328 Salisbury Lane, Newmarket, ON
Bristol-London, Newmarket · MLS® N13866250
About this home
In short
- Welcome to 328 Salisbury Lane-a spectacular, turnkey detached home situated on a premium, ultra-wide 63-foot lot in the heart of Newmarket.
- The lower level features a fully registered, certified LEGAL basement apartment complete with a separate private entrance.
- Offering massive rental income potential (or the perfect private setup for multi-generational living/in-laws), this legal suite drastically lowers your monthly...
- The expansive, sun-drenched backyard features a gorgeous saltwater swimming pool.
- Enjoy total peace of mind with a brand-new pool liner installed just two months ago (August 2026).
Welcome to 328 Salisbury Lane-a spectacular, turnkey detached home situated on a premium, ultra-wide 63-foot lot in the heart of Newmarket! This property perfectly blends modern family luxury with incredible financial freedom, making it an absolute must-see. Stop paying down your mortgage alone! The lower level features a fully registered, certified LEGAL basement apartment complete with a separate private entrance. Offering massive rental income potential (or the perfect private setup for multi-generational living/in-laws), this legal suite drastically lowers your monthly carrying costs from day one. Step outside into your own staycation paradise! The expansive, sun-drenched backyard features a gorgeous saltwater swimming pool. Best of all? Enjoy total peace of mind with a brand-new pool liner installed just two months ago (August 2026). No immediate maintenance, no extra expenses-just pure summer relaxation and turnkey entertaining! The main and upper levels boast a bright, spacious, and highly functional layout featuring 4generous bedrooms, large windows flooding the home with natural light, and tasteful finishes throughout. Nestled in a highly desirable, family-friendly pocket of Newmarket. You are just minutes away from top-rated schools, beautiful local parks, transit, shopping, and highway access.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13866250
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 63.16 × 113.01 ft
- Cross streets
- Yonge/Davis
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Available
- Basement
- Apartment, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $6,792 / 2026
- Days on market
- 13
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Listed at $1,235,000. Going by how homes in Bristol-London and the wider GTA have actually closed against their asking prices (about 98%, 18 local closings in 90 days), the likely sale price is near $1.21M, if it sells. A realistic range is $1.13M to $1.36M.
Independent value check: $1.33M. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $1.24M and $1.39M).
Why $1.33M. The typical detached home sold in Bristol-London over the past year went for about $1.03M (61 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,792 a year; the typical home sold here pays about $5,300.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
Total price vs nearby homes. Likely closing about $1.21M, from 18 recent closings in this pocket.
The market behind the math:
About 1.2 months of inventory: 7 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $549/sqft against an area asking average of $517/sqft.
- Separate-entrance basement apartment features. A finished 1 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 137 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.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
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 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.21M. Condition and finishes remain an in-person call.
What the listing highlights2 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
Below comparable homes on total price, yet the price per square foot ($549/sqft) is above the area, which usually points to a smaller or more efficient layout.
Based on 18 comparable homes that sold in Bristol-London over the past two years, from 138 closings there.
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 $492/sqft; this home lists at $549/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 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
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 19, 2026); conventional rates run a little higher.
Mortgage amount $988,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,463
- Property tax
- $566
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,029
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,175
- Estimated closing costs
- $21,175
Plus your down payment of $247,000. 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
- $327,769
- Principal paid down
- $120,715
- Interest paid
- $207,054
- Balance remaining
- $867,285
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 137 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 26 whole-home leases in Bristol-London signed at a median of $3,017 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,339. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.