64 Lindsay Avenue, Newmarket, ON

Bristol-London, Newmarket · MLS® N13881820

$759,999
For Sale
Listed 6 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
4Parking
700-1100Sq ft

About this home

In short

  • A rare opportunity in the heart of Newmarket.
  • This versatile property features TWO self-contained living units, including a LEGAL basement apartment (ARU) registered with the Town of Newmarket (Registration...
  • The inviting main level features a spacious open-concept living and dining area with pot lights, along with a beautifully renovated kitchen showcasing stone...
  • The legal basement apartment offers its own separate entrance, pot lights throughout, and the convenience of separate laundry facilities.
  • Outside, enjoy a private backyard with a deck, perfect for relaxing or entertaining, plus a deep front yard offering ample parking for multiple vehicles.

A rare opportunity in the heart of Newmarket! This versatile property features TWO self-contained living units, including a LEGAL basement apartment (ARU) registered with the Town of Newmarket (Registration #2014-0039) - an excellent opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income! The inviting main level features a spacious open-concept living and dining area with pot lights, along with a beautifully renovated kitchen showcasing stone countertops and backsplash, stainless steel appliances, a breakfast bar and modern finishes. The legal basement apartment offers its own separate entrance, pot lights throughout, and the convenience of separate laundry facilities. With two sets of washers and dryers, both units enjoy added privacy and independence. Additional improvements include 200-amp electrical service, sound- and fire-rated insulation between units, and an attractive stucco exterior. Outside, enjoy a private backyard with a deck, perfect for relaxing or entertaining, plus a deep front yard offering ample parking for multiple vehicles. Ideally located in an established neighbourhood surrounded by beautiful custom-built homes, just minutes from Upper Canada Mall, Newmarket GO Station, Main Street's charming shops and restaurants, Newmarket Plaza, Costco, and Highways 400 and 404.Live in one unit and rent the other, accommodate extended family, or add a legal two-unit property to your investment portfolio. A fantastic combination of flexibility, convenience, and income potential!

Key facts

Property type
Semi-Detached, Backsplit 3
MLS®
N13881820
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
32 × 102 ft
Cross streets
Davis Dr. & Yonge St.
Parking
4 parking
Driveway
Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,979 / 2026
Days on market
6
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomMain6.60 × 3.48 m

laminate · pot lights · bay window

KitchenMain4.10 × 3.38 m

granite counters · stainless steel appl · breakfast bar

Primary BedroomUpper4.05 × 3.00 m

laminate · large closet · w/o to deck

Living RoomLower6.90 × 3.23 m

laminate · pot lights · above grade window

Bedroom 2Upper4.20 × 2.81 m

laminate · large closet · picture window

KitchenLower6.90 × 3.23 m

laminate · combined w/living · pot lights

Bedroom 3Upper3.00 × 2.42 m

laminate · large closet · picture window

Dining RoomMain6.60 × 3.48 m

laminate · overlooks living · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$732Klikely sale price

Listed at $759,999. 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 $732K, if it sells. A realistic range is $686K to $825K.

Independent value check: $722K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $676K and $756K).

Why $722K. 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
$686KBelow recent closings$825KAbove recent closings

Total price vs nearby homes. Likely closing about $732K, 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
6days on market so far
$2,254/moest. rent · 13 leases
3.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 10 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 $844/sqft against an area asking average of $859/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 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 $681K. 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($844/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

What sellers nearby are askingCurrently listed nearby in Bristol-London · asking prices
$721kavg 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 $722K, which is where my estimate comes from.

Per square foot, these ask about $801/sqft; this home lists at $844/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
760kThis home769k680k648k769k740kThis 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
$3,464/mo
$146KIncome needed
5.2×Price ÷ income
$799Weekly cost
$11,675Land 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 $3,464Property tax $332Total carry $3,795

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)
$3,362per month

Mortgage amount $607,999 · 4.49% over 25 years

$152,000Down payment (20.0%)
$607,999Loan before insurance
$0CMHC premium
$3,693Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,362
Property tax
$332
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,693

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

One-time closing costs

Ontario land transfer tax
$11,675
Estimated closing costs
$11,675

Plus your down payment of $152,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,069/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

$400,520Total interest paid
$1,008,520Total of all payments
Principal $607,999 Interest $400,520
YearPrincipalInterestBalance
1$13,568$26,773$594,431
2$14,184$26,157$580,247
3$14,828$25,513$565,419
4$15,501$24,840$549,918
5$16,205$24,136$533,713
6$16,941$23,400$516,772
7$17,710$22,631$499,062
8$18,514$21,827$480,548
9$19,355$20,986$461,193
10$20,234$20,107$440,960
11$21,152$19,189$419,807
12$22,113$18,228$397,695
13$23,117$17,224$374,578
14$24,166$16,175$350,412
15$25,263$15,077$325,149
16$26,411$13,930$298,738
17$27,610$12,731$271,128
18$28,863$11,478$242,265
19$30,174$10,167$212,091
20$31,544$8,797$180,548
21$32,976$7,365$147,572
22$34,473$5,868$113,098
23$36,038$4,302$77,060
24$37,675$2,666$39,385
25$39,385$955$0

At the end of your 5-year term

Total paid over the term
$201,704
Principal paid down
$74,286
Interest paid
$127,418
Balance remaining
$533,713

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
2.5%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.

3.6%
Gross yield
− Property tax $3,979− Insurance $1,400− Vacancy & upkeep $2,975Net operating income $18,694

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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