$1,198,000
283 Avenue Road, Newmarket, ON L3Y 1N8
Central Newmarket
Listing courtesy of RE/MAX WEST REALTY INC.
Central Newmarket · L3Y 6M5
$998,880
$666 / sq ft5 months on market
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.
8 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Ground | 6.90 × 4.85 m22.6 × 15.9 ft | — |
| Dining Room | Ground | 6.95 × 4.85 m22.8 × 15.9 ft | — |
| Family Room | Ground | 5.85 × 8.50 m19.2 × 27.9 ft | — |
| Kitchen | Ground | 6.96 × 5.06 m22.8 × 16.6 ft | — |
| Breakfast | Ground | 6.96 × 5.06 m22.8 × 16.6 ft | Combined w/Kitchen |
| Primary Bedroom | Second | 4.04 × 3.17 m13.3 × 10.4 ft | — |
| Bedroom 2 | Second | 4.08 × 2.90 m13.4 × 9.5 ft | — |
| Bedroom 3 | Second | 4.03 × 2.80 m13.2 × 9.2 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 45% of comparable detached listings in Central Newmarket are asking less.
Based on 31 comparable active detached listings in Central Newmarket. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $998,880. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX REALTRON REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
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$1,198,000
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Listing courtesy of RE/MAX WEST REALTY INC.
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