86 Bristol Road, Newmarket, ON
Bristol-London, Newmarket · MLS® N13811372
About this home
In short
- Exceptional opportunity to own a newly renovated, spacious home in Newmarket with excellent income potential.
- Offering over 3,000 sq. ft. of above-grade living space, this impressive property features 5+2 bedrooms, 1+1 kitchens, 1+1 laundry rooms, and a bright skylight that...
- The lower unit has a separate entrance, providing privacy and convenience for tenants or extended family.
- Currently generating $5,300/month in combined rental income from the upper and lower units.
- Newly renovated, spacious, versatile, and move-in ready - a rare opportunity that combines comfortable living with outstanding investment potential.
Exceptional opportunity to own a newly renovated, spacious home in Newmarket with excellent income potential! Offering over 3,000 sq. ft. of above-grade living space, this impressive property features 5+2 bedrooms, 1+1 kitchens, 1+1 laundry rooms, and a bright skylight that fills the home with natural light. The lower unit has a separate entrance, providing privacy and convenience for tenants or extended family. Currently generating $5,300/month in combined rental income from the upper and lower units. Perfect for a buyer looking to live comfortably in the upper unit while leasing the lower unit to help offset mortgage and ownership costs, or an investor seeking a strong income-producing property. Newly renovated, spacious, versatile, and move-in ready - a rare opportunity that combines comfortable living with outstanding investment potential!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13811372
- Bedrooms
- 5+2 (7 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 68.86 × 142 ft
- Cross streets
- Yonge&Bristol
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,204 / 2026
- Days on market
- 28
- Listing brokerage
- HOMECOMFORT REALTY INC.
Rooms
window · laminate · closet
overlooks garden · stainless steel appl · open concept
hardwood floor · large window · open concept
laminate · window · combined w/kitchen
large window · 4 pc ensuite · overlooks frontyard
hardwood floor · bay window · overlooks frontyard
fireplace · large window · overlooks backyard
laminate · window · combined w/living
ceramic floor · window
w/o to deck · combined w/kitchen · overlooks garden
window · closet · laminate
large window · 5 pc ensuite · large closet
laminate · window · large closet
window · closet · laminate
ceramic floor · side door
Laminate
ceramic floor · combined w/laundry · 3 pc bath
Listed at $1,299,900. Going by how homes in Bristol-London and the wider GTA have actually closed against their asking prices (about 98%, 18 local closings in 90 days), the likely sale price is near $1.27M, if it sells. A realistic range is $1.19M to $1.43M.
Independent value check: $1.35M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $1.27M and $1.42M).
Why $1.35M. The typical detached home sold in Bristol-London over the past year went for about $1.03M (61 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $7,204 a year; the typical home sold here pays about $5,300.
- ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it5+2 bedrooms and 5 baths, against 4+1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.27M, from 18 recent closings in this pocket.
The market behind the math:
About 3.7 months of inventory: 22 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 $400/sqft against an area asking average of $652/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Bristol-London: 35 of the 137 detached leases here lately were basement units, around $1,650 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 $1.41M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Bristol-London, so I widened the search to the surrounding area.
Based on 18 comparable homes that sold in Bristol-London over the past two years, from 138 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.35M, which is where my estimate comes from.
Per square foot, these ask about $380/sqft; this home lists at $400/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
Bristol-London, 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 $1,039,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,750
- Property tax
- $600
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,350
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,473
- Estimated closing costs
- $22,473
Plus your down payment of $259,980. 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
- $344,994
- Principal paid down
- $127,059
- Interest paid
- $217,935
- Balance remaining
- $912,861
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 Bristol-London (35 of 137 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 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 20 whole-home leases in Bristol-London signed at a median of $3,068 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,154. 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 HOMECOMFORT REALTY INC.. MLS®/PropTx.