856 Magnolia Ave, Newmarket

Name: 856 Magnolia Avenue
SKU: N13813058
Price: 850000 CAD
Availability: InStock

3 Bed, 3 Bath Detached Home in Newmarket

About 856 Magnolia Avenue

Welcome to this lovingly maintained 4-bedroom (3 on the second level and 1 on lower level), 3-bathroom home offering generous living space, timeless comfort, and exceptional versatility for growing or multi-generational families. Proudly cared for over the years, this home showcases true pride of ownership throughout and presents a wonderful opportunity to move in and personalize at your own pace. The bright and spacious main level features a sun-filled living room ideal for everyday living and entertaining, while a separate family room provides an additional cozy retreat for movie nights, gatherings, or quiet evenings at home. The functional eat-in kitchen offers ample cabinetry, plenty of workspace, and room for a family-sized table, creating a warm and welcoming heart of the home. While the interior reflects a more traditional style, the home has been exceptionally maintained and offers a solid foundation for future updates. A standout feature is the main floor family room was being used as a bedroom, complete with a convenient 3-piece ensuite featuring a roll-in shower, ideal for extended family, guests, or accessible main-floor living needs. The finished basement adds valuable additional living space perfect for a recreation room, home office, hobby area, or playroom, along with a full bathroom and excellent storage options. With spacious bedrooms and 3 full bathrooms, this home offers flexibility, comfort, and room to grow. Situated in a quiet family-friendly neighbourhood, this is a fantastic opportunity to enjoy a well-cared-for home with endless potential to make it your own.

3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $567 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 856 Magnolia Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 4 spacesYes garage
Basement: Full, Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 4

Interior

Basement: Full · Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

856 Magnolia Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 22, 2026For saleListedThis listingMLS® N13813058$850,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 856 Magnolia Ave Compares to the Newmarket Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 657 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Newmarket market, last 90 days

Median sold price: $945,000
Average sold price: $996,872
Average days on market: 29
Homes sold: 379

Closed sales on the TRREB MLS®.

Full Newmarket market report

Market pulse · Newmarket

Newmarket market

Median sold price$945,000Last 90 days
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio97.9%On average, homes sold below asking.
Active listings375Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 14 – Aug 12, 2026: prices down.

Based on 379 sales from Aug 12 – Nov 10, 2026 (284 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Newmarket

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home856 Magnolia Avenue 3 bd · 3 ba · 1,500 sqft	$850,000asking	$567	—	—
468 Dorchester Court 4 bd · 2 ba · 2,500 sqft
194 Chambers Crescent 4 bd · 3 ba · 2,500 sqft
150 Lorne Avenue 2 bd · 3 ba · 2,000 sqft
86 Beare Trail 4 bd · 2 ba · 1,500 sqft
76 Ford Wilson Boulevard 4 bd · 2 ba · 2,000 sqft
223 Emma Broadbent Court 3 bd · 2 ba · 1,500 sqft

468 Dorchester Court
4 bd · 2 ba · 2,500 sqft
194 Chambers Crescent
4 bd · 3 ba · 2,500 sqft
150 Lorne Avenue
2 bd · 3 ba · 2,000 sqft
86 Beare Trail
4 bd · 2 ba · 1,500 sqft
76 Ford Wilson Boulevard
4 bd · 2 ba · 2,000 sqft
223 Emma Broadbent Court
3 bd · 2 ba · 1,500 sqft

Living in Newmarket: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

East Gwillimbury GO StationBarrie GO1.1 km14 min walk
Newmarket GO StationBarrie GO1.8 km23 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

East Gwillimbury GO Station (Barrie GO)14 min walk
Newmarket GO Station (Barrie GO)23 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

East Gwillimbury GO Station
1.1 km14 minClosest· Barrie GO
Homes near East Gwillimbury GO Station
Newmarket GO Station
1.8 km23 min· Barrie GO
Homes near Newmarket GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 856 Magnolia Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 856 Magnolia Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,176; 20% down · 25 years · 5.5% assumed
Property tax: $468; 0.66% mill rate · ON
Total per month: $4,644; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

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

Down payment20%

$170,000 cash

Amortization25 yr

$680,000 financed

Rate5.50%

$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.

