515 London Road, Newmarket, ON
Bristol-London, Newmarket · MLS® N14080150
About this home
In short
- Welcome to 515 London Road, a lovingly maintained family home in a safe community, set on a lot that widens from over 60 ft at the front to more than 76 ft across the...
- Just a short walk from Newmarket's historic downtown, the curb appeal starts with beautifully landscaped grounds, then builds with a new driveway, interlock & garage...
- A fence & shed, added in 2025, finish the yard.
- Inside, freshly painted rms (2026) & new blinds throughout (2026) feel bright & ready for your furniture.
- Upstairs, the primary suite offers a walk-in closet & private ensuite renovated in 2026, the second-floor 4-pc bath was fully renovated in 2024.
Welcome to 515 London Road, a lovingly maintained family home in a safe community, set on a lot that widens from over 60 ft at the front to more than 76 ft across the rear, giving you an unusually generous backyard. Just a short walk from Newmarket's historic downtown, the curb appeal starts with beautifully landscaped grounds, then builds with a new driveway, interlock & garage door (all 2026). A fence & shed, added in 2025, finish the yard. Inside, freshly painted rms (2026) & new blinds throughout (2026) feel bright & ready for your furniture. The kitchen has pot lights & updated tile (2022), & a main flr powder rm adds convenience. On cold nights, gather around the wood-burning fireplace, one of two in the home. Upstairs, the primary suite offers a walk-in closet & private ensuite renovated in 2026, the second-floor 4-pc bath was fully renovated in 2024. Windows were replaced in 2023, the laundry rm was updated in 2024, & a whole-home filtration system was installed in 2025. The finished lower level gives you real flexibility, w/ a second kitchen, an additional bedroom & a generous recreation room with its own wood-burning fireplace. It works well for multi-gen living, extended family, guests or a growing household. A man door to the garage adds everyday convenience. The location is a big part of the appeal. At the corner of London Road and Main Street North, you'll find a community garden and a local bus stop, and an on-request community bus service is also available. You can walk to Main Street's heritage storefronts, restaurants, coffee shops, boutiques, & the Saturday Farmers' Market. The Tom Taylor Trail, Fairy Lake's conservation area and Riverwalk Commons are all close by, with walking trails & year-round community events. Denne PS, Canadian Martyrs Catholic ES and Dr. John M. Denison SS are each within about 1km, & Newmarket GO & Southlake Regional Health Centre are nearby. This is a turnkey home on a generous lot in one of Newmarket's most loved pockets
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14080150
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 60.58 × 104.99 ft
- Cross streets
- Main Street N & London Road
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,145 / 2026
- Days on market
- 4
- Listing brokerage
- EXP REALTY
Rooms
Hardwood Floor
Ensuite Bath
w/o to yard · fireplace · crown moulding
hardwood floor · overlooks frontyard
Hardwood Floor
Overlooks Backyard
pot lights · tile floor · backsplash
hardwood floor · w/o to garage
Hardwood Floor
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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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 $512/sqft; this home lists at $489/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Bristol-London, Newmarket, ON
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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.
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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.
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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 $879,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,866
- Property tax
- $429
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,294
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Estimated closing costs
- $18,475
Plus your down payment of $220,000. 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
- $291,940
- Principal paid down
- $107,520
- Interest paid
- $184,420
- Balance remaining
- $772,480
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.