351 Fairway Gardens, Newmarket, ON
Glenway Estates, Newmarket · MLS® N14083536
About this home
In short
- Stunning Executive Home In Highly Sought-After Glenway Estates.
- 4 bedroom 4 washroom, Situated On A Large pie shaped lot, 82 at rear, Wide Lot On A Quiet Crescent, This Exceptional Home Offers Spacious Living Throughout.
- Main Floor Features Gleaming Hardwood Floors, Large Family Room, Spacious Kitchen With Appliances, And Formal Living & Dining Rooms.
- Renovated Upper Level Features Large Bedrooms, Including A Generous Primary Suite With Updated Ensuite & Custom Dressing Room.
- Private Backyard Oasis With In-Ground Pool, Cabana and shed, Perfect For Summer Entertaining.
Stunning Executive Home In Highly Sought-After Glenway Estates! 4 bedroom 4 washroom, Situated On A Large pie shaped lot, 82 at rear, Wide Lot On A Quiet Crescent, This Exceptional Home Offers Spacious Living Throughout. Main Floor Features Gleaming Hardwood Floors, Large Family Room, Spacious Kitchen With Appliances, And Formal Living & Dining Rooms. Renovated Upper Level Features Large Bedrooms, Including A Generous Primary Suite With Updated Ensuite & Custom Dressing Room. Private Backyard Oasis With In-Ground Pool, Cabana and shed, Perfect For Summer Entertaining! 6-Car Parking! An Exceptional Opportunity In One Of Newmarket's Most Desirable Communities!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14083536
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 54 × 152 ft
- Cross streets
- Crossland/Fairway Gardens
- Parking
- 2 garage · 7 parking (attached)
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $8,569 / 2025
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
gas fireplace · crown moulding · window
double closet · overlooks backyard
5 pc ensuite · walk-in closet(s) · sunken room
semi ensuite · double closet
crown moulding · casement windows · hardwood floor
w/o to balcony · double closet · window
Granite Floor
hardwood floor · french doors
Listed at $1,599,000. Going by how homes in Glenway Estates and the wider GTA have actually closed against their asking prices (about 100%, 14 local closings in 90 days), the likely sale price is near $1.61M, if it sells. A realistic range is $1.50M to $1.81M.
Independent value check: $1.46M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.37M and $1.53M).
Why $1.46M. The typical detached home sold in Glenway Estates over the past year went for about $1.28M (49 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,569 a year; the typical home sold here pays about $6,600.
Total price vs nearby homes. Likely closing about $1.61M, from 14 recent closings in this pocket.
The market behind the math:
About 2.8 months of inventory: 13 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $492/sqft against an area asking average of $505/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.
It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.28M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($492/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 14 comparable homes that sold in Glenway Estates over the past two years, from 87 closings there.
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 $522/sqft; this home lists at $492/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Newmarket: $1.04M in September 2026, up 1% from a year ago, on 532 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Newmarket as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 46 |
| November 2025 | $1.05M | 34 |
| December 2025 | $1.10M | 29 |
| January 2026 | $1.03M | 27 |
| February 2026 | $1.08M | 31 |
| March 2026 | $1.10M | 41 |
| April 2026 | $1.08M | 51 |
| May 2026 | $1.16M | 66 |
| June 2026 | $1.13M | 60 |
| July 2026 | $1.06M | 54 |
| August 2026 | $1.09M | 55 |
| September 2026 | $1.04M | 38 |
Neighbourhood & location
Glenway Estates, Newmarket, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,073
- Property tax
- $714
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,787
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Estimated closing costs
- $28,455
Plus your down payment of $319,800. 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
- $424,375
- Principal paid down
- $156,295
- Interest paid
- $268,080
- Balance remaining
- $1,122,905
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
The suite is real income here: basements rent in Glenway Estates (14 of 65 recent detached leases were basement units, around $1,815 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,815 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 21 whole-home leases in Glenway Estates signed at a median of $4,429 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,236. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.