353B Ontario Street, Newmarket, ON

$499,000
MLS#:N12452744
0 beds
0 baths
Residential Freehold
Loading property media...

Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of Central Newmarket. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 45.97 x 145.58 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with [] central cooling

Attention Builders, Developers & Investors | Vacant Land | Two Severed Lots (353A & 353B Ontario St) | 91 x 145 Total Lot | **Priced to Sell**An exceptional turnkey infill opportunity in the heart of Central Newmarket. A premium 91-foot frontage parcel that has already been severed into two fully buildable lots - each approximately 45 x 145 - offering the ideal setting for custom homes or a boutique multi-unit residential project. Both lots come with Committee of Adjustment approval for three-storey, three-bedroom homes, streamlining the development process and eliminating months of planning uncertainty. With all municipal services available at the lot line, this site is ready for construction, reducing cost and time to build.353B Ontario Street is approved for approximately 3,650 sqft., featuring a 3-storey layout with 3 bedrooms and 4 bathrooms - a design perfectly aligned with the strong buyer demand for luxury urban infill homes in Newmarket. Located within walking distance to Fairy Lake, Southlake Regional Health Centre, Main Street shops, restaurants, schools, and public transit, this address offers unmatched lifestyle appeal and resale potential. Whether you're looking to build, sell, or hold as an income-producing asset, this property represents a rare, high-yield opportunity in one of Newmarkets most desirable, walkable neighbourhoods.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 2, 2026
Sold price information is available to members only
Listed Date10/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size45.97 × 145.58 Feet
CountyYork
Annual Tax$3,731.34
Legal DescriptionPART LOT 23, NORTH SIDE OF ONTARIO STREET, PLAN 78, NEWMARKET, DESIGNATED AS PARTS 1, 2, 3, 4, 5, 6 & 7 ON PLAN 65R40318 SUBJECT TO AN EASEMENT OVER PTS 6, 5 & 7, 65R40318 AS IN YR3658688 SUBJECT TO AN EASEMENT IN GROSS OVER PART 4 & 5, 65R40318 AS IN YR3660726 TOWN OF NEWMARKET

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

Initializing map...
353B Ontario Street, Newmarket, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 353B Ontario Street, Newmarket, ON L3Y 2K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$311
Utilities & Maint.$350
Total Monthly Cost$2,980

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,390

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.