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494 Rita's Avenue

Summerhill Estates / Newmarket, ON L3X 2E8

ActiveFor Sale
5 Beds
5 Baths
1,500 Sq Ft
Single Family Home
Virtual Tour Available

About This Property

Welcome to Landmark Estates, ideally located in the heart of Newmarket. This beautifully crafted Monaco Model by a reputable local builder offers approximately 1,950 sq. ft. + basement, totalling over 2,500 sq. ft. of thoughtfully designed living space, featuring 5 bedrooms and 4.5 bathrooms. Extended driveway offering ample parking space. A rare and highly functional layout includes a main floor bedroom complete with a 3-piece ensuite-perfect for multi-generational living, accommodating guests, or creating a private home office. The separate entrance adds exceptional versatility, offering strong potential for additional rental income. The main level showcases 9-ft smooth ceilings, an elegant oak staircase, and a well-appointed layout designed for both everyday comfort and entertaining. Upstairs, the spacious primary retreat features a walk-in closet and a luxurious 5-piece ensuite with double sinks, a separate glass shower, and a modern freestanding tub. Situated along Yonge Street, this home offers unmatched convenience with close proximity to Upper Canada Mall, GO Transit, VIVA transit, Highways 400 & 404, top-rated schools, parks, Magna Recreation Centre, and Glenway Golf Club.An exceptional opportunity for families seeking space, flexibility, and a prime Newmarket location.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms5
Postal CodeL3X 2E8
Last UpdatedAug 8, 2026 · 5:36 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N13224094

Listed by RE/MAX REALTRON REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,080,000

asking price

MLS®N13224094
TypeSingle Family Home
CityNewmarket
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$5,274

/month · $864,000 mortgage

Down Payment20% — $216,000
Interest Rate5.5%

Amortization

Total Interest

$718,135

Total Cost

$1,582,135

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

RE/MAX REALTRON REALTY INC.