405 Dixon Boulevard, Newmarket, ON
Central Newmarket, Newmarket · MLS® N13606788
About this home
In short
- Charming Detached Bungalow in Prime Central Newmarket.
- This inviting detached bungalow is nestled on a generous 50 ft x 140 ft lot in one of Newmarket's most sought-after, family-friendly neighbourhoods.
- The fully finished basement adds excellent value with two additional bedrooms and a second bathroom-perfect for guest suites, a home office, rental income potential...
Charming Detached Bungalow in Prime Central Newmarket. Discover the perfect blend of comfort, convenience, and versatility. This inviting detached bungalow is nestled on a generous 50 ft x 140 ft lot in one of Newmarket's most sought-after, family-friendly neighbourhoods. Featuring well-designed living space-ideal for growing families, first-time buyers, multi-generational living, or savvy investors. The bright main floor boasts two spacious bedrooms, a functional kitchen, and living areas that create a warm, welcoming atmosphere ready for your personal touches. The fully finished basement adds excellent value with two additional bedrooms and a second bathroom-perfect for guest suites, a home office, rental income potential, or extra family space. Outside, the expansive backyard is a standout feature, offering plenty of room for gardening, children's play, a future deck, patio, or simply unwinding in your private retreat. A detached garage and long driveway provide convenient parking for multiple vehicles. Location shines here. Just minutes from Yonge Street, Upper Canada Mall, top-rated schools, parks, trails, and GO Transit, this home puts you in the heart of everything Newmarket offers-while delivering the peaceful, tree-lined charm of Dixon Blvd. Commuting to Toronto is effortless, yet you're surrounded by community amenities that make daily life enjoyable and convenient. Whether you're searching for your forever home, a smart investment property, or a flexible space that adapts to your lifestyle this property delivers outstanding value in a high-demand area.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13606788
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 50 × 140.17 ft
- Cross streets
- Yonge St/ William Roe Blvd
- Parking
- 2 garage · 5 parking (attached)
- Basement
- Finished with Walk-Out, Full
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $4,859 / 2025
- Days on market
- 85
- Listing brokerage
- KINGSWAY REAL ESTATE
Rooms
double closet · hardwood floor
Hardwood Floor
w/o to patio · wet bar · stone fireplace
double closet · hardwood floor
overlooks living · hardwood floor
w/w closet · hardwood floor
B/I Dishwasher
overlooks garden · hardwood floor · large window
Listed at $899,000. Going by how homes in Central Newmarket and the wider GTA have actually closed against their asking prices (about 97%, 18 local closings in 90 days), the likely sale price is near $873K, if it sells. A realistic range is $818K to $984K.
Independent value check: $826K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $774K and $865K).
Why $826K. The typical detached home sold in Central Newmarket over the past year went for about $870K (85 sales). What sets this one apart:
- ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,859 a year; the typical home sold here pays about $4,600.
- ▲ Raises it slightly2 garage and 5 total parking spaces, against 1 and 5 typically.
Longer on the market than typical. 85 days on the market against about 32 for homes like it here, and asking 9% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $873K, from 18 recent closings in this pocket.
The market behind the math:
About 1.2 months of inventory: 7 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $999/sqft against an area asking average of $872/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Central Newmarket: 40 of the 143 detached leases here lately were basement units, around $1,700 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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $779K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
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 18 comparable homes that sold in Central Newmarket over the past two years, from 165 closings there.
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 $1,033/sqft; this home lists at $999/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Central Newmarket: $718K in September 2026, down 5% from a year ago, on 79 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $848K | 11 |
| November 2025 | $940K | 7 |
| January 2026 | $794K | 6 |
| February 2026 | $895K | 5 |
| March 2026 | $834K | 7 |
| April 2026 | $849K | 9 |
| May 2026 | $864K | 10 |
| June 2026 | $881K | 6 |
| July 2026 | $900K | 8 |
| August 2026 | $855K | 5 |
| September 2026 | $718K | 5 |
Neighbourhood & location
Central Newmarket, Newmarket, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,977
- Property tax
- $405
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,381
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Estimated closing costs
- $14,455
Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $238,595
- Principal paid down
- $87,873
- Interest paid
- $150,722
- Balance remaining
- $631,327
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.
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
The suite is real income here: basements rent in Central Newmarket (40 of 143 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 numbersThe last 26 whole-home leases in Central Newmarket signed at a median of $2,387 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,106. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KINGSWAY REAL ESTATE. MLS®/PropTx.