370 Ritas Ave is a 4-bedroom, 2-bathroom detached home in Newmarket, listed for $999,888. It has 2000-2500 sq ft of living space.
1Welcome to Summerhill Estates, one of Newmarket's most desirable family communities.
2This beautifully upgraded 4-bedroom detached residence offers over 2,000 sq. ft. of thoughtfully designed living space, combining timeless elegance with modern functionality.
3Three additional bedrooms offer plenty of room for family, guests, or a dedicated home office.
Welcome to Summerhill Estates, one of Newmarket's most desirable family communities. This beautifully upgraded 4-bedroom detached residence offers over 2,000 sq. ft. of thoughtfully designed living space, combining timeless elegance with modern functionality. From the moment you enter, you'll appreciate the soaring 9-foot ceilings, rich hardwood flooring, designer finishes, and abundance of natural light that flows throughout the open-concept main level.The heart of the home is the chef-inspired kitchen, featuring quartz countertops, a large centre island, ample cabinetry, and seamless sightlines to the living and dining areas, creating the perfect setting for everyday living and effortless entertaining. Spacious principal rooms provide both comfort and versatility, while the well-designed layout caters perfectly to growing families and professionals alike.Upstairs, the generous primary retreat serves as a private sanctuary, complete with a spa-inspired ensuite and ample closet space. Three additional bedrooms offer plenty of room for family, guests, or a dedicated home office. Every detail has been thoughtfully considered to create a home that is both stylish and functional.Ideally located beside parks and green space and just a short walk to Mulock Park, top-rated schools, shopping, restaurants, recreation facilities, and transit, this exceptional property delivers the perfect balance of luxury, convenience, and community. A rare opportunity to own a move-in-ready home in one of Newmarket's most sought-after neighbourhoods.
4 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 370 Ritas Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
370 Ritas Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14128622$999,888
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 370 Ritas Ave Compares to the Newmarket Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,912
/mo
based on the purchase price of $999,888
$199,978 cash
$799,910 financed
$673,734 total interest
Principal54%$799,910
Interest46%$673,734
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Newmarket
Other 3–4 bed homes for sale in Newmarket around $1000K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings378Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with May 2 – Jul 31, 2026: prices up.
Based on 394 sales from Jul 31 – Oct 29, 2026 (263 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
370 Ritas Ave is listed at $999,888 (MLS® N14128622). Summitly updates the price as soon as the MLS® record changes.
Is $999,888 a good price for 370 Ritas Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Newmarket. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 370 Ritas Ave changed?
No — 370 Ritas Ave is still listed at its original asking price of $999,888.
How many bedrooms and bathrooms does 370 Ritas Ave have?
370 Ritas Ave has 4 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Newmarket.
Is 370 Ritas Ave close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 2.8 km in a straight line. East Gwillimbury GO Station is about 4.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 370 Ritas Ave?
About $4,912 a month — principal and interest on $999,888 with 20% down ($199,978), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 370 Ritas Ave compare with other homes in Newmarket?
Its asking price of $999,888 is about 5% above the median sold price in Newmarket over the last 90 days, $951,500, across 394 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 370 Ritas Ave been sold before?
Summitly has no earlier MLS® sale or lease of 370 Ritas Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 370 Ritas Ave?
370 Ritas Ave is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 370 Ritas Ave been on the market?
370 Ritas Ave was listed today (October 29, 2026).
What is the price per square foot of 370 Ritas Ave?
About $400 to $500 per square foot: the asking price of $999,888 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 370 Ritas Ave have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
