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Renanza Realty
For sale

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
—

Listing 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.

Estimated monthly payment$3,373 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.