41 Hamilton Drive, Newmarket, ON

Huron Heights-Leslie Valley, Newmarket · MLS® N12588926

$1,098,800
For Sale
Listed 324 days agoNo offer date statedSitting longer than typical
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4+2Bedrooms
2Bathrooms
1Garage · 7 parking
2000-2500Sq ft

About this home

In short

  • Solid Detached 4+2 Bedroom Home.
  • Featuring 2 Kitchens & Separate Side-Stair Entry-Ideal For Retirees, Investors, Or Young Professionals Seeking Income Potential.
  • Minutes To Hwy 404 & Yonge St, This Move-In-Ready Property Offers A 200-Amp Service, Cozy Fireplace, And Numerous Upgrades Throughout.
  • Recently Updated & Renovated With Quality Finishes.
  • Includes Concrete Walkway Front & Back, Elegant Crown Moulding, And Hardwood Flooring Throughout For A Clean, Timeless Look.

Rare To Find... Huge Lot...65 x 230 ft. Solid Detached 4+2 Bedroom Home. Featuring 2 Kitchens & Separate Side-Stair Entry-Ideal For Retirees, Investors, Or Young Professionals Seeking Income Potential. Minutes To Hwy 404 & Yonge St, This Move-In-Ready Property Offers A 200-Amp Service, Cozy Fireplace, And Numerous Upgrades Throughout. Recently Updated & Renovated With Quality Finishes. Includes Concrete Walkway Front & Back, Elegant Crown Moulding, And Hardwood Flooring Throughout For A Clean, Timeless Look. The Beautiful 1-Bedroom In-Laws Apartment Is Fully Insulated And Designed For Privacy, Comfort, And Extended Family Living. With Its Large Lot And Exceptional Layout, This Home Delivers A Rare Combination Of Space, Functionality, And Long-Term Value. Mortgage Options Available OAC*

Key facts

Property type
Detached, Sidesplit 4
MLS®
N12588926
Bedrooms
4+2 (6 total)
Bathrooms
2
Size
2000-2500 sq ft
Lot
64.99 × 234.7 ft
Cross streets
Leslie/404/Davis
Parking
1 garage · 7 parking (attached)
Driveway
Private Double
Basement
Apartment, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,992 / 2025
Days on market
324
Listing brokerage
LPT REALTY

Rooms

BedroomLower6.20 × 5.16 m

Hardwood Floor

Bedroom 4Second3.48 × 3.23 m

Hardwood Floor

Bedroom 2Lower5.11 × 4.04 m
KitchenMain5.87 × 3.53 m

Ceramic Backsplash

BreakfastMain5.87 × 3.53 m

combined w/kitchen · ceramic floor

Family RoomLower7.80 × 4.85 m

hardwood floor · pot lights

Dining RoomMain6.48 × 3.48 m

hardwood floor · overlooks garden

Bedroom 3Second3.73 × 3.23 m

Hardwood Floor

Living RoomMain7.80 × 3.86 m

hardwood floor · overlooks garden

Bedroom 2Second4.55 × 4.04 m

Hardwood Floor

FoyerMain4.09 × 4.09 m

ceramic floor · large closet · ceramic floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.06Mlikely sale price

Listed at $1,098,800. Going by how homes in Huron Heights-Leslie Valley and the wider GTA have actually closed against their asking prices (about 97%, 13 local closings in 90 days), the likely sale price is near $1.06M, if it sells. A realistic range is $996K to $1.20M.

Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $972K and $1.09M).

Why $1.04M. The typical detached home sold in Huron Heights-Leslie Valley over the past year went for about $939K (71 sales). What sets this one apart:

  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,992 a year; the typical home sold here pays about $5,200.
  • ▼ Lowers it slightly4+2 bedrooms and 2 baths, against 3+1 and 3 typically.

Longer on the market than typical. 324 days on the market against about 35 for homes like it here, and asking 6% above where comparable closings put it.

