49 Don Mor Drive, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13725226

$988,000
For Sale
Listed 51 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
1Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Welcome To 49 And 49B Don Mor Drive.
  • There Are Two Completely Separate Legal Units With Its Own Garbage Collection, Canada Post Mailbox, With Separate Entrance, It Makes A Great Income Property.
  • New Roof 2019 (35 Years) Tenants Must be Assumed.

Welcome To 49 And 49B Don Mor Drive. There Are Two Completely Separate Legal Units With Its Own Garbage Collection, Canada Post Mailbox, With Separate Entrance, It Makes A Great Income Property. It Is Sitting On A Large Mature Lot With Great Curb Appeal, And A Long Driveway. In Law Potential. Two Oversized Bright Sunrooms With A Fireplace. Great For Investors And Builders. Minutes Walk To Yonge Street, Bus Stops, Shops And All Amenities. New Roof 2019 (35 Years) *Tenants Must be Assumed.*

Key facts

Property type
Detached, Bungalow
MLS®
N13725226
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
70 × 130 ft
Cross streets
Yonge/ Eagle
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,617 / 2025
Days on market
51
Listing brokerage
KINGSWAY REAL ESTATE

Rooms

Bedroom 3Ground2.80 × 2.80 m
Primary BedroomGround4.47 × 3.03 m

hardwood floor · his and hers closets

RecreationBasement7.57 × 4.23 m
Living RoomGround3.70 × 5.30 m

laminate · fireplace

Bedroom 4Basement4.72 × 2.10 m

4 Pc Ensuite

SunroomGround4.15 × 2.70 m

W/O To Yard

KitchenGround2.95 × 3.45 m
Bedroom 5Basement3.35 × 2.60 m
Dining RoomGround2.40 × 2.95 m

Laminate

Bedroom 2Ground3.48 × 3.20 m

Hardwood Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Central Newmarket · asking prices
$968kavg 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 $1,076/sqft; this home lists at $1,098/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
988kThis home885k870k1.15MThis home vs active comparables

Neighbourhood & location

Central Newmarket, 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.

Summerhill Estates
$1.07M
Glenway Estates
$1.36M
Armitage
$1.21M
Bristol-London
$1.00M
Woodland Hill
$1.18M

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
$4,503/mo
$187KIncome needed
5.3×Price ÷ income
$1,039Weekly cost
$16,235Land 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 $4,503Property tax $385Total carry $4,888

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,370per month

Mortgage amount $790,400 · 4.49% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$4,755Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,370
Property tax
$385
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,755

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

One-time closing costs

Ontario land transfer tax
$16,235
Estimated closing costs
$16,235

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,289/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

$520,677Total interest paid
$1,311,077Total of all payments
Principal $790,400 Interest $520,677
YearPrincipalInterestBalance
1$17,638$34,805$772,762
2$18,439$34,004$754,322
3$19,276$33,167$735,046
4$20,152$32,291$714,894
5$21,067$31,376$693,828
6$22,023$30,420$671,805
7$23,023$29,420$648,782
8$24,068$28,375$624,713
9$25,161$27,282$599,552
10$26,304$26,139$573,248
11$27,498$24,945$545,750
12$28,746$23,697$517,004
13$30,052$22,391$486,952
14$31,416$21,027$455,536
15$32,843$19,601$422,694
16$34,334$18,109$388,360
17$35,893$16,550$352,467
18$37,522$14,921$314,945
19$39,226$13,217$275,719
20$41,007$11,436$234,712
21$42,869$9,574$191,843
22$44,815$7,628$147,028
23$46,850$5,593$100,178
24$48,977$3,466$51,201
25$51,201$1,242$0

At the end of your 5-year term

Total paid over the term
$262,215
Principal paid down
$96,572
Interest paid
$165,643
Balance remaining
$693,828

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
Estimate$1,450/mo
$17,400Gross annual rent
1.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.8%
Gross yield
− Property tax $4,617− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,469

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

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