Welcome to 253 Silverbirch Drive! A fantastic opportunity to own a detached home with a VACANT, LEGAL two-bedroom basement apartment on a quiet, established street in Newmarket! Offering 3 bedrooms and a full bathroom on the main level, plus a fully separate 2-bedroom, 1-bathroom basement apartment, this home offers the flexibility to accommodate extended family, generate rental income, or simply enjoy additional living space. The basement apartment features its own private side entrance off the driveway, and both units have their own laundry facilities for added convenience and independence. Best of all, the apartment is currently vacant, allowing buyers the opportunity to select their own tenants or make use of the space themselves! Outside, the recently paved driveway offers parking for up to 6 vehicles. Many of the big-ticket improvements have already been taken care of, including a re-shingled roof (2021), new furnace, air conditioning and hot water heater (2022), upgraded attic insulation and basement windows (2023), and driveway paving (2025). Freshly painted with new kitchen flooring in 2026, this home is ready for its next chapter. Move in and enjoy it as it is, or bring your own style and cosmetic updates over time, knowing that many of the important improvements have already been completed. Located in a quiet, established neighbourhood close to schools, parks, shopping and everyday amenities, this property offers a wonderful combination of practical living, income potential and room to make it your own. A great opportunity for homeowners and investors alike!
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,214 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 253 Silverbirch Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
6 spaces
Basement
Apartment, Finished
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Apartment · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
253 Silverbirch Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14083488$850,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 253 Silverbirch Dr Compares to the Newmarket Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$4,176
/mo
based on the purchase price of $850,000
$170,000 cash
$680,000 financed
$572,738 total interest
Principal54%$680,000
Interest46%$572,738
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.
For homeowners nearby
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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 $850K.
Average days on market28Homes sold in about 28 days on average.
Sale-to-list ratio98.2%On average, homes sold below asking.
Active listings416Homes for sale here right now.
Median vs prior 90 days+1.5%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 388 sales from Jul 17 – Oct 15, 2026 (238 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
253 Silverbirch Dr is listed at $850,000 (MLS® N14083488). Summitly updates the price as soon as the MLS® record changes.
Is $850,000 a good price for 253 Silverbirch Dr?
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 253 Silverbirch Dr changed?
No — 253 Silverbirch Dr is still listed at its original asking price of $850,000.
How many bedrooms and bathrooms does 253 Silverbirch Dr have?
253 Silverbirch Dr has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Newmarket.
Is 253 Silverbirch Dr close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 840 m (about a 11-minute walk) in a straight line. East Gwillimbury GO Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 253 Silverbirch Dr?
About $4,176 a month — principal and interest on $850,000 with 20% down ($170,000), 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 253 Silverbirch Dr compare with other homes in Newmarket?
Its asking price of $850,000 is about 11% below the median sold price in Newmarket over the last 90 days, $956,500, across 388 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 253 Silverbirch Dr been sold before?
Summitly has no earlier MLS® sale or lease of 253 Silverbirch Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 253 Silverbirch Dr?
253 Silverbirch Dr is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 253 Silverbirch Dr been on the market?
253 Silverbirch Dr was listed today (October 15, 2026).
What is the price per square foot of 253 Silverbirch Dr?
About $773 to $1,214 per square foot: the asking price of $850,000 over the 700–1,100 sq ft the listing gives as its size range.
