44 Lindsay Avenue, Newmarket, ON

Bristol-London, Newmarket · MLS® N13841566

$679,900
For Sale
Listed 16 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
5Parking
700-1100Sq ft

About this home

In short

  • Welcome to this beautifully maintained and updated bungalow, offering exceptional versatility for first-time buyers, downsizers, investors, and extended families.
  • The bright and inviting main level features an open-concept layout connecting the kitchen, dining and living areas.
  • The lower-level unit has its own separate entrance and has been newly renovated, featuring a full kitchen, full bathroom, large bedroom, separate laundry room, and...
  • Numerous improvements have been completed throughout the home, including 2026 kitchen and bathroom upgrades, updated appliances, new flooring throughout both levels...
  • Ideally situated in a desirable area of Newmarket, close to VIVA transit, schools, shopping, plazas, Upper Canada Mall, Southlake Regional Health Centre, parks and...

Welcome to this beautifully maintained and updated bungalow, offering exceptional versatility for first-time buyers, downsizers, investors, and extended families. The home features two separate, self-contained living spaces, providing excellent options for multi-generational living, personal use or future rental income. The bright and inviting main level features an open-concept layout connecting the kitchen, dining and living areas. A large, picturesque window fills the living room with natural light. Three spacious bedrooms are complemented by an updated kitchen and bathroom, newer flooring, and updated appliances. The lower-level unit has its own separate entrance and has been newly renovated, featuring a full kitchen, full bathroom, large bedroom, separate laundry room, and comfortable living area. Legally registered with the Town of Newmarket as an Additional Residential Unit (ARU), the basement is currently vacant, giving the new owner immediate flexibility. Numerous improvements have been completed throughout the home, including 2026 kitchen and bathroom upgrades, updated appliances, new flooring throughout both levels, a 2025 gas furnace, 100-amp electrical service, and 2021 shingles and gutters. Outside, enjoy a spacious, private, fully fenced backyard and a large front driveway with ample parking. Ideally situated in a desirable area of Newmarket, close to VIVA transit, schools, shopping, plazas, Upper Canada Mall, Southlake Regional Health Centre, parks and numerous amenities.

Key facts

Property type
Semi-Detached, Bungalow
MLS®
N13841566
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
32.5 × 95 ft
Cross streets
Davis And Longford
Parking
5 parking
Driveway
Mutual
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,798 / 2026
Days on market
16
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

Living RoomBasement7.17 × 3.25 m

laminate · pot lights · open concept

KitchenGround4.00 × 3.15 m

ceramic floor · overlooks dining · stainless steel appl

BathroomGround2.40 × 2.01 m

4 Pc Bath

Primary BedroomGround3.80 × 3.00 m

laminate · casement windows · california shutters

KitchenBasement4.63 × 2.64 m

large window · eat-in kitchen · ceramic floor

Dining RoomGround7.20 × 3.29 m

pot lights · combined w/living · open concept

Dining RoomBasement7.17 × 3.25 m

laminate · pot lights · combined w/living

Living RoomGround7.20 × 3.29 m

laminate · combined w/dining · picture window

Primary BedroomBasement5.54 × 3.32 m

laminate · large closet · large window

Bedroom 3Ground2.76 × 2.71 m

laminate · casement windows · large closet

Bedroom 2Ground4.39 × 2.40 m

laminate · casement windows · large closet

BathroomBasement1.71 × 2.46 m

4 Pc Bath

LaundryBasement2.81 × 2.74 m

laundry sink · separate room

Our TakeTeam Asgarian · Broker
A small discount is typical
$655Klikely sale price

Listed at $679,900. Going by how homes in Bristol-London and the wider GTA have actually closed against their asking prices (about 96%, 6 local closings in 90 days), the likely sale price is near $655K, if it sells. A realistic range is $614K to $738K.

Independent value check: $702K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $658K and $735K).

Why $702K. The typical semi-detached home sold in Bristol-London over the past year went for about $685K (25 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$614KBelow recent closings$738KAbove recent closings

Total price vs nearby homes. Likely closing about $655K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$620Kmedian sold price
92%of asking, on average
−18%prices vs a year ago
~35 dayshomes like this take to sell
16days on market so far
$2,254/moest. rent · 13 leases
4.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3 months of inventory: 6 semi-detached homes for sale in the area against 6 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 $755/sqft against an area asking average of $829/sqft.

  • basement apartment features. A finished 1 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Bristol-London: 35 of the 120 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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $663K. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 5 homes sold on this street over the past two years, from 50 closings in Bristol-London.

Sold price trend

Median sold price for semi-detached homes in Newmarket: $844K in September 2026, up 1% from a year ago, on 89 closings in 10 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$821K10
November 2025$874K6
January 2026$742K6
March 2026$854K8
April 2026$868K13
May 2026$743K8
June 2026$786K12
July 2026$827K10
August 2026$848K8
September 2026$844K8

Neighbourhood & location

Bristol-London, 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.

Woodland Hill
$820K
Glenway Estates
$971K

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
$3,099/mo
$132KIncome needed
5.2×Price ÷ income
$715Weekly cost
$10,073Land 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 $3,099Property tax $317Total carry $3,415

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,007per month

Mortgage amount $543,920 · 4.49% over 25 years

$135,980Down payment (20.0%)
$543,920Loan before insurance
$0CMHC premium
$3,324Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,007
Property tax
$317
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,324

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

One-time closing costs

Ontario land transfer tax
$10,073
Estimated closing costs
$10,073

Plus your down payment of $135,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,640/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

$358,308Total interest paid
$902,228Total of all payments
Principal $543,920 Interest $358,308
YearPrincipalInterestBalance
1$12,138$23,951$531,782
2$12,689$23,400$519,093
3$13,265$22,824$505,828
4$13,868$22,222$491,960
5$14,497$21,592$477,463
6$15,155$20,934$462,308
7$15,844$20,246$446,464
8$16,563$19,526$429,901
9$17,315$18,774$412,586
10$18,101$17,988$394,485
11$18,923$17,166$375,562
12$19,782$16,307$355,780
13$20,680$15,409$335,100
14$21,619$14,470$313,481
15$22,601$13,488$290,880
16$23,627$12,462$267,253
17$24,700$11,389$242,553
18$25,821$10,268$216,732
19$26,994$9,095$189,738
20$28,219$7,870$161,519
21$29,501$6,589$132,019
22$30,840$5,249$101,179
23$32,240$3,849$68,938
24$33,704$2,385$35,234
25$35,234$855$0

At the end of your 5-year term

Total paid over the term
$180,446
Principal paid down
$66,457
Interest paid
$113,989
Balance remaining
$477,463

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 13 whole-home leases in Bristol-London$2,254/mo
$27,048Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,062 to $2,494Typical rent range

The suite is real income here: basements rent in Bristol-London (35 of 120 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 numbers

The last 13 whole-home leases in Bristol-London signed at a median of $2,319 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,254. 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.

4.0%
Gross yield
− Property tax $3,798− Insurance $1,400− Vacancy & upkeep $2,975Net operating income $18,874

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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