43 Newbury Drive Newmarket, Ontario L3Y 4P9

5 Bedroom 2 Bathroom 700 - 1,100 sqft
Bungalow None Forced Air

$749,888

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. (id:15069)

Property Details

MLS® Number N13525108
Property Type Single Family
Neigbourhood Newmarket Heights
Community Name Bristol-London
Amenities Near By Hospital, Park, Place Of Worship, Public Transit, Schools
Community Features Community Centre
Equipment Type Water Heater
Features Irregular Lot Size, In-law Suite
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Age 51 To 99 Years
Appliances Water Heater
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance
Basement Type Full, N/a (finished), N/a
Construction Style Attachment Semi-detached
Cooling Type None
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Sanitary Sewer
Size Depth 98 Ft
Size Frontage 42 Ft ,9 In
Size Irregular 42.8 X 98 Ft ; 99.99 Ft X 52.96 Ft X 95.06 Ft X 21.96ft
Size Total Text 42.8 X 98 Ft ; 99.99 Ft X 52.96 Ft X 95.06 Ft X 21.96ft|under 1/2 Acre
Zoning Description Icbl, R2-k

Rooms

Level Type Dimensions
Basement Living Room 6.3 m x 3.39 m
Basement Kitchen 6.3 m x 3.39 m
Basement Bedroom 4 3.35 m x 2.49 m
Basement Bedroom 5 3.96 m x 2.87 m
Main Level Kitchen 4.4 m x 2.99 m
Main Level Living Room 3.59 m x 3.27 m
Main Level Dining Room 3.59 m x 3.27 m
Main Level Primary Bedroom 5.37 m x 2.59 m
Main Level Bedroom 2 2.99 m x 2.45 m
Main Level Bedroom 3 2.99 m x 2.8 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29991881/43-newbury-drive-newmarket-bristol-london-bristol-london

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