86 Newbury Drive, Newmarket, ON
Bristol-London, Newmarket · MLS® N13844990
About this home
In short
- Beautifully Renovated Home with Basement Apartment & Excellent Income Potential.
- Extensively upgraded in 2026, including a new driveway, side and rear fencing, backyard sod, and retaining wall.
- Furnace & A/C replaced in 2024.Ideally located close to Upper Canada Mall, shopping, restaurants, parks, recreation, transit, and Southlake Hospital.
- Easy access to Highway 404 and GO Transit makes commuting throughout Newmarket and the GTA convenient.
Beautifully Renovated Home with Basement Apartment & Excellent Income Potential! Welcome to 86 Newbury Drive, Newmarket - a beautifully renovated property offering modern finishes, extensive 2026 upgrades, and excellent rental income potential. The home features a basement apartment, ideal for investors, multi-generational living, or additional income.Extensively upgraded in 2026, including a new driveway, side and rear fencing, backyard sod, and retaining wall. Furnace & A/C replaced in 2024.Ideally located close to Upper Canada Mall, shopping, restaurants, parks, recreation, transit, and Southlake Hospital. Easy access to Highway 404 and GO Transit makes commuting throughout Newmarket and the GTA convenient. A turnkey opportunity offering modern living, valuable upgrades, legal rental and an exceptional location.
Key facts
- Property type
- Semi-Detached, Bungalow
- MLS®
- N13844990
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 31.5 × 95 ft
- Cross streets
- Davis Dr. & Longford Dr.
- Parking
- 4 parking
- Basement
- Apartment, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,924 / 2026
- Days on market
- 15
- Listing brokerage
- HOMELIFE EXCELSIOR REALTY INC.
Rooms
breakfast area · window
double closet · window
combined w/dining · pot lights
closet · pot lights · window
closet · window
pot lights · bay window
closet · window
window · open concept
closet · pot lights · window
Listed at $769,000. 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 $741K, if it sells. A realistic range is $694K to $835K.
Independent value check: $739K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $692K and $774K).
Why $739K. 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.
Total price vs nearby homes. Likely closing about $741K, from 6 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $854/sqft against an area asking average of $812/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 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 $696K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
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 4 homes sold on this street over the past two years, plus 1 nearby in Bristol-London, from 50 closings in Bristol-London.
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 $847/sqft; this home lists at $854/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 semi-detached homes in Newmarket: $844K in September 2026, up 1% from a year ago, on 89 closings in 10 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 | $821K | 10 |
| November 2025 | $874K | 6 |
| January 2026 | $742K | 6 |
| March 2026 | $854K | 8 |
| April 2026 | $868K | 13 |
| May 2026 | $743K | 8 |
| June 2026 | $786K | 12 |
| July 2026 | $827K | 10 |
| August 2026 | $848K | 8 |
| September 2026 | $844K | 8 |
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 16, 2026); conventional rates run a little higher.
Mortgage amount $615,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,402
- Property tax
- $327
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,729
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,855
- Estimated closing costs
- $11,855
Plus your down payment of $153,800. 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
- $204,093
- Principal paid down
- $75,166
- Interest paid
- $128,927
- Balance remaining
- $540,034
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 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 numbersThe last 12 whole-home leases in Bristol-London signed at a median of $2,336 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,362. 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 HOMELIFE EXCELSIOR REALTY INC.. MLS®/PropTx.