61 Marlin Court, Newmarket, ON

Bristol-London, Newmarket · MLS® N13846850

$949,000
For Sale
Listed 18 days agoNo offer date stated
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2+2Bedrooms
5Bathrooms
5Parking
700-1100Sq ft

About this home

In short

  • Exceptional semi-detached bungalow completely rebuilt on the interior with all new electrical, plumbing, insulation, waterproofing, and quality finishes throughout.
  • Offering a total of 4 bedrooms, 5 bathrooms, and 3 full kitchens, this property provides incredible flexibility for multigenerational living or rental income potential.
  • The main floor features a bright, open concept layout with engineered hardwood flooring, custom imported interior doors, a modern designer kitchen, and 2 spacious...
  • The fully finished lower level features a separate entrance leading to two self contained 1 bedroom units, each complete with its own kitchen and bathroom.
  • A rare opportunity to own a completely renovated, move in ready property offering modern finishes, multiple living spaces, and exceptional versatility.

Exceptional semi-detached bungalow completely rebuilt on the interior with all new electrical, plumbing, insulation, waterproofing, and quality finishes throughout. The renos have been done to a custom home standard from the insulation and waterproofin, to the panelled firdge, built-in ovens and custom windows. Offering a total of 4 bedrooms, 5 bathrooms, and 3 full kitchens, this property provides incredible flexibility for multigenerational living or rental income potential.The main floor features a bright, open concept layout with engineered hardwood flooring, custom imported interior doors, a modern designer kitchen, and 2 spacious bedrooms, each with its own ensuite bathroom, plus an additional powder room.The fully finished lower level features a separate entrance leading to two self contained 1 bedroom units, each complete with its own kitchen and bathroom. Outside, enjoy extensive professional landscaping with a solid, properly prepared base, a low maintenance backyard enclosed by aluminum fencing, and an impressive and expensive motorized pergola with adjustable louvers and retractable screens. Additional highlights include a fully equipped outdoor BBQ station and EV charging port.Conveniently located near Upper Canada Mall, YRT transit, shopping, restaurants, and everyday amenities. A rare opportunity to own a completely renovated, move in ready property offering modern finishes, multiple living spaces, and exceptional versatility.

Key facts

Property type
Semi-Detached, Bungalow
MLS®
N13846850
Bedrooms
2+2 (4 total)
Bathrooms
5 (1 half)
Size
700-1100 sq ft
Lot
25.78 × 101.24 ft
Cross streets
Yonge St/Davis Drive
Parking
5 parking
Driveway
Private, Private Triple
Basement
Partially Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,600 / 2026
Days on market
18
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Main3.80 × 3.00 m

walk-out · 3 pc ensuite · b/i closet

BedroomBasement3.50 × 3.50 m

above grade window · b/i closet

BreakfastMain3.00 × 2.00 m

hardwood floor · centre island · combined w/kitchen

Dining RoomMain2.69 × 2.66 m

hardwood floor · large window · combined w/living

Primary BedroomMain4.50 × 3.00 m

hardwood floor · 4 pc ensuite · b/i closet

KitchenMain4.00 × 3.20 m

b/i appliances · tile floor · eat-in kitchen

Living RoomBasement5.00 × 2.50 m

combined w/kitchen · 3 pc bath

Living RoomMain3.42 × 3.95 m

hardwood floor · electric fireplace · combined w/dining

LaundryBasement1.50 × 1.50 m
Bedroom 2Basement3.50 × 3.50 m

above grade window · b/i closet

Living RoomBasement5.00 × 2.50 m

combined w/kitchen · 3 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$918Klikely sale price

Listed at $949,000. Going by how homes in Bristol-London and the wider GTA have actually closed against their asking prices (about 97%, 6 local closings in 90 days), the likely sale price is near $918K, if it sells. A realistic range is $860K to $1.03M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes more than one self-contained unit, and the single-family sales around it do not price the extra units.

List price
$860KBelow recent closings$1.03MAbove recent closings

Total price vs nearby homes. Likely closing about $918K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$651Kmedian sold price
94%of asking, on average
−14%prices vs a year ago
~16 dayshomes like this take to sell
18days on market so far
$2,442/moest. rent · 5 leases
3.1%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 $1,054/sqft against an area asking average of $829/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. 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 $569K. 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.

  • 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
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.

There were not many closely comparable homes right in Bristol-London, so I widened the search to the surrounding area.

Based on 3 homes sold on this street over the past two years, plus 2 nearby in Bristol-London, from 50 closings in Bristol-London.

What sellers nearby are askingCurrently listed nearby in Bristol-London · asking prices
$782kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $730K, which is where my estimate comes from.

Per square foot, these ask about $869/sqft; this home lists at $1,054/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
949kThis home868k725k799k749k769kThis home vs active comparables

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
$4,325/mo
$177KIncome needed
5.4×Price ÷ income
$998Weekly cost
$15,455Land 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.

94%mortgage
Mortgage $4,325Property tax $300Total carry $4,625

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,198per month

Mortgage amount $759,200 · 4.49% over 25 years

$189,800Down payment (20.0%)
$759,200Loan before insurance
$0CMHC premium
$4,498Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,198
Property tax
$300
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,498

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

One-time closing costs

Ontario land transfer tax
$15,455
Estimated closing costs
$15,455

Plus your down payment of $189,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,081/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

$500,124Total interest paid
$1,259,324Total of all payments
Principal $759,200 Interest $500,124
YearPrincipalInterestBalance
1$16,942$33,431$742,258
2$17,711$32,662$724,547
3$18,516$31,857$706,031
4$19,356$31,017$686,675
5$20,235$30,138$666,440
6$21,154$29,219$645,286
7$22,114$28,259$623,172
8$23,118$27,255$600,053
9$24,168$26,205$575,885
10$25,265$25,108$550,620
11$26,412$23,960$524,208
12$27,612$22,761$496,596
13$28,865$21,508$467,730
14$30,176$20,197$437,554
15$31,546$18,827$406,008
16$32,978$17,395$373,030
17$34,476$15,897$338,554
18$36,041$14,332$302,513
19$37,678$12,695$264,836
20$39,388$10,985$225,447
21$41,177$9,196$184,271
22$43,046$7,327$141,224
23$45,001$5,372$96,224
24$47,044$3,329$49,180
25$49,180$1,193$0

At the end of your 5-year term

Total paid over the term
$251,865
Principal paid down
$92,760
Interest paid
$159,105
Balance remaining
$666,440

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 5 whole-home leases in Bristol-London$2,442/mo
$29,304Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,026 to $2,736Typical 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 5 whole-home leases in Bristol-London signed at a median of $2,242 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,442. 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.

3.1%
Gross yield
− Property tax $3,600− Insurance $1,400− Vacancy & upkeep $3,223Net operating income $21,081

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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