$898,800 - 107 Bayview Parkway, Newmarket
Semi-Detached for Sale in Newmarket
51 days on market- MLS Number
- N13037940
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 51
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Newmarket
- Listing Brokerage
- iCloud Realty Ltd.
Rare Find! Great location, Tastefully renovated larger-than-typical bungalow with Over 2400 Sqft total living space. 1241 Sqft above grade and a legal secondary suite apartment registered with the Town of Newmarket #2010-0038, offering outstanding flexibility for multi-generational living or added income. It was previously rented for $5300 ($3100 Main & $2200 Basement). The main floor showcases a bright open-concept layout, a stylish renovated kitchen with quartz countertops and backsplash, new flooring, pot lights, and 2 full bathrooms, including a primary ensuite. The primary bedroom features a walk-in closet, and the private foyer adds a refined sense of arrival. The lower-level registered secondary suite is impressively bright with above-grade windows and offers a spacious open layout, upgraded cabinetry, newer appliances, separate laundry, new stairs, pot lights, and a private side entrance. With a fully fenced backyard, no sidewalk, and parking for 4+ vehicles, this property combines function, flexibility, and location. Steps to a beautiful bike trail, Upper Canada Mall, Newmarket GO Station, Southlake Hospital, shopping, restaurants, Main Street, parks, and minutes to Highways 404 and 400
Estimate your monthly payments for this property
Estimated Payment
$4,611.31/mo
Includes CMHC insurance ($25,077)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Newmarket
Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Newmarket
- •Convenient location in Newmarket
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
107 Bayview Parkway, Newmarket
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $817/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 51 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Newmarket are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Newmarket.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,745 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.