$509,000 - 24 Lytham Green Circle Unit 16, Newmarket
Condo for Sale in Newmarket
133 days on market- MLS Number
- N12728656
- Property Type
- Condo
- Status
- active
- Days on Site
- 133
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Newmarket
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Client RemarksDirect from the Builder, this townhome comes with a builder's Tarion full warranty. This is not an assignment. Welcome to smart living at Glenway Urban Towns, built by Andrin Homes. Extremely great value for a brand new, never lived in townhouse. No wasted space, attractive one bedroom, one bathroom Includes one parking spot and TWO lockers. SECOND parking spot available right beside for only $20K. Brick modern exterior facade, tons of natural light. Modern functional kitchen with open concept living, nine foot ceiling height, large windows, quality stainless steel energy efficient appliances included as well as washer/dryer. Energy Star Central air conditioning and heating. Granite kitchen countertops. Perfectly perched between Bathurst and Yonge off David Dr. Close to all amenities & walking distance to public transit bus terminal transport & GO train, Costco, retail plazas, restaurants & entertainment. Central Newmarket by Yonge & Davis Dr, beside the Newmarket bus terminal GO bus (great accessibility to Vaughan and TTC downtown subway) & the VIVA bus stations (direct to Newmarket/access to GO trains), a short drive to Newmarket GO train, Upper Canada Mall, Southlake Regional Heath Centre, public community centres, Lake Simcoe, Golf clubs, right beside a conservation trail/park. Facing Directly Towards Private community park, dog park, dog wash station and car wash stall. visitor parking. Cottage country is almost at your doorstep, offering great recreation from sailing, swimming and boating to hiking,cross-country skiing. The condo is now registered.
Estimate your monthly payments for this property
Estimated Payment
$2,611.43/mo
Includes CMHC insurance ($14,201)
5-yr fixed avg.
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.
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
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.
24 Lytham Green Circle Unit 16, Newmarket
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $848/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 133 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 600 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 $2,121 (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.