Welcome to the Esprit community in Newmarket by Sundial Homes! This brand new 2-bedroom 2.5 bathroom freehold townhome, is to be built and offers 1,340 sq.ft. above ground, with the opportunity for purchasers to select interior finishes and colours. Step inside the ground floor offering a family room. Main floor offers a kitchen, den and living/dining room with a balcony. Upper floor features a primary bedroom with 4-piece ensuite, along with an additional bedroom and a 4-piece main bathroom. Quality standard luxury features include 9" ceilings on the main floor, solid oak natural finish handrails and spindles on stairs, pre-finished oak hardwood flooring in natural finish on ground and main floor, and more!
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $587 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 56 Urbana Lane
Every detail from the listing, in one place.
Type
Townhouse
Style
3-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Full, Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Full · Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Att/Row/Townhouse
56 Urbana Lane Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14143318$645,990
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 56 Urbana Lane 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
$3,174
/mo
based on the purchase price of $645,990
$129,198 cash
$516,792 financed
$435,275 total interest
Principal54%$516,792
Interest46%$435,275
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-bed homes for sale in Newmarket around $646K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings384Homes for sale here right now.
Median vs prior 90 days+1.6%Compared with May 7 – Aug 5, 2026: prices up.
Based on 383 sales from Aug 5 – Nov 3, 2026 (271 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 56 Urbana Lane
How much is 56 Urbana Lane listed for?
56 Urbana Lane is listed at $645,990 (MLS® N14143318). Summitly updates the price as soon as the MLS® record changes.
Is $645,990 a good price for 56 Urbana Lane?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 56 Urbana Lane changed?
No — 56 Urbana Lane is still listed at its original asking price of $645,990.
How many bedrooms and bathrooms does 56 Urbana Lane have?
56 Urbana Lane has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a townhouse in Newmarket.
How much would the monthly mortgage be on 56 Urbana Lane?
About $3,174 a month — principal and interest on $645,990 with 20% down ($129,198), 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 56 Urbana Lane compare with other homes in Newmarket?
Its asking price of $645,990 is about 32% below the median sold price in Newmarket over the last 90 days, $955,000, across 383 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 56 Urbana Lane been sold before?
Summitly has no earlier MLS® sale or lease of 56 Urbana Lane on record from the last two years. Older records aren't shown under TRREB rules.
Where is 56 Urbana Lane?
56 Urbana Lane is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 56 Urbana Lane been on the market?
56 Urbana Lane was listed today (November 3, 2026).
What is the price per square foot of 56 Urbana Lane?
About $431 to $587 per square foot: the asking price of $645,990 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 56 Urbana Lane have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 56 Urbana Lane have a basement, and is it finished?
The listing describes the basement as: Full, Unfinished.
