2-20 Lytham Green Circle Unit 191, Newmarket

Price: $588,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N12852390

Main Level Corner Unit !!!! ......This is not an assignment.The condo is now registered!!!.........Welcome to Smart Living at Glenway Urban Towns by Andrin Homes. This brand-new, Main Level, well-designed space and one parking spot, Close to the Unit, and one locker. Featuring a sleek brick-and-modern facade, this suite is filled with natural light and offers a highly functional open-concept layout.Enjoy a contemporary kitchen with granite countertops, high ceilings, large windows, and quality stainless-steel, energy-efficient appliances, along with a full washer and dryer. Energy Star Central air conditioning and heating, this home combines comfort with performance. Ideally located between Bathurst and Yonge, just off David Drive, you're steps from the Newmarket Bus Terminal, GO transit, VIVA stations, and minutes to the GO Train, making commuting effortless. Also, Central Newmarket has great accessibility to Vaughan and TTC downtown subway. Everyday conveniences are close by, including Costco, Upper Canada Mall, restaurants, retail plazas, schools, and entertainment, as well as Southlake Regional Health Centre and multiple community centres and Easy Access to Highways. Nature lovers will appreciate the nearby conservation trail and park. Residents enjoy access to a private community park, dog park, visitor parking, dog wash station, Garbage Chute, Playground, Green Space, Common Area Snow Removal, Security Cameras and car wash bay. Cottage country is almost at your doorstep, offering great recreation from sailing, swimming and boating to hiking, cross-country skiing.

2-20 Lytham Green Circle Unit 191 - Condo photo 1 of 14 in Newmarket, Ontario
2-20 Lytham Green Circle Unit 191 - Condo photo 2 of 14 in Newmarket, Ontario
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$588,000 - 2-20 Lytham Green Circle Unit 191, Newmarket

Condo for Sale in Newmarket

35 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N12852390
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Newmarket
Locker
Owned
Exposure
East
Balcony
Juliette
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Main Level Corner Unit !!!! ......This is not an assignment.The condo is now registered!!!.........Welcome to Smart Living at Glenway Urban Towns by Andrin Homes. This brand-new, Main Level, well-designed space and one parking spot, Close to the Unit, and one locker. Featuring a sleek brick-and-modern facade, this suite is filled with natural light and offers a highly functional open-concept layout.Enjoy a contemporary kitchen with granite countertops, high ceilings, large windows, and quality stainless-steel, energy-efficient appliances, along with a full washer and dryer. Energy Star Central air conditioning and heating, this home combines comfort with performance. Ideally located between Bathurst and Yonge, just off David Drive, you're steps from the Newmarket Bus Terminal, GO transit, VIVA stations, and minutes to the GO Train, making commuting effortless. Also, Central Newmarket has great accessibility to Vaughan and TTC downtown subway. Everyday conveniences are close by, including Costco, Upper Canada Mall, restaurants, retail plazas, schools, and entertainment, as well as Southlake Regional Health Centre and multiple community centres and Easy Access to Highways. Nature lovers will appreciate the nearby conservation trail and park. Residents enjoy access to a private community park, dog park, visitor parking, dog wash station, Garbage Chute, Playground, Green Space, Common Area Snow Removal, Security Cameras and car wash bay. Cottage country is almost at your doorstep, offering great recreation from sailing, swimming and boating to hiking, cross-country skiing.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,016.74/mo

Includes CMHC insurance ($16,405)

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5-yr fixed avg.

Principal: $529,200Interest: $359,418
Mortgage Amount$545,605
Total Interest$359,418
Est. Property Tax$417/mo
Total Cost$905,023

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

2-20 Lytham Green Circle Unit 191, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$935

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

Premium Pricing

At $1176/sqft, this property is priced above the Newmarket average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 35 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.

Efficient Living

At 500 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 $2,450 (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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