Gurvinder Nokwal REALTOR®
For Sale Detached 160 days on market

$998,880

Est. payment $4,423/moCalculate yours

16958 Bayview Avenue, Newmarket, ON L3Y 6M5

Central Newmarket, Newmarket, ON L3Y 6M5

  • 3 Beds
  • 2 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of RE/MAX REALTRON REALTY INC. MLS® N13113254

About this home

This is a rare chance to own a prime property in the heart of downtown Newmarket, set on an expansive lot with incredible potential. Whether you’re looking to build your dream home or explore a smart investment, the possibilities are wide-ranging including the potential for multi-residential development or a garden suite. Just steps from City Hall and the historic Main Street, known for its year-round festivals and vibrant community events, the location also offers quick access to Southlake Hospital, major highways, and Upper Canada Mall. The existing home features a spacious eat-in kitchen with the opportunity for an open-concept redesign, and a large deck that overlooks a beautifully treed backyard ideal for summer living. Situated in a prestigious, family-friendly neighborhood close to top-rated schools and parks, this property stands out as an exceptional opportunity with both lifestyle and investment appeal.

Property details

Overview

Property Type
Detached
Style
1 1/2 Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Basement
Crawl Space

Building & Systems

Heating
Forced Air (Gas)
Cooling
None
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Other

Lot & Parking

Lot Size
50 x 175 Feet
Parking
None garage · 4 total
Zoning
Icbl R1-D

Financial

Property Taxes
$4,122 (2025)

Location

Neighbourhood
Central Newmarket
Cross Street
Bayview / Mulock
Direction Faces
West

Listing

MLS® Number
N13113254
Days on Market
160
Listed On
2026-05-11
Possession
TBA
Listed By
RE/MAX REALTRON REALTY INC.

Rooms

Room Level Dimensions
Dining Room Ground 22′ 10″ × 15′ 11″
Bedroom 3 Second 13′ 3″ × 9′ 2″
Primary Bedroom Second 13′ 3″ × 10′ 5″
Family Room Ground 19′ 2″ × 27′ 11″
Kitchen Ground 22′ 10″ × 16′ 7″
Living Room Ground 22′ 8″ × 15′ 11″
Breakfast Ground 22′ 10″ × 16′ 7″
Bedroom 2 Second 13′ 5″ × 9′ 6″

Features

Interior

  • Water Heater

Pool

  • None
Included
Fridge, Stove, Washer, And Dryer

Mortgage calculator

Minimum for this price: $74,888 (7.5%)

Amortization, years

Estimated mortgage payment

$4,423 per month

Principal and interest
$4,423
Property tax
$344
Estimated monthly cost
$4,766

Your mortgage

Mortgage amount
$799,104
Mortgage insurance
Not needed
Interest over 25 years
$527,743

Cash to close

Down payment
$199,776
Land transfer tax
$16,453
Total, before legal fees
$216,229
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

16958 Bayview Avenue, Newmarket, ON L3Y 6M5 Central Newmarket, Newmarket, ON L3Y 6M5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$998,880 16958 Bayview Avenue, Newmarket, ON L3Y 6M5
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