Rarely offered and proudly maintained by its original owners, this all-brick 4-bedroom detached home presents a unique opportunity in one of the area's most desirable family communities. Situated on a premium 40.7 x 105.2 ft fully fenced lot, the property offers over 2,500 sq. ft. above grade, parking for six vehicles, and the long-term versatility today's buyers are searching for.Thoughtfully designed for both everyday living and future value, the home features hardwood flooring, an elegant oak staircase, main floor laundry, spacious principal rooms, and a bright open-concept kitchen with a walkout to an elevated deck overlooking the backyard. The upper level offers four generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet and private 4-piece ensuite.A standout feature of the home is the rare builder-upgraded walkout basement, complete with oversized above-grade windows that fill the space with natural light and direct access to the backyard. Offering exceptional versatility and future potential, this unique configuration provides a significant advantage for buyers seeking multigenerational living or income-generating opportunities. Much of the costly and complex work associated with a walkout design has already been completed by the builder, creating a substantial head start for future development. With potential to generate approximately $2,000-$2,500 per month in rental income, this space represents a compelling opportunity to offset mortgage costs while building long-term wealth and equity.Additional highlights include a double-car garage with direct interior access, parking for six vehicles, a newer roof (2023), and a premium lot offering both privacy and outdoor enjoyment. Combining pride of ownership, future income potential, and exceptional long-term value, this is a rare opportunity to secure a home that can help offset your mortgage while building equity in one of the area's most sought-after communities.
4 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $488 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 338 Dowson Loop
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Unfinished, Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Unfinished · Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
338 Dowson Loop Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N14093924$1,220,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 338 Dowson Loop 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
$5,993
/mo
based on the purchase price of $1,220,000
$244,000 cash
$976,000 financed
$822,048 total interest
Principal54%$976,000
Interest46%$822,048
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 3–5 bed homes for sale in Newmarket around $1.2M.
Average days on market28Homes sold in about 28 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings377Homes for sale here right now.
Median vs prior 90 days+1.5%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 392 sales from Jul 25 – Oct 23, 2026 (244 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
338 Dowson Loop is listed at $1,220,000 (MLS® N14093924). Summitly updates the price as soon as the MLS® record changes.
Is $1,220,000 a good price for 338 Dowson Loop?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 338 Dowson Loop changed?
No — 338 Dowson Loop is still listed at its original asking price of $1,220,000.
How many bedrooms and bathrooms does 338 Dowson Loop have?
338 Dowson Loop has 4 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Newmarket.
Is 338 Dowson Loop close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 3.4 km in a straight line. East Gwillimbury GO Station is about 4.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 338 Dowson Loop?
About $5,993 a month — principal and interest on $1,220,000 with 20% down ($244,000), 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 338 Dowson Loop compare with other homes in Newmarket?
Its asking price of $1,220,000 is about 27% above the median sold price in Newmarket over the last 90 days, $962,500, across 392 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 338 Dowson Loop been sold before?
Summitly has no earlier MLS® sale or lease of 338 Dowson Loop on record from the last two years. Older records aren't shown under TRREB rules.
Where is 338 Dowson Loop?
338 Dowson Loop is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 338 Dowson Loop been on the market?
4 days — 338 Dowson Loop was listed on October 19, 2026.
What is the price per square foot of 338 Dowson Loop?
About $407 to $488 per square foot: the asking price of $1,220,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 338 Dowson Loop have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.