43 NEWBURY DRIVE
Newmarket (Bristol-London), Ontario
MLS® N14126694
$724,888
- Status
- Active
- Property type
- House
- MLS® number
- N14126694
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
1 / 26Listing description
Attention First-Time Home Buyers! Live in the lower unit and let the upper unit, with an estimated rental income of approximately $3,000 per month, will cover your monthly carrying costs (see disclaimer below). For investors, this legal two-unit home offers an estimated combined rental potential of approximately $5,000 per month ($3,000 upper unit and $2,000 lower unit), creating an excellent opportunity to generate income while building long-term equity (buyers to complete their own due diligence).
With over $100,000 invested in renovations, this vacant legal two-unit home is move-in ready, allowing you to choose your own tenants or lease both units from day one. The bright upper level features three bedrooms, an updated eat-in kitchen, spacious open-concept living and dining areas, oversized windows, and modern finishes throughout. The finished lower level offers its own kitchen, spacious living area, two bedrooms, a full bathroom, laundry, and separate entrance, making it ideal for rental income, extended family, or multi-generational living.
Situated in an established Newmarket neighbourhood, you'll enjoy easy access to parks, schools, shopping, public transit, everyday amenities, and major commuter routes throughout York Region and the GTA. Disclaimer: Rental income and mortgage payment examples are provided for illustrative purposes only and are not guaranteed. For illustration, a $600,000 mortgage at TD Bank's posted 5-year variable rate available at the time of writing would have an estimated monthly payment of approximately $2,965.
Rental values, interest rates, financing terms and ownership expenses are subject to change. Buyers are encouraged to verify all figures through their own due diligence and consult their lender and other professional advisors.
Property summary
- MLS® number
- N14126694
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 42.8 x 98 FT ; 99.99 ft x 52.96 ft x 95.06 ft x 21.96ft
- Annual property taxes
- $3,834.00
- Parking
- 4 spaces · No Garage
- Days on market
- 8 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, N/A, N/A
- Appliances
- Water Heater
- Exterior features
- Brick
- Lot features
- Irregular lot size, In-Law Suite
- Community features
- Community Centre
- Architectural style
- Bungalow
What would this home cost you?
Based on the $724,888 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of LPT REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.