16365 Bathurst Street, Newmarket

Price: $5,995,000

6 bedrooms, 4 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12749516

This 37 acre estate is situated within the urban boundary of Newmarket, minutes to St. Ann's College and St. Andrews College. The property offers a mix of hardwood and softwood forest, ravine, stream and open land. A long driveway leads to a custom built contemporary home with a ground level in-law suite complete with separate entrance. This spacious home overlooks a gorgeous pool area and open grounds where wildlife abounds. It is not unusual to have deer and wild turkeys frolicking in plain view. A detached 5 car garage for all the toys one would use on this touch of Muskoka just north of Toronto.

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$5,995,000 - 16365 Bathurst Street, Newmarket

Detached for Sale in Newmarket

66 days on market
6Beds
4Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12749516
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
6
Bathrooms
4
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Newmarket
Lot Size
38 sqft
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

This 37 acre estate is situated within the urban boundary of Newmarket, minutes to St. Ann's College and St. Andrews College. The property offers a mix of hardwood and softwood forest, ravine, stream and open land. A long driveway leads to a custom built contemporary home with a ground level in-law suite complete with separate entrance. This spacious home overlooks a gorgeous pool area and open grounds where wildlife abounds. It is not unusual to have deer and wild turkeys frolicking in plain view. A detached 5 car garage for all the toys one would use on this touch of Muskoka just north of Toronto.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$26,517.91/mo

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5-yr fixed avg.

Principal: $4,796,000Interest: $3,159,372
Mortgage Amount$4,796,000
Total Interest$3,159,372
Est. Property Tax$4,246/mo
Total Cost$7,955,372

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.

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Neighbourhood Guide: Newmarket

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

16365 Bathurst Street, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$4,246
Insurance (est.)-$1,249
Net Cash Flow-$645

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1713/sqft, this property is priced above the Newmarket average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 66 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 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 4 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.

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