Home with vinyl exterior material, street for 16958 Bayview Ave, Newmarket Ontario L3Y 6M5
23 hours on Market

16958 Bayview Ave, Newmarket, Ontario L3Y 6M5

Detached
3
2
~1500-2000 sqft
$699,000
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$6,990Cashback
Detached
3
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market23 hours

Estimated valueNot available

Price/Sqft$408/sqft

Monthly cost

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CMA Subject Property

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+51

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

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

Style1 1/2 Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size8,750 SqFt(175 x 50)
Parking Spaces4
MLS ®NumberN12449845
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Basement: Crawl Space

2nd Floor

Primary

4.04 x 3.17

2nd Br

4.08 x 2.9

3rd Br

4.03 x 2.8


Features

Lot size: 8,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

32 days

2023

18 days

2022

18 days

New Listings

Past 30 days

146 listings

Compared to

2024

131 listings

2023

120 listings

2022

89 listings

Units sold

Past 30 days

49 units

Compared to

2024

51 units

2023

39 units

2022

44 units

Median Sold Price

Past 30 days

$1,060,000

Compared to

2024

$1,240,000

2023

$1,150,000

2022

$1,290,000


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
21%
50 to 64
23%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget