416 Bartholomew Drive, Newmarket, ON

Summerhill Estates, Newmarket · MLS® N14087400

$998,000
For Sale
Listed 3 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Premium Ravine Lot in Prestigious Summerhill Estates.
  • This well-maintained 4+1 bedroom family home backs onto a beautiful ravine and green space.
  • The bright kitchen , pantry and a breakfast area with walk-out to the deck, overlooking the ravine.
  • A finished walk-out basement with separate entrance, additional kitchen and 1-bedroom in-law apartment offers excellent flexibility for extended family or potential...
  • Conveniently located close to schools, parks, shopping, Yonge Street, public transit and GO Transit, with easy access to Highways 400 and 404.

Premium Ravine Lot in Prestigious Summerhill Estates! This well-maintained 4+1 bedroom family home backs onto a beautiful ravine and green space. The bright kitchen , pantry and a breakfast area with walk-out to the deck, overlooking the ravine. The inviting family room with fireplace is perfect for everyday living and entertaining. The spacious primary bedroom offers a walk-in closet . A finished walk-out basement with separate entrance, additional kitchen and 1-bedroom in-law apartment offers excellent flexibility for extended family or potential rental income. Additional features include central vacuum, attached double garage . Conveniently located close to schools, parks, shopping, Yonge Street, public transit and GO Transit, with easy access to Highways 400 and 404. A wonderful opportunity to enjoy space, versatility and ravine-side living in Summerhill Estates.

Key facts

Property type
Detached, 2-Storey
MLS®
N14087400
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
32.33 × 126.15 ft
Cross streets
Yonge & Mullock
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Apartment, Walk-Out, Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,734 / 2025
Days on market
3
Listing brokerage
EXP REALTY

Rooms

Dining RoomBasement4.59 × 3.30 m

laminate · pot lights · w/o to patio

Primary BedroomSecond3.76 × 4.64 m

3 pc bath · walk-in closet(s) · window

KitchenMain3.50 × 3.00 m

stainless steel appl · pantry · overlooks ravine

BreakfastMain3.50 × 2.53 m

W/O To Deck

Living RoomMain4.05 × 3.30 m

laminate · bay window

Bedroom 4Second3.02 × 3.54 m

laminate · closet · window

Family RoomMain3.30 × 4.84 m

fireplace · laminate · picture window

Bedroom 3Second3.31 × 4.12 m

laminate · closet · overlooks ravine

Bedroom 2Second3.32 × 3.00 m

laminate · closet · window

KitchenBasement3.00 × 3.50 m

Irregular Room

Living RoomBasement5.62 × 3.30 m

w/o to patio · pot lights

Dining RoomMain3.31 × 3.30 m

Laminate

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

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.

Glenway Estates
$1.36M
Armitage
$1.21M
Central Newmarket
$1.04M
Woodland Hill
$1.17M
Bristol-London
$1.00M

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
$4,549/mo
$195KIncome needed
5.1×Price ÷ income
$1,050Weekly cost
$16,435Land 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.

89%mortgage
Mortgage $4,549Property tax $561Total carry $5,110

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)
$4,414per month

Mortgage amount $798,400 · 4.49% over 25 years

$199,600Down payment (20.0%)
$798,400Loan before insurance
$0CMHC premium
$4,976Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,414
Property tax
$561
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,976

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

One-time closing costs

Ontario land transfer tax
$16,435
Estimated closing costs
$16,435

Plus your down payment of $199,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,343/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

$525,947Total interest paid
$1,324,347Total of all payments
Principal $798,400 Interest $525,947
YearPrincipalInterestBalance
1$17,817$35,157$780,583
2$18,626$34,348$761,957
3$19,472$33,502$742,486
4$20,356$32,618$722,130
5$21,280$31,694$700,850
6$22,246$30,728$678,604
7$23,256$29,718$655,348
8$24,312$28,662$631,036
9$25,416$27,558$605,620
10$26,570$26,404$579,050
11$27,776$25,198$551,274
12$29,037$23,936$522,237
13$30,356$22,618$491,881
14$31,734$21,240$460,147
15$33,175$19,799$426,972
16$34,681$18,293$392,291
17$36,256$16,718$356,035
18$37,902$15,072$318,133
19$39,623$13,351$278,510
20$41,422$11,552$237,088
21$43,303$9,671$193,785
22$45,269$7,705$148,516
23$47,324$5,650$101,192
24$49,473$3,501$51,719
25$51,719$1,255$0

At the end of your 5-year term

Total paid over the term
$264,869
Principal paid down
$97,550
Interest paid
$167,320
Balance remaining
$700,850

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$4,200/mo
$50,400Gross annual rent
3.7%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

5.1%
Gross yield
− Property tax $6,734− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,722

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

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