Want rate-drop alerts and a saved shortlist?

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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Questions About 856 Magnolia Ave

How much is 856 Magnolia Ave listed for?

856 Magnolia Ave is listed at $850,000 (MLS® N13813058). Summitly updates the price as soon as the MLS® record changes.

Is $850,000 a good price for 856 Magnolia Ave?

Summitly rates it Good Deal: the asking price is 3% to 10% 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 856 Magnolia Ave changed?

No — 856 Magnolia Ave is still listed at its original asking price of $850,000.

How many bedrooms and bathrooms does 856 Magnolia Ave have?

856 Magnolia Ave has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Newmarket.

Is 856 Magnolia Ave close to transit?

The nearest rapid-transit station is East Gwillimbury GO Station (Barrie GO), about 1.1 km (about a 14-minute walk) in a straight line. Newmarket GO Station is about 1.8 km (about a 23-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 856 Magnolia Ave?

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 856 Magnolia Ave compare with other homes in Newmarket?

Its asking price of $850,000 is about 10% below the median sold price in Newmarket over the last 90 days, $945,000, across 379 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 856 Magnolia Ave been sold before?

Summitly has no earlier MLS® sale or lease of 856 Magnolia Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 856 Magnolia Ave?

856 Magnolia Ave is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 856 Magnolia Ave been on the market?

49 days — 856 Magnolia Ave was listed on September 22, 2026.

What is the price per square foot of 856 Magnolia Ave?

About $425 to $567 per square foot: the asking price of $850,000 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 856 Magnolia Ave have parking or a garage?

Yes — the listing gives 4 parking spaces. Garage: Yes.

What you should know

3 Bed, 3 Bath Detached Home in Newmarket

About 856 Magnolia Avenue

Inside 856 Magnolia Ave

Features & systems

856 Magnolia Ave Price & Sale History

How 856 Magnolia Ave Compares to the Newmarket Market

Newmarket market, last 90 days

Recently sold nearby in Newmarket

Living in Newmarket: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 856 Magnolia Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Magnolia Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 856 Magnolia Ave, Newmarket in person

Similar homes for sale nearby in Newmarket

Explore More Detached Homes in Newmarket

3 Bed, 3 Bath Detached Home in Newmarket

About 856 Magnolia Avenue

Inside 856 Magnolia Ave

Features & systems

856 Magnolia Ave Price & Sale History

How 856 Magnolia Ave Compares to the Newmarket Market

Newmarket market, last 90 days

Market pulse · Newmarket

Recently sold nearby in Newmarket

Living in Newmarket: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 856 Magnolia Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Magnolia Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 856 Magnolia Ave, Newmarket in person

Questions About 856 Magnolia Ave

How much is 856 Magnolia Ave listed for?

Is $850,000 a good price for 856 Magnolia Ave?

Has the price of 856 Magnolia Ave changed?

How many bedrooms and bathrooms does 856 Magnolia Ave have?

Is 856 Magnolia Ave close to transit?

How much would the monthly mortgage be on 856 Magnolia Ave?

How does 856 Magnolia Ave compare with other homes in Newmarket?

Has 856 Magnolia Ave been sold before?

Where is 856 Magnolia Ave?

How long has 856 Magnolia Ave been on the market?

What is the price per square foot of 856 Magnolia Ave?

Does 856 Magnolia Ave have parking or a garage?

Similar homes for sale nearby in Newmarket

Explore More Detached Homes in Newmarket

Market pulse · Newmarket

Transit nearby

Transit

Questions About 856 Magnolia Ave

How much is 856 Magnolia Ave listed for?

Is $850,000 a good price for 856 Magnolia Ave?

Has the price of 856 Magnolia Ave changed?

How many bedrooms and bathrooms does 856 Magnolia Ave have?

Is 856 Magnolia Ave close to transit?

How much would the monthly mortgage be on 856 Magnolia Ave?

How does 856 Magnolia Ave compare with other homes in Newmarket?

Has 856 Magnolia Ave been sold before?

Where is 856 Magnolia Ave?

How long has 856 Magnolia Ave been on the market?

What is the price per square foot of 856 Magnolia Ave?

Does 856 Magnolia Ave have parking or a garage?