List price
$996KBelow recent closings$1.20MAbove recent closings

Total price vs nearby homes. Likely closing about $1.06M, from 13 recent closings in this pocket.

The market behind the math:

13sold nearby · 90 days
$900Kmedian sold price
96%of asking, on average
−8%prices vs a year ago
~29 dayshomes like this take to sell
324days on market so far
$3,574/moest. rent · 14 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 11 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $488/sqft against an area asking average of $647/sqft.

  • basement apartment features. A finished 2 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Huron Heights-Leslie Valley: 18 of the 120 detached leases here lately were basement units, around $1,625 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Newmarket.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $951K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($488/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Huron Heights-Leslie Valley, so I widened the search to the surrounding area.

Based on 13 comparable homes that sold in Huron Heights-Leslie Valley over the past two years, from 117 closings there.

What sellers nearby are askingCurrently listed nearby in Huron Heights-Leslie Valley · asking prices
$1000kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.04M, which is where my estimate comes from.

Per square foot, these ask about $516/sqft; this home lists at $488/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.10MThis home975k850k1.20M1.13M850kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newmarket: $1.04M in September 2026, up 1% from a year ago, on 532 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Newmarket as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.08M46
November 2025$1.05M34
December 2025$1.10M29
January 2026$1.03M27
February 2026$1.08M31
March 2026$1.10M41
April 2026$1.08M51
May 2026$1.16M66
June 2026$1.13M60
July 2026$1.06M54
August 2026$1.09M55
September 2026$1.04M38

Neighbourhood & location

Huron Heights-Leslie Valley, Newmarket, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Gorham-College Manor
$1.04M
Bristol-London
$997K
Stonehaven-Wyndham
$1.48M
Central Newmarket
$1.03M
Armitage
$1.19M

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$5,008/mo
$210KIncome needed
5.2×Price ÷ income
$1,156Weekly cost
$18,451Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $5,008Property tax $499Total carry $5,507

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,860per month

Mortgage amount $879,040 · 4.49% over 25 years

$219,760Down payment (20.0%)
$879,040Loan before insurance
$0CMHC premium
$5,360Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,860
Property tax
$499
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,360

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18,451
Estimated closing costs
$18,451

Plus your down payment of $219,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,883/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$579,069Total interest paid
$1,458,109Total of all payments
Principal $879,040 Interest $579,069
YearPrincipalInterestBalance
1$19,616$38,708$859,424
2$20,507$37,817$838,916
3$21,438$36,886$817,478
4$22,412$35,913$795,067
5$23,429$34,895$771,638
6$24,493$33,831$747,145
7$25,605$32,719$721,540
8$26,768$31,557$694,772
9$27,983$30,341$666,789
10$29,253$29,071$637,536
11$30,582$27,743$606,954
12$31,970$26,354$574,984
13$33,422$24,903$541,562
14$34,939$23,385$506,623
15$36,526$21,799$470,097
16$38,184$20,140$431,913
17$39,918$18,407$391,995
18$41,730$16,594$350,265
19$43,625$14,699$306,640
20$45,606$12,719$261,034
21$47,676$10,648$213,358
22$49,841$8,483$163,517
23$52,104$6,220$111,413
24$54,470$3,855$56,943
25$56,943$1,381$0

At the end of your 5-year term

Total paid over the term
$291,622
Principal paid down
$107,402
Interest paid
$184,219
Balance remaining
$771,638

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 14 whole-home leases in Huron Heights-Leslie Valley$3,574/mo
$42,888Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,350 to $4,024Typical rent range
~39 daysTo find a tenant, on average

The suite is real income here: basements rent in Huron Heights-Leslie Valley (18 of 120 recent detached leases were basement units, around $1,625 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,625 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 14 whole-home leases in Huron Heights-Leslie Valley signed at a median of $3,582 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,574. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.9%
Gross yield
− Property tax $5,992− Insurance $1,400− Vacancy & upkeep $4,718Net operating income $30,778

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.

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