109 Bonshaw Avenue, Newmarket, ON

Woodland Hill, Newmarket · MLS® N13575740

$1,500/mo
For Lease
Just listed today
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1Bedrooms
1Bathrooms
1Parking
700-1100Sq Ft

About this home

Corner Lot Town In Sought After Woodland Hill Community Feels Like A Semi ,This clean and well-maintained basement suite features an open-concept layout with separate in-suite laundry, and access to a large backyard deck-perfect for relaxing outdoors. Includes one dedicated parking spaces. Ideally located just minutes from Upper Canada Mall, grocery stores, restaurants, parks, transit, and major highways, offering easy access to all amenities. A great opportunity for those seeking a comfortable, low-maintenance home in a convenient location.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13575740
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
Yonge & Davis
Parking
1 parking
Driveway
Available
Basement
Finished with Walk-Out, Separate Entrance, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.
Moe’s TakeTeam Asgarian · Broker
In the wider range
$1,187/moest. value

Listed at $1,500/mo, this rental is within the range of a wider set of rentals, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 9 similar rentals nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3,000/mo
  • Size difference −$754/mo
  • Bedrooms −$300/mo
  • Bathrooms −$200/mo
  • Adjusts to $1,746/mo

That comparable adjusts to $1,746/mo; the $1,187/mo estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

Its public catchment (Phoebe Gilman PS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1,097/moBelow market$1,746/moAbove market

Total price vs nearby homes. Fair value about $1,187/mo, median of 9 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Lifestyle
  • Weigh carefully
Live market pulseActive comparables in Woodland Hill · median list $3K
9active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Woodland Hill, 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.

Getting around

82/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St / Bonshaw Av, about 346 m away

20+ transit stops10 grocery20+ dining14 parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Glenway Estates
$3K

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

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

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Phoebe Gilman PS
77%
Phoebe Gilman PSPublic · Elementary · JK-8 · 0.8 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$7/mo
$4KIncome needed
0.4×Price ÷ income
$2Weekly cost
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.

88%mortgage
Mortgage $7Property tax $1Total carry $8

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6per month

Mortgage amount $1,200 · 4.14% over 25 years

$300Down payment (20.0%)
$1,200Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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

One-time closing costs

Ontario land transfer tax
$8
Estimated closing costs
$8

Plus your down payment of $300. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8/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

$721Total interest paid
$1,921Total of all payments
Principal $1,200 Interest $721
YearPrincipalInterestBalance
1$28$49$1,172
2$29$48$1,143
3$31$46$1,112
4$32$45$1,080
5$33$44$1,047
6$35$42$1,013
7$36$41$977
8$37$39$939
9$39$38$900
10$41$36$860
11$42$34$817
12$44$33$773
13$46$31$727
14$48$29$679
15$50$27$629
16$52$25$577
17$54$23$523
18$56$20$467
19$59$18$408
20$61$16$347
21$64$13$283
22$66$10$217
23$69$8$147
24$72$5$75
25$75$2$0

At the end of your 5-year term

Total paid over the term
$384
Principal paid down
$153
Interest paid
$231
Balance remaining
$1,047

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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