137 Willow Lane, Newmarket, ON

Bristol-London, Newmarket · MLS® N13535998

$799,000
For Sale
Listed 100 days agoNo offer date statedSitting longer than typical
3+2Bedrooms
3Bathrooms
3Parking
700-1100Sq ft

About this home

In short

  • Introducing an exceptional, newly upgraded semi-detached family home - thoughtfully designed for modern living.
  • Brand new furnace and air condition (own) with smart thermostat.
  • Open concept layout with newest modern design elements through the whole house.
  • Upgraded 100 AMP power with new panel.

Introducing an exceptional, newly upgraded semi-detached family home - thoughtfully designed for modern living. Fully approved with city building permits and inspections, this home offers comfort, stylish, and contemporary living. Raised ceiling for the family room and kitchen with beautiful LED illumination. Entire house new insulation including attic and all the wall. Brand new furnace and air condition (own) with smart thermostat. Open concept layout with newest modern design elements through the whole house. Main floor laundry with high-end dual unit. Entire floor is water proof SPC flooring. Upgraded 100 AMP power with new panel. New paved drive way.

Key facts

Property type
Semi-Detached, Bungalow
MLS®
N13535998
Bedrooms
3+2 (5 total)
Bathrooms
3 (1 half)
Size
700-1100 sq ft
Lot
32.5 × 94.97 ft
Cross streets
London Road & Harewood Blvd
Parking
3 parking
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,700 / 2025
Days on market
100
Listing brokerage
CENTRAL HOME REALTY INC.

Rooms

Bedroom 2Main2.44 × 4.42 m

led lighting · vinyl floor · window

Living RoomMain3.67 × 3.37 m

large window · crown moulding · illuminated ceiling

Living RoomBasement3.66 × 7.62 m

panelled · vinyl floor · pot lights

Bedroom 4Basement3.05 × 6.09 m

vinyl floor · window · pot lights

KitchenMain4.27 × 6.09 m

stainless steel appl · combined w/dining · pot lights

Bedroom 3Main2.74 × 2.74 m

led lighting · vinyl floor · window

Bedroom 5Basement3.05 × 3.66 m

vinyl floor · window · led lighting

Primary BedroomMain3.05 × 3.66 m

double closet · indirect lights · panelled

Our TakeTeam Asgarian · Broker
A small discount is typical
$769Klikely sale price

Listed at $799,000. Going by how homes in Bristol-London and the wider GTA have actually closed against their asking prices (about 96%, 6 local closings in 90 days), the likely sale price is near $769K, if it sells. A realistic range is $721K to $867K.

Independent value check: $747K. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $700K and $783K).

Why $747K. The typical semi-detached home sold in Bristol-London over the past year went for about $685K (25 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it3+2 bedrooms and 3 baths, against 3+2 and 2 typically.

Longer on the market than typical. 100 days on the market against about 36 for homes like it here, and asking 7% above where comparable closings put it.

List price
$721KBelow recent closings$867KAbove recent closings

Total price vs nearby homes. Likely closing about $769K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$620Kmedian sold price
92%of asking, on average
−18%prices vs a year ago
~35 dayshomes like this take to sell
100days on market so far
$2,462/moest. rent · 12 leases
3.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 7 semi-detached homes for sale in the area against 6 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 $888/sqft against an area asking average of $829/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Bristol-London: 35 of the 120 detached leases here lately were basement units, around $1,650 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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $659K. 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 6 comparable homes that sold in Bristol-London over the past two years, from 50 closings there.

What sellers nearby are askingCurrently listed nearby in Bristol-London · asking prices
$753kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $836/sqft; this home lists at $888/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
799kThis home749k769k740kThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Newmarket: $844K in September 2026, up 1% from a year ago, on 89 closings in 10 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$821K10
November 2025$874K6
January 2026$742K6
March 2026$854K8
April 2026$868K13
May 2026$743K8
June 2026$786K12
July 2026$827K10
August 2026$848K8
September 2026$844K8

Neighbourhood & location

Bristol-London, 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.

Woodland Hill
$820K
Glenway Estates
$971K

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
$3,642/mo
$152KIncome needed
5.3×Price ÷ income
$840Weekly cost
$12,455Land 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.

92%mortgage
Mortgage $3,642Property tax $308Total carry $3,950

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$3,843Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$308
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,843

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

One-time closing costs

Ontario land transfer tax
$12,455
Estimated closing costs
$12,455

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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 12 whole-home leases in Bristol-London$2,462/mo
$29,544Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,277 to $2,669Typical rent range

The suite is real income here: basements rent in Bristol-London (35 of 120 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 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 12 whole-home leases in Bristol-London signed at a median of $2,336 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,462. 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.

3.7%
Gross yield
− Property tax $3,700− Insurance $1,400− Vacancy & upkeep $3,250Net operating income $21,194

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

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