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    For Sale - 43 Newbury Drive, Newmarket, Ontario

    Est payment $3,601/mo
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    Views   5
    Time on Jump  45 day

    AI Summary *

    • Legal second suite offers great income potential for investors or homeowners.
    • Bright main level features three bedrooms and an updated eat-in kitchen.
    • Spacious open-concept living and dining areas with oversized windows.
    • Finished lower level includes its own kitchen, living area, and separate entrance.
    • Located in a convenient neighbourhood close to parks, schools, and shopping.




    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.
    Listing IDN13525108
    Address43 Newbury Drive
    CityNewmarket, Ontario
    Price$749,888
    Bed / Bath5 / 2 Full
    StyleBungalow, Semi-Detached
    ConstructionBrick
    Land Size3552.09
    TypeResidential
    StatusFor Sale

    Subtype Semi-Detached Indoor Features In-Law Suite, Primary Bedroom - Main Floor, Water HeaterAmenities Hospital, Park, Place Of Worship, Rec./Commun.Centre, Public Transit, SchoolOwnership FreeholdWaterfront NoneBasement Full, Finished, Separate EntranceFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  LPT REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    43 Newbury Drive
    Newmarket , Ontario
    5 2 $749,888
    Get more info