522 Ainsworth Drive, Newmarket

Price: $740,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13236566

Welcome to 522 Ainsworth Dr - A well located Freehold Townhome conveniently located near bayview and mulock. This bright and welcoming 3-bedroom, freehold townhouse offers comfortable family living in one of Newmarket's established communities. Enjoy well-designed living space with functional flow and plenty of natural light throughout. The property is ideal for first-time buyers, growing families or investors seeking quality homes in a strong performing area.Prime Location & Desirable Community Situated in the heart of Newmarket, this home is close to parks, schools, transit and everyday conveniences. Newmarket is known for its balanced lifestyle and strong sense of community. The town blends urban amenities with suburban charm - from boutique shops and cafes to lush parkland and active recreation options. Residents enjoy easy access to Fairy Lake, Main Street and a variety of year-round community events. Roof '23, HWT '24, Furnace '24

522 Ainsworth Drive - Townhouse photo 1 of 1 in Newmarket, Ontario
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$740,000 - 522 Ainsworth Drive, Newmarket

Townhouse for Sale in Newmarket

Popular Listing
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13236566
Property Type
Townhouse
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
TRUSTWELL REALTY INC.
Description

Welcome to 522 Ainsworth Dr - A well located Freehold Townhome conveniently located near bayview and mulock. This bright and welcoming 3-bedroom, freehold townhouse offers comfortable family living in one of Newmarket's established communities. Enjoy well-designed living space with functional flow and plenty of natural light throughout. The property is ideal for first-time buyers, growing families or investors seeking quality homes in a strong performing area.Prime Location & Desirable Community Situated in the heart of Newmarket, this home is close to parks, schools, transit and everyday conveniences. Newmarket is known for its balanced lifestyle and strong sense of community. The town blends urban amenities with suburban charm - from boutique shops and cafes to lush parkland and active recreation options. Residents enjoy easy access to Fairy Lake, Main Street and a variety of year-round community events. Roof '23, HWT '24, Furnace '24

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,796.58/mo

Includes CMHC insurance ($20,646)

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5-yr fixed avg.

Principal: $666,000Interest: $452,329
Mortgage Amount$686,646
Total Interest$452,329
Est. Property Tax$524/mo
Total Cost$1,138,975

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

522 Ainsworth Drive, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$524
Insurance (est.)-$154
Net Cash Flow+$2,052

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 $493/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,083 (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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    522 Ainsworth Drive, Newmarket — $740,000 | Battaglia Team