16958 Bayview Avenue, Newmarket, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $998,880 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 50 x 175 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient forced air heating via gas
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.
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Property Summary
This detached home located at 16958 Bayview Avenue, Newmarket is currently for sale and has been available on SousaSells for 87 days. This property is listed at $998,880 with an estimated mortgage of $3,325* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 16958 Bayview Avenue, Newmarket is in the Central Newmarket neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 16958 Bayview Avenue, Newmarket, ON
Q.What is the asking price for 16958 Bayview Avenue, Newmarket, ON ?
The current listing price for 16958 Bayview Avenue, Newmarket, ON in Central Newmarket, Newmarket is $998,880.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 16958 Bayview Avenue, Newmarket, ON ?
16958 Bayview Avenue, Newmarket, ON is a Detached (1 1/2 Storey) featuring a Crawl Space basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 16958 Bayview Avenue, Newmarket, ON L3Y 6M5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $998,880 in Newmarket, the legal minimum down payment is $74,888 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,453 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,453.
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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.