388 Eagle Street, Newmarket, ON
Central Newmarket, Newmarket · MLS® N13831652
About this home
In short
- Rarely Offered Premium 80' X 140' In town Lot, Detached Home Located In Heart Of Central Newmarket.
- Beautiful Engineered Hardwood Plank Floors Throughout Main Level.
- Custom Kitchen With Quartz Counters And Backsplash plus a Undermount Farmers Sink.
- With An Oversized Lower Primary Room and a Custom Ensuite Bath With Heated Floors And Bright Above Grade Windows.
- Close to Main Street Shopping & Restaurants, Go Train Station & Public Transit, Gorman Pool, Fairy Lake Park & other great amenities/services, Downtown Newmarket is...
Rarely Offered Premium 80' X 140' In town Lot, Detached Home Located In Heart Of Central Newmarket. This Spacious Detached Bungalow Is Steps Away From Downtown/Fairy Lake And Sits On A Generous Sized Lot! Has Been Designed For Multiple Legal Units With A Separate Basement Entrance! Beautiful Engineered Hardwood Plank Floors Throughout Main Level. Custom Kitchen With Quartz Counters And Backsplash plus a Undermount Farmers Sink. Fantastic Primary Bedroom Ensuite With Stand Up Shower. South View Dining Rm Lookout To Huge Backyard. 2+2 Great Size Bdrm, 2 Full Bthrm, 1+1 Kitchens W/ Large Window, Quartz Counter Tops & Backsplash.. Lower Level Features An Apartment With Separate Entrance! With An Oversized Lower Primary Room and a Custom Ensuite Bath With Heated Floors And Bright Above Grade Windows! Outstanding Builders Lot With 80' Frontage, Dream Lot With Incredible Future Development Potential. Wrap Around Rear Deck Provides Privacy To Overlook The Beautiful Backyard With Mature Trees. Single Car Grg+4-Car Driveway. Huge Backyard. Perfect For In-Law Suite, Additional Rental Income Or Development. A Quick Walk Takes You Downtown To Enjoy The Shops And Restaurants. Close Proximity To Many Walking And Or Bike Trails Around Nearby Fairy Lake. Close to Main Street Shopping & Restaurants, Go Train Station & Public Transit, Gorman Pool, Fairy Lake Park & other great amenities/services, Downtown Newmarket is an idyllic location for those with an active lifestyle to call home. Located Just Steps From Historic Main Street Newmarket, Hospitals, Top-Rated Schools, Southlake Regional Health Centre, Upper Canada Mall, & Major Highways (404 & 400). Combines Walkability, Transit Convenience, And Long-Term Growth Potential. Whether You Enjoy Playing Golf, Shopping, or Visiting Local Restaurants, There's Something To Find For Everyone. Investment Property Situated In The Much Sought-After Heart Of Newmarket.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13831652
- Bedrooms
- 2+2 (4 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 80 × 140 ft
- Cross streets
- Eagle St & Main St
- Parking
- 1 garage · 5 parking (detached)
- Driveway
- Available, Private
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Stone
- Foundation
- Concrete
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $5,269 / 2026
- Days on market
- 23
- Listing brokerage
- RE/MAX Jazz INC.
Rooms
Above Grade Window
3 pc ensuite · picture window
stone counters · plank
plank · picture window
above grade window · 4 pc ensuite
Open Concept
window · closet
Above Grade Window
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
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 $990/sqft; this home lists at $1,278/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & location
Central Newmarket, Newmarket, ON
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $920,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,087
- Property tax
- $439
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,526
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,475
- Estimated closing costs
- $19,475
Plus your down payment of $230,000. 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
- $305,210
- Principal paid down
- $112,407
- Interest paid
- $192,803
- Balance remaining
- $807,593
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 Jazz INC.. MLS®/PropTx.