1038 Jacarandah Drive, Newmarket, ON

$6,250,000
MLS#:N12918188
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 1038 Jacarandah Drive Newmarket ON listed at $6,250,000 (MLS# N12918188) - Main View
Power of Sale
For Sale
Added:Mar 25, 2026(184 days ago)
Updated:Mar 25, 2026(184 days ago)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable land located in the coveted neighborhood of Huron Heights-Leslie Valley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,250,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 140.33 x 354 ft lot size

Description

Power of Sale opportunity. Exceptional opportunity to acquire a residential development site in the heart of Newmarket. Draft plan approved for a 23-unit low-rise project (20 semi-detached and 3 detached homes) with 46,091 SF GFA. Can be converted to rentals using ARU Bylaws, with the potential for 51 units. Zoning By-law Amendment approved and Draft Plan of Subdivision approved subject to conditions. Situated within an established low-density neighbourhood with limited remaining development parcels. Ideally located just minutes to Newmarket GO, East Gwillimbury GO, and the Hwy 404/Davis Dr. interchange, offering excellent commuter access. For a limited time, Vendor is offering to cover Land Transfer Tax and provide a 70% VTB to qualified purchasers, including 0% interest in year one. Full address: 1038-1040 Jacarandah Drive.

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Property Summary

This land located at 1038 Jacarandah Drive, Newmarket is currently for sale and has been available on SousaSells for 184 days. This property is listed at $6,250,000 with an estimated mortgage of $20,804* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1038 Jacarandah Drive, Newmarket is in the Huron Heights-Leslie Valley neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Huron Heights-Leslie Valley, Newmarket.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Land architecture in Huron Heights-Leslie Valley, Newmarket
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$6,250,000
AddedMar 25, 2026 (184 days ago)
UpdatedMar 25, 2026 (184 days ago)
Last Checked17 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size140.33 × 354 Feet
CountyYork
Annual Tax$10,833.54
Legal DescriptionPART LOT 3, CONCESSION 2, EAST GWILLIMBURY, PART 1, PLAN 65R-39925 TOWN OF NEWMARKET

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Newmarket Home Buyer Advisory & Market HubActive MLS® Listing in Newmarket, Ontario

Looking to Buy a Home in Newmarket?

If you are looking for a house in Newmarket or researching Newmarket real estate for sale, this land at 1038 Jacarandah Drive, Newmarket, ON offers an exceptional opportunity to buy a home in Newmarket, Ontario. Whether you are a first-time Newmarket home buyer or comparing active Newmarket MLS® homes for sale, working with a dedicated Newmarket buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Newmarket Homes for Sale & MLS® Listings

Browse all verified Newmarket real estate listings, compare active Newmarket houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Newmarket Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Newmarket realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Newmarket Buyer Budget & Costs

Estimated mortgage: $20,804*/month*. Estimated Ontario Land Transfer Tax: $142,725. First-time Newmarket home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Newmarket

Frequently Asked Questions about 1038 Jacarandah Drive, Newmarket, ON

Q.What is the asking price for 1038 Jacarandah Drive, Newmarket, ON ?

The current listing price for 1038 Jacarandah Drive, Newmarket, ON in Huron Heights-Leslie Valley, Newmarket is $6,250,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 1038 Jacarandah Drive, Newmarket, ON ?

1038 Jacarandah Drive, Newmarket, ON is a Land () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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1038 Jacarandah Drive, Newmarket, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Huron Heights-Leslie Valley, Newmarket

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents42 incidents / yr
Average Per Month3.5 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

11 assaults (45.0/100k)

Property Security
Low

9 B&E (40.0/100k)

Auto Theft Risk
Low Risk

13 thefts (45.0/100k)

1-Year Trend
â–¼ 5.7%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 1038 Jacarandah Drive, Newmarket, ON L3Y 3G8

Estimated Sales Range
$5,938,000 - $6,125,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,875,000 (30.0%)
* Minimum Canadian down payment required for this price is $1,250,000.
Amortization Period30 Years
Estimated Monthly Payment$20,804Based on a loan of $4,375,000 over 30 years.
Purchase Price$6,250,000
Loan Amount$4,375,000
Provincial Land Transfer Tax:$142,725
Total Estimated Closing Taxes:$142,725

About Purchasing a Home in Newmarket, ON

For a property listed at $6,250,000 in Newmarket, the legal minimum down payment is $1,250,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $142,725 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $142,725.

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Huron Heights-Leslie Valley, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Huron Heights-Leslie Valley, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,524,319

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Huron Heights-Leslie Valley, Newmarket

Elementary Schools

Meadowbrook
Public233 Patterson Street, Newmarket, Ontario, L3Y 3L5
4.7
Glen Cedar
Public915 Wayne Drive, Newmarket, Ontario, L3Y 5W1
3.6
St Elizabeth Seton
Public960 Leslie Valley Drive, Newmarket, Ontario, L3Y 8B3
5.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Denne
Public330 Burford Street, Newmarket, Ontario, L3Y 6L1
5.0

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6

Huron Heights-Leslie Valley, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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