241 Patterson St E is a 3-bedroom, 2-bathroom detached home in Newmarket, listed for $957,900. It has 1100-1500 sq ft of living space.
1This home has a combined living/dining room with large windows and a bright kitchen overlooking the backyard.
2The spacious dining room offers a walkout to a large entertainment deck with views of open parkland.
3Recent updates include mostly updated windows and doors, a newer roof (approx. 2 years), high-efficiency furnace/AC, and newer hardwood flooring in the bedrooms.
Spectacular 3+1 bedroom with 2 baths sidesplit situated on a premium, fully fenced mature lot with fruit trees and no neighbours behind, offering exceptional privacy. This versatile home features a fully self-contained in-law suite with a separate entrance to a mud room with laundry facilities, making it ideal for extended family or potential rental income. This home has a combined living/dining room with large windows and a bright kitchen overlooking the backyard. The spacious dining room offers a walkout to a large entertainment deck with views of open parkland. Recent updates include mostly updated windows and doors, a newer roof (approx. 2 years), high-efficiency furnace/AC, and newer hardwood flooring in the bedrooms. Additional features include water softener, an attached garage with remote opener, and ample parking. Conveniently located close to Southlake Hospital, top-rated schools, parks, Hwy 404, shopping, and all essential amenities. A fantastic opportunity for families, investors, or multi-generational living!
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $871 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 241 Patterson St E
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 4
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 4
Property class
Detached
241 Patterson St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14148322$957,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 241 Patterson St E Compares to the Newmarket Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,706
/mo
based on the purchase price of $957,900
$191,580 cash
$766,320 financed
$645,443 total interest
Principal54%$766,320
Interest46%$645,443
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Newmarket
Other 2–4 bed homes for sale in Newmarket around $958K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings370Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with May 8 – Aug 6, 2026: prices up.
Based on 381 sales from Aug 6 – Nov 4, 2026 (273 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 241 Patterson St E
How much is 241 Patterson St E listed for?
241 Patterson St E is listed at $957,900 (MLS® N14148322). Summitly updates the price as soon as the MLS® record changes.
Is $957,900 a good price for 241 Patterson St E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Newmarket. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 241 Patterson St E changed?
No — 241 Patterson St E is still listed at its original asking price of $957,900.
How many bedrooms and bathrooms does 241 Patterson St E have?
241 Patterson St E has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Newmarket.
How much would the monthly mortgage be on 241 Patterson St E?
About $4,706 a month — principal and interest on $957,900 with 20% down ($191,580), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 241 Patterson St E compare with other homes in Newmarket?
Its asking price of $957,900 is about the same as the median sold price in Newmarket over the last 90 days, $955,000, across 381 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 241 Patterson St E been sold before?
Summitly has no earlier MLS® sale or lease of 241 Patterson St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 241 Patterson St E?
241 Patterson St E is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 241 Patterson St E been on the market?
241 Patterson St E was listed today (November 4, 2026).
What is the price per square foot of 241 Patterson St E?
About $639 to $871 per square foot: the asking price of $957,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 241 Patterson St E have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 241 Patterson St E have a basement, and is it finished?
The listing describes the basement as: Apartment, Separate Entrance.