37 Newbury Drive, Newmarket, ON
Property no longer active
This property was sold on June 11, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of Bristol-London. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $719,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 32.5 x 97 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Other
- Efficient forced air heating via gas
Description
Skip the major renos, permits, and tenant search! This is a turnkey legal 2-unit property (listed on the Town of Newmarket's registry) in a mature, transit-friendly neighbourhood. Upper unit consist of 3 bedrooms and 1 bath, lower unit, 2 bedrooms and 1 bath- both units were beautifully renovated in 2021 with modern finishes and highly functional layouts! The property is currently leased as a single unit at a strong market rate, generating nearly $50,000 in Gross Rental Income with an exceptional Net Operating Income (NOI). Occupied by a responsible professional tenant and family that have expressed a strong desire to remain in place, this asset provides a new owner with immediate, built-in income and the future flexibility of its legalized two-unit zoning. This is a fantastic opportunity for an investor seeking an income-producing asset where the updates and legal status are already secured. Newmarket offers a complete lifestyle with access to major amenities, including Upper Canada Mall, Costco, and Southlake Regional Health Centre. The area is well-connected for easy travel throughout the GTA with quick access to Highway 404 and within walking distance to Viva Transit and the GO station, making commuting convenient and reliable.. Pictures were taken prior to the existing tenants. Photos virtually staged
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Property Summary
This detached home located at 37 Newbury Drive, Newmarket is currently for sale and has been available on SousaSells for 73 days. This property is listed at $719,000 with an estimated mortgage of $2,393* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 37 Newbury Drive, Newmarket is in the Bristol-London neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bristol-London, Newmarket.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Bristol-London, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Greenbelt/Conservation
- Hospital
- Library
- Public Transit
- School
- Place Of Worship
Interior Features
- Other
Security Features
- Alarm System
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 37 Newbury Drive, Newmarket, ON
Q.What is the asking price for 37 Newbury Drive, Newmarket, ON ?
The current listing price for 37 Newbury Drive, Newmarket, ON in Bristol-London, Newmarket is $719,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 37 Newbury Drive, Newmarket, ON ?
37 Newbury Drive, Newmarket, ON is a Semi-Detached (Bungalow-Raised) featuring a Apartment, Separate Entrance basement.
Q.What key property features does 37 Newbury Drive, Newmarket, ON offer?
Key property features include: Greenbelt/Conservation, Hospital, Library, Public Transit, School, Place Of Worship.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.What security features are installed at 37 Newbury Drive, Newmarket, ON ?
Security features include: Alarm System, Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Carport).
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 37 Newbury Drive, Newmarket, ON L3Y 4P9
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 $719,000 in Newmarket, the legal minimum down payment is $46,900 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 $10,855 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 $10,855.
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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.