16958 Bayview Avenue
16958 Bayview Avenue
$998,880
62 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $4,352 |
| Property Tax (MLS) | $344 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,696 |
Down payment: $199,776 (20.0%) · Mortgage: $799,104
Property tax uses MLS annual tax of $4,122/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REALTRON REALTY INC.
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Data last updated: August 23, 2026 at 10:26 a.m.