520 Silken Laumann Drive Unit 17, Newmarket

Price: $689,999

2 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: N13717814

Welcome to The Legends of St. Andrews, where lifestyle and luxury come together in this beautifully maintained one-level stacked townhouse offering 1,676 sq. ft. of elegant living space overlooking the 18th hole of the St. Andrews Golf Course. This desirable end-unit-style home features additional side windows, filling the space with even more natural daylight and enhancing the already bright, airy atmosphere. The open-concept layout showcases hardwood flooring throughout the living and dining areas, creating a warm and sophisticated setting ideal for both everyday living and entertaining. The spacious primary retreat offers his and hers walk-in closets, a spa-inspired ensuite with a separate shower and soaker tub, tiered ceilings, and a charming bay window. Step out onto your private balcony and unwind while enjoying breath-taking golf course views and stunning sunsets. Complete with a detached garage and one additional parking space, this rare offering combines comfort, elegance, and an unbeatable setting.Photos are virtually staged .

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$689,999 - 520 Silken Laumann Drive Unit 17, Newmarket

Condo for Sale in Newmarket

41 days on market

Neighbourhood: Stonehaven-Wyndham

2Beds
2Baths
1,600Sq Ft
Condo

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Property Details
MLS Number
N13717814
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Newmarket
Taxes (2025)
$3,783
Maintenance Fees
$575/mo
Locker
None
Exposure
East
Balcony
Juliette
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to The Legends of St. Andrews, where lifestyle and luxury come together in this beautifully maintained one-level stacked townhouse offering 1,676 sq. ft. of elegant living space overlooking the 18th hole of the St. Andrews Golf Course. This desirable end-unit-style home features additional side windows, filling the space with even more natural daylight and enhancing the already bright, airy atmosphere. The open-concept layout showcases hardwood flooring throughout the living and dining areas, creating a warm and sophisticated setting ideal for both everyday living and entertaining. The spacious primary retreat offers his and hers walk-in closets, a spa-inspired ensuite with a separate shower and soaker tub, tiered ceilings, and a charming bay window. Step out onto your private balcony and unwind while enjoying breath-taking golf course views and stunning sunsets. Complete with a detached garage and one additional parking space, this rare offering combines comfort, elegance, and an unbeatable setting.Photos are virtually staged .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,540.05/mo

Includes CMHC insurance ($19,251)

$
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5-yr fixed avg.

Principal: $620,999Interest: $421,766
Mortgage Amount$640,250
Total Interest$421,766
Est. Property Tax$489/mo
Total Cost$1,062,016

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: Stonehaven-Wyndham

Discover Stonehaven-Wyndham

Stonehaven-Wyndham 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 Stonehaven-Wyndham

  • •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

Stonehaven-Wyndham 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

520 Silken Laumann Drive Unit 17, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,840/mo
Range: $2,414 - $3,266
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,840
Maintenance Fees-$575
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$1,632

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 $431/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.

Market Position

At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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. The $575/month fees should cover building insurance, common elements, and reserve contributions.

About Stonehaven-Wyndham

I know Stonehaven-Wyndham well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $2,875 (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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    520 Silken Laumann Drive Unit 17 | $689,999 | Battaglia Team