Property Details
43 NEWBURY DRIVE, Newmarket (Bristol-London), Ontario, L3Y4P9
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:2471)
BALL Real Estate Inc., Brokerage - Peterborough
- 705-768-6278
- 705-775-2255
- 705-651-0212
- sarah.evans23@icloud.com
- Property Address: 43 NEWBURY DRIVE, Newmarket (Bristol-London), Ontario, L3Y4P9
- Community Name: Bristol-London
- Property Type: Single Family
- Zoning Description: ICBL, R2-K
- Title: Freehold
- Lot Size: 42.8 x 98 FT ; 99.99 ft x 52.96 ft x 95.06 ft x 21.96ft
- Acreage: 42.8 x 98 FT ; 99.99 ft x 52.96 ft x 95.06 ft x 21.96ft|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 4
- Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools
- Structure Style: House
- Style: Semi-detached
- Storeys: 1
- Floor Space: 700 - 1100 sqft
- Building Age: 51 to 99 years
- Bedrooms: 3 + 2
- Bathrooms: 2-Total
- Basement Type: Full, N/A (Finished), N/A
- Heating Type: Natural gas, Forced air
- Cooling: None
- Exterior Type: Brick
- Foundation Type: Block
- Appliances Included: Water Heater
- Structures: Shed
- Irregular lot size
- In-Law Suite
- Community Centre
| Type | Level | Dimensions |
|---|---|---|
| Living room | Basement | 6.3 m x 3.39 m |
| Kitchen | Basement | 6.3 m x 3.39 m |
| Bedroom 4 | Basement | 3.35 m x 2.49 m |
| Bedroom 5 | Basement | 3.96 m x 2.87 m |
| Kitchen | Main level | 4.4 m x 2.99 m |
| Living room | Main level | 3.59 m x 3.27 m |
| Dining room | Main level | 3.59 m x 3.27 m |
| Primary Bedroom | Main level | 5.37 m x 2.59 m |
| Bedroom 2 | Main level | 2.99 m x 2.45 m |
| Bedroom 3 | Main level | 2.99 m x 2.8 m |
Listing Office: LPT REALTY
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