23-22 Lytham Green Circle, Newmarket, ON

Glenway Estates, Newmarket · MLS® N14084252

$599,900
For Sale
Just listed todayNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this beautifully new condo townhouse in Newmarket's desirable Glenway Estates community only two years old.
  • This modern home features with 2 bedrooms, 2 bathrooms, and 1included parking space.
  • Easy accessible with GO Transit , Highways 400/ 404 and community amenities nearby.

Welcome to this beautifully new condo townhouse in Newmarket's desirable Glenway Estates community only two years old. This modern home features with 2 bedrooms, 2 bathrooms, and 1included parking space. Perfect for first-time buyers, downsizers, or investors. Enjoy convenient access to public transit and only few minutes drive to Upper Canada Mall,restaurants, grocery stores, and Southlake Regional Health Centre. Easy accessible with GO Transit , Highways 400/ 404 and community amenities nearby. Don't miss this opportunity to enjoy modern living in a sought-after neighbourhood.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N14084252
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Yonge St & Davis Dr W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$276/mo
Exposure
South
Property tax
$3,584 / 2026
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Primary BedroomLower2.80 × 4.50 m

walk-in closet(s) · large window

KitchenMain2.70 × 3.20 m

open concept · pot lights

BathroomLower2.40 × 2.60 m

4 pc bath · ceramic floor

BathroomMain1.00 × 2.10 m

2 pc bath · ceramic floor

Bedroom 2Lower2.40 × 3.20 m

double closet · window

Living RoomMain3.20 × 4.20 m

large window · pot lights

Our TakeTeam Asgarian · Broker
In line with recent sales
$607Kautomated estimate, from recent sales

Listed at $599,900, about 1% below our estimate of $607K (homes like it typically land between $565K and $638K).

Why $607K. The typical townhouse sold in Glenway Estates over the past year went for about $560K (11 sales). On tax assessment, size, rooms and lot, this one is close to that typical home.

List price
$565KBelow our range$638KAbove our range

Total price vs nearby homes. Fair value about $607K, learned from recent GTA sales.

The market behind the math:

$2,415/moest. rent · 8 leases
4.8%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $632/sqft against an area asking average of $543/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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $585K. Condition and finishes remain an in-person call.

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 14 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
$696kavg 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 $607K, which is where my estimate comes from.

Per square foot, these ask about $592/sqft; this home lists at $632/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
600kThis home599k688k800kThis 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
$2,734/mo
$123KIncome needed
4.9×Price ÷ income
$631Weekly cost
$8,473Land 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.

83%mortgage
Mortgage $2,734Property tax $299Condo fee $276Total carry $3,308

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,654per month

Mortgage amount $479,920 · 4.49% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,228Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$299
Condo / maintenance fees
$276
Heating
$0
Estimated monthly cost
$3,228

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

One-time closing costs

Ontario land transfer tax
$8,473
Estimated closing costs
$8,473

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,148Total interest paid
$796,068Total of all payments
Principal $479,920 Interest $316,148
YearPrincipalInterestBalance
1$10,710$21,133$469,210
2$11,196$20,647$458,014
3$11,704$20,138$446,310
4$12,236$19,607$434,074
5$12,791$19,051$421,283
6$13,372$18,471$407,910
7$13,979$17,863$393,931
8$14,614$17,229$379,317
9$15,278$16,565$364,040
10$15,971$15,872$348,068
11$16,696$15,146$331,372
12$17,454$14,388$313,918
13$18,247$13,596$295,671
14$19,075$12,767$276,595
15$19,942$11,901$256,654
16$20,847$10,996$235,807
17$21,793$10,049$214,013
18$22,783$9,060$191,230
19$23,817$8,025$167,413
20$24,899$6,944$142,514
21$26,029$5,813$116,485
22$27,211$4,632$89,273
23$28,447$3,396$60,827
24$29,738$2,104$31,089
25$31,089$754$0

At the end of your 5-year term

Total paid over the term
$159,214
Principal paid down
$58,637
Interest paid
$100,576
Balance remaining
$421,283

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 8 whole-home leases in Glenway Estates$2,415/mo
$28,980Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,222 to $2,609Typical 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 8 whole-home leases in Glenway Estates signed at a median of $2,562 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,415. 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.

4.8%
Gross yield
− Property tax $3,584− Condo fees $3,306− Insurance $600− Vacancy & upkeep $3,188Net operating income $18,302

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

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