41 Hamilton Drive, Newmarket, ON
Huron Heights-Leslie Valley, Newmarket · MLS® N13728852
About this home
Exceptional 65 x 230 ft. lot in a fantastic Newmarket location! This spacious, detached 5+2-bedroom home offers an ideal blend of generous living space, versatility, and income potential. The main level features a separate 1-bedroom in-law suite with its own side entrance, kitchen, bathroom, and laundry, providing privacy and flexibility for extended family, guests, or additional living arrangements. Thoughtfully designed for functionality, the home features a 200-amp electrical service and ample space throughout. Perfect for extended families, retirees, investors, or young professionals seeking additional income potential. Enjoy the benefits of an impressive, deep lot while being conveniently located just minutes from Hwy 404, Costco, shopping, restaurants, schools, and transit. A fantastic opportunity to own a versatile Newmarket property offering space, flexibility, and long-term value.
Key facts
- Property type
- Detached, Sidesplit 3
- MLS®
- N13728852
- Bedrooms
- 7 (5 + 2)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 64.99 × 235.31 ft
- Cross streets
- Leslie / Davis
- Parking
- 6 parking
- Basement
- Partially Finished, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,992 / 2025
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Listed at $975,000, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.
Total price vs nearby homes. Fair value about $1.11M, median of 12 comparables.
The market behind the math:
Price per square foot: this home lists at $557/sqft against an area asking average of $670/sqft. Size and $/sqft both feed the estimate above.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 12 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.10M, a close match.
Read this with carewhy it’s an estimate, not an appraisal
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 12 comparable homes nearby.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $692/sqft; this home lists at $557/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & 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 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.
Mortgage amount $780,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,205
- Property tax
- $499
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,704
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,975
- Estimated closing costs
- $15,975
Plus your down payment of $195,000. 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
- $252,304
- Principal paid down
- $98,169
- Interest paid
- $154,135
- Balance remaining
- $681,831
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.