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.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
700-1100
Lot Size:
<.50
Lot Depth:
98'29.9 m
Lot Frontage:
42'9"13 m
Lot Shape:
Irregular
Direction Faces:
East
Bedrooms:
3+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
3
Zoning:
ICBL, R2-K
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Full, Finished, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private Double
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
TBA
Lot Irregularities:
99.99 ft x 52.96 ft x 95.06 ft x 21.96ft
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$430,000
Assessment Year:
2026
Taxes:
$3,834 /
2025
Assessment:
$430,000.00 /
2026
York
Newmarket
Bristol-London
Hospital, Park, Place Of Worship, Rec./Commun.Centre, Public Transit, School
In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Data was last updated October 29, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$799,500
Min list price:
$709,000
Max list price:
$1,016,000
Avg days on market:
33
Min days on market:
1
Max days on market:
225
These statistics are generated based on the current listing's property type
and located in
Newmarket. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.