43 Newbury Drive, Newmarket, ON L3Y 4P9
Newmarket, ON L3Y 4P9
About this property
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 facts & features
- Property type
- Semi-Detached
- MLS® number
- N14126694
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 2
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L3Y 4P9
- Parking spaces
- 4
- Garage
- None
- Lot depth (source units)
- 98
- Annual property tax
- 3834
- Basement
- Full, Finished, Separate Entrance
- Laundry
- Not provided
- Interior features
- In-Law Suite, Primary Bedroom - Main Floor, Water Heater
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $724,888
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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Explore active properties in Newmarket →Listing brokerage: LPT REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® N14126694. Information deemed reliable but not guaranteed.