14 Lytham Green Circle Unit 24, Newmarket

Price: $599,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N12647948

Welcome to modern urban living at Glenway Urban Towns by Andrin Homes. This brand new, never-lived-in 2-bedroom, 2-bath condo townhome offers exceptional value in a highly sought-after Newmarket community and includes 1 parking space. Featuring a smart open-concept layout with 9-foot ceilings, large windows, and no wasted space, the home is filled with natural light. The contemporary kitchen includes granite countertops, stainless steel energy-efficient appliances, and modern finishes, with washer and dryer included. Energy Star central air conditioning and heating provide year-round comfort. Ideally located between Bathurst and Yonge, just off Davis Drive, steps to the Newmarket Bus Terminal, GO Bus, and VIVA transit, and close to Costco, retail plazas, restaurants, and entertainment. Minutes to Upper Canada Mall, Newmarket GO Train, Southlake Regional Health Centre, parks, conservation trails, golf courses, and Lake Simcoe, with easy access to Vaughan and the TTC subway. An excellent opportunity to own in a growing, well-connected community offering the perfect balance of urban convenience and outdoor recreation, with cottage country just a short drive away.

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$599,000 - 14 Lytham Green Circle Unit 24, Newmarket

Condo for Sale in Newmarket

135 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N12647948
Property Type
Condo
Status
active
Days on Site
135
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to modern urban living at Glenway Urban Towns by Andrin Homes. This brand new, never-lived-in 2-bedroom, 2-bath condo townhome offers exceptional value in a highly sought-after Newmarket community and includes 1 parking space. Featuring a smart open-concept layout with 9-foot ceilings, large windows, and no wasted space, the home is filled with natural light. The contemporary kitchen includes granite countertops, stainless steel energy-efficient appliances, and modern finishes, with washer and dryer included. Energy Star central air conditioning and heating provide year-round comfort. Ideally located between Bathurst and Yonge, just off Davis Drive, steps to the Newmarket Bus Terminal, GO Bus, and VIVA transit, and close to Costco, retail plazas, restaurants, and entertainment. Minutes to Upper Canada Mall, Newmarket GO Train, Southlake Regional Health Centre, parks, conservation trails, golf courses, and Lake Simcoe, with easy access to Vaughan and the TTC subway. An excellent opportunity to own in a growing, well-connected community offering the perfect balance of urban convenience and outdoor recreation, with cottage country just a short drive away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5%10%50%

5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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 24, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,146

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $666/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.

Negotiation Opportunity

At 135 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,496 (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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    14 Lytham Green Circle Unit 24… — $599,000 | Battaglia Team