For Sale
16958 Bayview Avenue
Central Newmarket, Newmarket, ON
$998,880
3Bd
2Ba
1,750+sqft
4Parking
50 x 175 ftlot
$571/sqft
DetachedMLS# N13113254Listed 2026-05-1146 DOM
Heating
Water Heater
On the market for 46 days — longer than average. The seller may be open to negotiation.
About this home
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.
Rooms
Second Floor
| Primary Bedroom | 4.04 × 3.17 m | |
| Bedroom 2 | 4.08 × 2.90 m | |
| Bedroom 3 | 4.03 × 2.80 m |
Other
| Living Room | 6.90 × 4.85 m | |
| Dining Room | 6.95 × 4.85 m | |
| Family Room | 5.85 × 8.50 m | |
| Kitchen | 6.96 × 5.06 m | |
| Breakfast | 6.96 × 5.06 m | Combined w/Kitchen |
Features
- Water Heater
- Crawl Space
- None
- 1 1/2 Storey
Financials
Annual Taxes
$4,122
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Rental yield3.8% – 5.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Newmarket
Days on market46 days
Buyer's MarketSeller's Market
Based on active listings in Newmarket. Data updates daily.
Demographics — Newmarket
Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership76% own · 24% rent
EnglishFrenchFarsiRussianMandarin
Our estimate for this home
Estimated range
$1.18M – $1.38M
Mid-point $1.28M · ~$731/sqft
How this listing compares
$1.18MList · $999K$1.38M
Medium confidence·Based on 26 central newmarket comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
61
/ 100
Walk Score
Somewhat Walkable
44
/ 100
Transit Score
Some Transit
51
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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