$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
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
Features
Interior
- Water Heater
Pool
- None
- Included
- Fridge, Stove, Washer, And Dryer
Mortgage calculator
Estimated mortgage payment
$4,423 per month
- Principal and interest
- $4,423
- Property tax
- $344
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $216,229
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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