14 LYTHAM GREEN Circle Unit 11, Newmarket

Price: $690,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12896924

Welcome to this 1 Year NEW stacked townhouse offering the perfect blend of comfort, style, and convenience. Featuring two spacious bedrooms and a bright, open-concept living area, this home is ideal for modern living. Step out onto your oversized rooftop terrace, a true highlight perfect for relaxing or entertaining guests. This unit includes two secure underground parking spots and ample visitor parking for added convenience. Situated just steps from Upper Canada Mall, Yonge Street, and a short drive to Southlake Hospital, Highways 404 & 400, GO Transit, Costco, restaurants, and entertainment, everything you need is right at your doorstep. Don't miss this opportunity to own a contemporary home in one of Newmarket's most sought-after locations!

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$690,000 - 14 LYTHAM GREEN Circle Unit 11, Newmarket

Condo for Sale in Newmarket

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12896924
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
CITY PLUS REALTY INC.
Description

Welcome to this 1 Year NEW stacked townhouse offering the perfect blend of comfort, style, and convenience. Featuring two spacious bedrooms and a bright, open-concept living area, this home is ideal for modern living. Step out onto your oversized rooftop terrace, a true highlight perfect for relaxing or entertaining guests. This unit includes two secure underground parking spots and ample visitor parking for added convenience. Situated just steps from Upper Canada Mall, Yonge Street, and a short drive to Southlake Hospital, Highways 404 & 400, GO Transit, Costco, restaurants, and entertainment, everything you need is right at your doorstep. Don't miss this opportunity to own a contemporary home in one of Newmarket's most sought-after locations!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,540.06/mo

Includes CMHC insurance ($19,251)

$
$
5%10%50%

5-yr fixed avg.

Principal: $621,000Interest: $421,766
Mortgage Amount$640,251
Total Interest$421,766
Est. Property Tax$489/mo
Total Cost$1,062,017

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Newmarket

Discover Newmarket

Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Newmarket

  • Convenient location in Newmarket
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

14 LYTHAM GREEN Circle Unit 11, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$1,107

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $575/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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