388 Wood Duck Lane, Newmarket, ON
Woodland Hill, Newmarket · MLS® N13841848
About this home
In short
- Welcome to this beautifully renovated 4-bedroom, 4-bathroom detached home in the desirable Woodland Hill community of Newmarket.
- Featuring a bright, open-concept layout, the home offers a seamless flow between the family room and kitchen areas-ideal for both everyday living and entertaining.
- The renovated kitchen showcases a modern design with ample cabinetry, generous island counter space, upgraded stainless steel kitchen appliances w/ build-in...
- The family room impresses with a magnificent double-height soaring ceilings and oversized windows that fill the entire home with abundant natural light, creating a...
- The finished walk-out basement w/ bedroom & great room presents excellent potential for additional living, recreation, or entertainment space, with direct access to...
Welcome to this beautifully renovated 4-bedroom, 4-bathroom detached home in the desirable Woodland Hill community of Newmarket. Featuring a bright, open-concept layout, the home offers a seamless flow between the family room and kitchen areas-ideal for both everyday living and entertaining. The renovated kitchen showcases a modern design with ample cabinetry, generous island counter space, upgraded stainless steel kitchen appliances w/ build-in combination wall oven in an inviting open-concept setting. The family room impresses with a magnificent double-height soaring ceilings and oversized windows that fill the entire home with abundant natural light, creating a spacious, warm, and welcoming atmosphere. Four well-appointed bedrooms provide comfortable family accommodation, while four bathrooms offer convenience for residents and guests. The finished walk-out basement w/ bedroom & great room presents excellent potential for additional living, recreation, or entertainment space, with direct access to the backyard oasis. Located in the sought-after Woodland Hill neighbourhood w/ prestigious schools (both public, Catholic and French Immersion), close to parks, shopping, dining, transit, and other everyday amenities. A bright and spacious home offering comfort, style, and versatile living in one of Newmarket's popular communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13841848
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 44.98 × 81.88 ft
- Cross streets
- Yonge/Bonshaw
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,402 / 2025
- Days on market
- 20
- Listing brokerage
- HOMEART REALTY SERVICES INC.
Rooms
gas fireplace · porcelain floor · large window
w/o to yard · above grade window · ceramic floor
closet · window · laminate
window · closet · hardwood floor
combined w/living · porcelain floor
window · closet · hardwood floor
quartz counter · stainless steel appl · w/o to balcony
5 pc ensuite · walk-in closet(s) · hardwood floor
window · closet · hardwood floor
combined w/dining · porcelain floor · california shutters
Listed at $1,488,000. Going by how homes in Woodland Hill and the wider GTA have actually closed against their asking prices (about 98%, 24 local closings in 90 days), the likely sale price is near $1.45M, if it sells. A realistic range is $1.36M to $1.63M.
Independent value check: $1.21M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.14M and $1.27M).
Why $1.21M. The typical detached home sold in Woodland Hill over the past year went for about $1.15M (61 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $6,402 a year; the typical home sold here pays about $6,200.
Total price vs nearby homes. Likely closing about $1.45M, from 24 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 18 detached homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $661/sqft against an area asking average of $497/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Woodland Hill: 13 of the 91 detached leases here lately were basement units, around $1,800 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 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. Condition and finishes remain an in-person call.
What the listing highlights5 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 24 comparable homes that sold in Woodland Hill over the past two years, from 129 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 $1.21M, which is where my estimate comes from.
Per square foot, these ask about $504/sqft; this home lists at $661/sqft. Size is part of the price story, not just the sticker.
The 4 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
Woodland Hill, 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 $1,190,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,582
- Property tax
- $534
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,115
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,235
- Estimated closing costs
- $26,235
Plus your down payment of $297,600. 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
- $394,916
- Principal paid down
- $145,445
- Interest paid
- $249,471
- Balance remaining
- $1,044,955
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 Woodland Hill (13 of 91 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 36 whole-home leases in Woodland Hill signed at a median of $3,755 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,868. 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 HOMEART REALTY SERVICES INC.. MLS®/PropTx.