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Listed 12 days ago

315 Roywood Crescent

Central Newmarket, Newmarket

$999,000

Detached|Backsplit 4
4 | 3 | 5
About this home

Four plus one bedroom backsplit on a pie shaped lot that widens to 63 ft at the rear. Approximately 2,180 sq ft of total finished living space, 1,621 above grade plus 560 finished in the lower level. Open concept main floor with bay window and centre island kitchen. Hardwood on the main, upper and ground levels, laminate in the basement, no carpet anywhere. Three bedrooms upstairs plus a fourth on the ground level beside the family room. The family room runs nearly 23 ft, with a three sided modern fireplace, pantry and walk-out to the backyard. Backyard rebuilt in 2022: inground pool with new liner, interlock throughout and two side walkways, retaining walls. Finished lower level adds a fifth bedroom, office, sitting area and 3 piece bath. Heat pump does the heating with the gas furnace as backup, and a Nest thermostat switches between them to keep fuel and heating costs down. Upstairs fully redone in 2026: flooring, bathroom, staircase and paint. Kitchen, powder room and fireplace 2023. Five parking spaces. 200 amp service with a garage receptacle for electric vehicle charging. Set on a quiet crescent in a mature, established neighbourhood, close to Fairy Lake and its walking trails, and to parks, schools, transit and shopping.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,340
Lot Size48.09 ft x 120.35 ft
mls© NumberN13817836
Listed ByRIGHT AT HOME REALTY

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$445
Heat allowance
$150
Housing costs
$5,708 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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