1000 Elgin Street, Newmarket, ON
Huron Heights-Leslie Valley, Newmarket · MLS® N13649912
About this home
In short
- Welcome to 1000 Elgin Street, Newmarket - a beautiful starter home or investment property with great rental potential set on a premium lot in a highly sought-after...
- Nestled on an impressive 181-foot deep lot backing onto lush green space and a serene ravine, this charming property offers privacy, natural views, and the perfect...
- Key Features: Expansive 181-foot deep lot with no rear neighbors -Walkout basement with rough-ins - ideal for an in-law suite.
- You're also minutes from Southlake Regional Health Centre, Highway 404, and the Newmarket GO Station for easy commuting.
Welcome to 1000 Elgin Street, Newmarket - a beautiful starter home or investment property with great rental potential set on a premium lot in a highly sought-after location. Nestled on an impressive 181-foot deep lot backing onto lush green space and a serene ravine, this charming property offers privacy, natural views, and the perfect backdrop for family living. Situated in a quiet, established neighborhood lined with mature trees, you'll appreciate the peaceful atmosphere and strong sense of community. Key Features: Expansive 181-foot deep lot with no rear neighbors -Walkout basement with rough-ins - ideal for an in-law suite. Perfect for first-time buyers or growing families. Enjoy unmatched convenience just steps from parks, schools, plazas, and public transit. You're also minutes from Southlake Regional Health Centre, Highway 404, and the Newmarket GO Station for easy commuting. Within walking distance, you'll find a wide range of everyday amenities including shops, restaurants, banks, a walk-in clinic, dental office, and optometrist - plus a gas station just up the street. An exciting new Costco is also coming soon to the area, adding even more value and convenience. Don't miss this exceptional opportunity to own a home in a thriving, family-friendly neighborhood.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13649912
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 66 × 181 ft
- Cross streets
- ELGIN STREET AND LESLIE STREET
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Partially Finished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Vinyl Siding
- Foundation
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,346 / 2025
- Days on market
- 73
- Listing brokerage
- RE/MAX METROPOLIS REALTY
Rooms
combined w/dining · laminate · w/o to yard
combined w/living · laminate · w/o to yard
Laminate
laminate · closet
laminate · closet
laminate · large window
Listed at $888,000. 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 $859K, if it sells. A realistic range is $805K to $968K.
Independent value check: $912K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $854K and $955K).
Why $912K. 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 it stronglyIts tax bill, which follows the city's own assessment, is $6,346 a year; the typical home sold here pays about $5,200.
- ▼ Lowers it slightlyIts lot is 66 by 181 ft; the typical lot sold here is 50 by 114.
- ▼ Lowers it slightly1 garage and 3 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $859K, from 13 recent closings in this pocket.
The market behind the math:
About 3.5 months of inventory: 15 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $683/sqft against an area asking average of $727/sqft.
- Park / green-space backing. This home is described as backing onto a ravine or green setting, and the listing says so too. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $882K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Read this with carewhy it’s an estimate, not an appraisal
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.
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 $802/sqft; this home lists at $683/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 46 |
| November 2025 | $1.05M | 34 |
| December 2025 | $1.10M | 29 |
| January 2026 | $1.03M | 27 |
| February 2026 | $1.08M | 31 |
| March 2026 | $1.10M | 41 |
| April 2026 | $1.08M | 51 |
| May 2026 | $1.16M | 66 |
| June 2026 | $1.13M | 60 |
| July 2026 | $1.06M | 54 |
| August 2026 | $1.09M | 55 |
| September 2026 | $1.04M | 38 |
Neighbourhood & location
Huron Heights-Leslie Valley, 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 20, 2026); conventional rates run a little higher.
Mortgage amount $710,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,928
- Property tax
- $529
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,457
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,235
- Estimated closing costs
- $14,235
Plus your down payment of $177,600. 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
- $235,675
- Principal paid down
- $86,798
- Interest paid
- $148,878
- Balance remaining
- $623,602
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 Huron Heights-Leslie Valley (18 of 119 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 numbersThe last 22 whole-home leases in Huron Heights-Leslie Valley signed at a median of $2,893 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,020. 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 RE/MAX METROPOLIS REALTY. MLS®/PropTx.