332 Dixon Boulevard, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13760728

$899,999
For Sale
Listed 40 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 7 parking
1100-1500Sq ft

About this home

In short

  • Welcome To 332 Dixon Blvd, A Beautiful Raised Brick Bungalow Situated On A Premium Lot In The Heart Of Newmarket.
  • This Well-Maintained Home Features A Bright & Functional Layout With A Finished Walk-Out Basement With Separate Side Entrance, Offering Excellent Additional Living...
  • Recent Exterior Upgrades Include a New Roof, Updated Fencing, Deck & Landscaping, Creating A Beautiful Outdoor Space For Relaxing & Entertaining.

Welcome To 332 Dixon Blvd, A Beautiful Raised Brick Bungalow Situated On A Premium Lot In The Heart Of Newmarket! This Well-Maintained Home Features A Bright & Functional Layout With A Finished Walk-Out Basement With Separate Side Entrance, Offering Excellent Additional Living Space & Endless Potential. Recent Exterior Upgrades Include a New Roof, Updated Fencing, Deck & Landscaping, Creating A Beautiful Outdoor Space For Relaxing & Entertaining. Ideally Located Within Walking Distance To Fairy Lake, Main Street, Yonge Street, Schools, Parks, Shopping & Transit. A Fantastic Opportunity In A Highly Desirable, Family-Friendly Neighbourhood!

Key facts

Property type
Detached, Bungalow-Raised
MLS®
N13760728
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
58.38 × 129.88 ft
Cross streets
Yonge St./ Eagle St.
Parking
1 garage · 7 parking (attached)
Driveway
Private
Basement
Finished, Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Shingles
Sewer
Sewer
Property tax
$4,877 / 2025
Days on market
40
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Primary BedroomMain3.70 × 3.40 m

3 pc ensuite · closet · window

Bedroom 2Main3.40 × 3.00 m

laminate · closet · window

Living RoomBasement4.90 × 3.60 m

open concept · laminate · window

BedroomBasement3.30 × 3.00 m

laminate · closet · window

Living RoomMain5.80 × 4.00 m

open concept · porcelain floor · window

Bedroom 3Main3.30 × 3.00 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$874Klikely sale price

Listed at $899,999. 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 $874K, if it sells. A realistic range is $819K to $985K.

Independent value check: $867K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $813K and $909K).

Why $867K. The typical detached home sold in Central Newmarket over the past year went for about $870K (85 sales). What sets this one apart:

  • ▲ Raises it slightly3+1 bedrooms and 3 baths, against 3+1 and 2 typically.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,877 a year; the typical home sold here pays about $4,600.
List price
$819KBelow recent closings$985KAbove recent closings

Total price vs nearby homes. Likely closing about $874K, from 18 recent closings in this pocket.

The market behind the math:

18sold nearby · 90 days
$853Kmedian sold price
96%of asking, on average
−7%prices vs a year ago
~21 dayshomes like this take to sell
40days on market so far
$2,825/moest. rent · 25 leases
3.8%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.3 months of inventory: 26 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $692/sqft against an area asking average of $768/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a second kitchen. 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 $790K. 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
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • 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 Central Newmarket, so I widened the search to the surrounding area.

Based on 18 comparable homes that sold in Central Newmarket over the past two years, from 165 closings there.

What sellers nearby are askingCurrently listed nearby in Central Newmarket · asking prices
$999kavg 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 $769/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
900kThis home1.05M1.09M860kThis home vs active comparables

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$848K11
November 2025$940K7
January 2026$794K6
February 2026$895K5
March 2026$834K7
April 2026$849K9
May 2026$864K10
June 2026$881K6
July 2026$900K8
August 2026$855K5
September 2026$718K5

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
$4,102/mo
$173KIncome needed
5.2×Price ÷ income
$947Weekly cost
$14,475Land 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.

91%mortgage
Mortgage $4,102Property tax $406Total carry $4,508

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)
$3,981per month

Mortgage amount $719,999 · 4.49% over 25 years

$180,000Down payment (20.0%)
$719,999Loan before insurance
$0CMHC premium
$4,387Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,981
Property tax
$406
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,387

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

One-time closing costs

Ontario land transfer tax
$14,475
Estimated closing costs
$14,475

Plus your down payment of $180,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,818/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

$474,301Total interest paid
$1,194,300Total of all payments
Principal $719,999 Interest $474,301
YearPrincipalInterestBalance
1$16,067$31,705$703,932
2$16,797$30,975$687,135
3$17,559$30,213$669,576
4$18,357$29,415$651,219
5$19,190$28,582$632,029
6$20,062$27,710$611,967
7$20,972$26,800$590,995
8$21,925$25,847$569,070
9$22,920$24,852$546,150
10$23,961$23,811$522,189
11$25,049$22,723$497,140
12$26,186$21,586$470,954
13$27,375$20,397$443,579
14$28,618$19,154$414,962
15$29,917$17,855$385,044
16$31,276$16,496$353,769
17$32,696$15,076$321,073
18$34,180$13,592$286,893
19$35,732$12,040$251,161
20$37,354$10,418$213,806
21$39,050$8,721$174,756
22$40,824$6,948$133,932
23$42,677$5,095$91,255
24$44,615$3,157$46,640
25$46,640$1,131$0

At the end of your 5-year term

Total paid over the term
$238,860
Principal paid down
$87,971
Interest paid
$150,889
Balance remaining
$632,029

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
From 25 whole-home leases in Central Newmarket$2,825/mo
$33,900Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,594 to $3,152Typical rent range
~38 daysTo find a tenant, on average

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 numbers

The last 25 whole-home leases in Central Newmarket signed at a median of $2,645 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,825. 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.

3.8%
Gross yield
− Property tax $4,877− Insurance $1,400− Vacancy & upkeep $3,729Net operating income $23,894

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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