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

16958 Bayview Ave, Newmarket, Ontario L3Y 6M5

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

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Highlights

Property Estimate

Days on market70 days

Estimated valueNot available

Price/Sqft$408/sqft

Monthly cost

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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


Property listed by RE/MAX REALTRON REALTY INC., Brokerage
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Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

33 days

2023

22 days

2022

20 days

New Listings

Past 30 days

84 listings

Compared to

2024

72 listings

2023

84 listings

2022

68 listings

Units sold

Past 30 days

34 units

Compared to

2024

52 units

2023

33 units

2022

51 units

Median Sold Price

Past 30 days

$1,046,850

Compared to

2024

$1,192,500

2023

$1,134,000

2022

$1,235,000


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