Attention Investors/Landlords!.. Welcome to 379 Simcoe St in the heart of Old Newmarket. Turnkey 5 Unit Multiplex that consists of 1 x 3 Bedroom unit Main floor, 1 x 2 Bedroom Unit plus loft second floor, 1 x 2 Bedroom Unit plus loft upper floor , 1 x 1 Bedroom basement Unit and an additional 1 x 1 Bed Basement unit. All units have separate entrances! Shared Coin Laundry in basement. Close to all amenities and transit. Large lot with ample parking for all units in back. Fully tenanted.
9 bedrooms, 5 bathrooms, about 2,500 sq ft, works out to roughly $620 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 379 Simcoe St
Every detail from the listing, in one place.
Type
Multiplex
Style
2 1/2 Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
17 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
17
Interior
Basement
Finished
Lot & land
Lot size (sqft)
9583
Listing & possession
Property style
2 1/2 Storey
Property class
Multiplex
379 Simcoe St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$7,615
/mo
based on the purchase price of $1,550,000
$310,000 cash
$1,240,000 financed
$1,044,405 total interest
Principal54%$1,240,000
Interest46%$1,044,405
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.
Keep looking near 379 Simcoe St
Homes for sale in Newmarket
Every active Newmarket MLS® listing, updated all day.
Average days on market28Homes sold in about 28 days on average.
Sale-to-list ratio98.1%On average, homes sold below asking.
Active listings395Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with Apr 23 – Jul 22, 2026: prices up.
Based on 400 sales from Jul 22 – Oct 20, 2026 (239 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
379 Simcoe St is listed at $1,550,000 (MLS® N12942904). Summitly updates the price as soon as the MLS® record changes.
Is $1,550,000 a good price for 379 Simcoe St?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 379 Simcoe St changed?
Yes — it was first listed at $1,799,900 and is now $1,550,000, a drop of $249,900 (13.9%).
How many bedrooms and bathrooms does 379 Simcoe St have?
379 Simcoe St has 9 bedrooms and 5 bathrooms, with about 2,500–3,000 square feet of living space. It is a multiplex in Newmarket.
Is 379 Simcoe St close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 370 m (about a 5-minute walk) in a straight line. East Gwillimbury GO Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 379 Simcoe St?
About $7,615 a month — principal and interest on $1,550,000 with 20% down ($310,000), 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 379 Simcoe St compare with other homes in Newmarket?
Its asking price of $1,550,000 is about 62% above the median sold price in Newmarket over the last 90 days, $954,000, across 400 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 379 Simcoe St been sold before?
Summitly has no earlier MLS® sale or lease of 379 Simcoe St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 379 Simcoe St?
379 Simcoe St is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 379 Simcoe St been on the market?
202 days — 379 Simcoe St was listed on April 1, 2026.
What is the price per square foot of 379 Simcoe St?
About $517 to $620 per square foot: the asking price of $1,550,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 379 Simcoe St have parking or a garage?
Yes — the listing gives 17 parking spaces. Garage: Yes.