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New5 days ago

397 Hewitt Circle

Summerhill Estates, Newmarket

$1,198,800

Detached|2-Storey
4 | 4 | 6
About this home

Nestled in the heart of Summerhill Estates, one of Newmarket's most desirable, family-centric communities, this fully renovated home offers the perfect blend of space, functionality, and serene natural surroundings. Bright and spacious throughout, the main floor features 9' ceilings, hardwood flooring, an open-concept living and dining area, and a cozy family room overlooking the lush ravine. The modern upgraded kitchen and breakfast area walk out to a large rear patio, perfect for summer entertaining and al fresco dining. Upstairs offers 4 spacious bedrooms, including a generous primary retreat with spa-like ensuite featuring heated floors and a large walk-in closet. The finished lower level adds exceptional versatility with a spacious recreation/entertainment area, bedroom, and 3-piece bathroom, ideal for guests, extended family, or potential in-law/income use. Enjoy the privacy and beauty of a ravine setting while being close to top-rated schools, parks, scenic trails, shopping, dining, transit, and major commuter routes. Move-in ready, ravine-backed, and exceptionally located, this home checks all the boxes!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age16-30
Size2000-2500 sq. ft.
Property Tax$6,691
Lot Size32.01 ft x 114.91 ft
mls© NumberN13778032
Listed ByHOMELIFE NEW WORLD REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,136
Property tax
$558
Heat allowance
$150
Housing costs
$6,844 / mo

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

Down payment20% · $239,760
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,045 / mo
Cash down
$239,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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