233 Sheffield Street, Newmarket, ON

Bristol-London, Newmarket · MLS® N14095780

$1,088,000
For Sale
Just listed todayNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 19, 2026, 6:34 p.m.. Price and status may have changed since; refresh in a minute for the live version.

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4Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Well-Maintained 4-Bedroom Detached Home In A Desirable Newmarket Neighbourhood.
  • Finished Basement With Recreation Room.
  • Close To Schools, Parks, Shopping, Public Transit, And Upper Canada Mall.

Well-Maintained 4-Bedroom Detached Home In A Desirable Newmarket Neighbourhood. Bright And Spacious Layout Featuring A Large Family Room With A Brick Fireplace And Walkout To A Fenced Backyard. Eat-In Kitchen With Breakfast Area And Bow Window. Finished Basement With Recreation Room. Private Driveway With Ample Parking. Close To Schools, Parks, Shopping, Public Transit, And Upper Canada Mall. A Wonderful Opportunity For Families!

Key facts

Property type
Detached, Backsplit 4
MLS®
N14095780
Bedrooms
4
Bathrooms
3
Size
1500-2000 sq ft
Lot
49 × 123.6 ft
Cross streets
Yonge St. & Davis Dr.
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,118 / 2025
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

Bristol-London, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$4,959/mo
$206KIncome needed
5.3×Price ÷ income
$1,144Weekly cost
$18,235Land 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.

92%mortgage
Mortgage $4,959Property tax $427Total carry $5,385

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)
$4,813per month

Mortgage amount $870,400 · 4.49% over 25 years

$217,600Down payment (20.0%)
$870,400Loan before insurance
$0CMHC premium
$5,239Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,813
Property tax
$427
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,239

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

One-time closing costs

Ontario land transfer tax
$18,235
Estimated closing costs
$18,235

Plus your down payment of $217,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,825/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

$573,377Total interest paid
$1,443,777Total of all payments
Principal $870,400 Interest $573,377
YearPrincipalInterestBalance
1$19,424$38,327$850,976
2$20,306$37,446$830,671
3$21,227$36,524$809,443
4$22,191$35,560$787,252
5$23,199$34,552$764,053
6$24,252$33,499$739,801
7$25,353$32,398$714,448
8$26,504$31,247$687,943
9$27,708$30,043$660,235
10$28,966$28,785$631,269
11$30,281$27,470$600,988
12$31,656$26,095$569,332
13$33,093$24,658$536,239
14$34,596$23,155$501,643
15$36,167$21,584$465,476
16$37,809$19,942$427,668
17$39,525$18,226$388,142
18$41,320$16,431$346,822
19$43,196$14,555$303,626
20$45,157$12,594$258,469
21$47,208$10,543$211,261
22$49,351$8,400$161,910
23$51,592$6,159$110,318
24$53,934$3,817$56,383
25$56,383$1,368$0

At the end of your 5-year term

Total paid over the term
$288,755
Principal paid down
$106,347
Interest paid
$182,409
Balance remaining
$764,053

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.

3.5%
Gross yield
− Property tax $5,118− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,124

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

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