52 Prospect Street, Unit 407, Newmarket, ON

$2,450/mo
MLS#:N14125230
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 2 Bed, 2 Bath Home at 52 Prospect Street Newmarket ON listed at $2,450 (MLS# N14125230) - Main View
For Lease
Added:Oct 28, 2026(3 days ago)
Updated:Oct 28, 2026(3 days ago)
Last Checked:25 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,450 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient carport configuration
  • Notable attributes: Carpet Free, Built-In Oven, Floor Drain
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Welcome to Unit 407 - 52 Prospect, The Evelyn! This brand-new, never-lived-in 2-bed, 2-bath suite offers modern living with premium finishes throughout. Enjoy an open-concept layout featuring luxury vinyl flooring, soaring ceilings, pot lights, ensuite laundry, and an abundance of natural light.Designed with Universal Design principles, this suite offers enhanced accessibility, including generous wheelchair turning radiuses in the kitchen, living area, and primary ensuite. Additional features include an out-swinging front entry door, lowered peepholes and light switches, an accessible kitchen, and a barrier-free (curb-less) walk-in shower with a built-in bench and grab bars in both the shower and beside the toilet in the primary ensuite.The stylish kitchen is designed for both function and entertaining, complete with granite countertops, an oversized stainless steel sink, Whirlpool stainless steel appliances, under-cabinet lighting, and ample cabinetry.Ideally located just steps from Southlake Hospital, the Newmarket GO Station, and minutes to major highways, shopping, restaurants, parks, and vibrant Main Street Newmarket. Built with energy-efficient systems and appliances to help reduce monthly utility costs, with utilities individually metered for added convenience.Storage lockers are available for rent at $45/month and parking is available for $170/month, both subject to availability. Please note: Parking is not included in lease price and Photos shown are of a professionally staged suite within the 49 Charles building featuring the same floor plan and finishes as Unit 407. Unit 407 does NOT have a walk-out balcony.

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Property Summary

This condo apartment located at 52 Prospect Street, Newmarket is currently for sale and has been available for 3 days. This property is listed at $2,450 with an estimated mortgage of $8* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 52 Prospect Street, Newmarket is in the Central Newmarket neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Newmarket.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$2,450/mo
AddedOct 28, 2026 (3 days ago)
UpdatedOct 28, 2026 (3 days ago)
Last Checked25 minutes ago
Transaction TypeFor Lease
List Office NameMAIN STREET REALTY LTD.

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStucco (Plaster)
BasementNone
CountyYork

Parking & Garage

Parking Total1.0
Parking Space1
Garage Parking1.0
Garage TypeCarport

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • Hospital
  • Park
  • School
  • Wooded/Treed

Interior Features

  • Carpet Free
  • Built-In Oven
  • Floor Drain
  • On Demand Water Heater
  • Separate Heating Controls
  • Water Heater
  • Storage Area Lockers
  • Water Meter

Security Features

  • Carbon Monoxide Detectors
  • Security System
  • Monitored
  • Smoke Detector
  • Alarm System

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Newmarket Home Buyer Advisory & Market HubActive MLS® Listing in Newmarket, Ontario

Looking to Buy a Home in Newmarket?

If you are looking for a house in Newmarket or researching Newmarket real estate for sale, this 2-bedroom condo apartment at 52 Prospect Street, Unit 407, Newmarket, ON offers an exceptional opportunity to buy a home in Newmarket, Ontario. Whether you are a first-time Newmarket home buyer or comparing active Newmarket MLS® homes for sale, working with a dedicated Newmarket buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Newmarket Homes for Sale & MLS® Listings

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Dedicated Newmarket Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Newmarket realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Newmarket Buyer Budget & Costs

Estimated mortgage: $8*/month*. Estimated Ontario Land Transfer Tax: $12. First-time Newmarket home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Newmarket

Frequently Asked Questions about 52 Prospect Street, Unit 407, Newmarket, ON

Q.What is the asking price for 52 Prospect Street, Unit 407, Newmarket, ON ?

The current listing price for 52 Prospect Street, Unit 407, Newmarket, ON in Central Newmarket, Newmarket is $2,450.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.

Q.What property type and architectural style is 52 Prospect Street, Unit 407, Newmarket, ON ?

52 Prospect Street, Unit 407, Newmarket, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 52 Prospect Street, Unit 407, Newmarket, ON offer?

Key property features include: Public Transit, Hospital, Park, School, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Built-In Oven, Floor Drain, On Demand Water Heater, Separate Heating Controls, Water Heater, Storage Area Lockers, Water Meter.

Q.What security features are installed at 52 Prospect Street, Unit 407, Newmarket, ON ?

Security features include: Carbon Monoxide Detectors, Security System, Monitored, Smoke Detector, Alarm System.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Carport).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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52 Prospect Street, Unit 407, Newmarket, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Central Newmarket, Newmarket

SAFETY RATING9.1 / 10
Low Incident Area
Total Annual Incidents68 incidents / yr
Average Per Month5.7 incidents / mo
Population Benchmark22,000 residents
Personal Safety
Very Low

24 assaults (109.1/100k)

Property Security
Low

13 B&E (59.1/100k)

Auto Theft Risk
Moderate

18 thefts (81.8/100k)

1-Year Trend
â–Ľ 4.2%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 52 Prospect Street 407, Newmarket, ON L3Y 3S9

Estimated Sales Range
$2,000 - $2,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

Configure Loan Settings

Interest Rate4.00%
Down Payment$735 (30.0%)
* Minimum Canadian down payment required for this price is $123.
Amortization Period30 Years
Estimated Monthly Payment$8Based on a loan of $1,715 over 30 years.
Purchase Price$2,450
Loan Amount$1,715
Provincial Land Transfer Tax:$12
Total Estimated Closing Taxes:$12

About Purchasing a Home in Newmarket, ON

For a property listed at $2,450 in Newmarket, the legal minimum down payment is $123 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 $12 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 $12.

Similar Listings in Central Newmarket, Newmarket

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Central Newmarket, Newmarket 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$1,152,701

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%

Best Schools in Central Newmarket, Newmarket

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

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
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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