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43 Newbury Dr, Newmarket, ON

Name: 43 Newbury Dr, For Sale in Newmarket - Zoocasa
Brand: LPT REALTY
SKU: N14126694
Price: 724888 CAD

House

For Sale

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524

MLS® N14126694

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $3,834

Days Active 0

Lot Size

Approx. Age

MLS® Number N14126694

Property Address: 43 Newbury Dr, Newmarket, ON, L3Y4P9

Average square foot calculated using Size range provided by listing agent.

Description

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:58753)Show Description

MLS® NumberN14126694

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementFinished, Full, Separate entrance, N/A

DrivewayNo Garage

Garage Spaces

HeatForced air, Natural gas

A/CNone

Extras

Rooms

Show Details

Bedroom 3:Main Floor2.8 × 2.99 ft

Bedroom 4:Basement2.49 × 3.35 ft

Dining Room:Main Floor3.27 × 3.59 ft

Living Room:Basement3.39 × 6.3 ft

Bedroom 2:Main Floor2.45 × 2.99 ft

Master Bedroom:Main Floor2.59 × 5.37 ft

Bedroom 5:Basement2.87 × 3.96 ft

Kitchen:Basement3.39 × 6.3 ft

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $724,000 and $973,000.

Similar properties in this area sold on average for: $890,162

Expected to sell in 36 days. Similar properties sold in 36 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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