees $6,485− Insurance $600− Vacancy & upkeep $4,026Net operating income $21,540

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

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