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.
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Zillow last checked:
Listing updated:
Listed by:
LPT REALTY
Source: TRREB,MLS®#: N13525108Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Primary bedroom
Level: Main
Dimensions: 5.37 x 2.59
Bedroom 2
Level: Main
Dimensions: 2.99 x 2.45
Bedroom 3
Level: Main
Dimensions: 2.99 x 2.8
Bedroom 4
Level: Basement
Dimensions: 3.35 x 2.49
Bedroom 5
Level: Basement
Dimensions: 3.96 x 2.87
Dining room
Level: Main
Dimensions: 3.59 x 3.27
Kitchen
Level: Main
Dimensions: 4.4 x 2.99
Kitchen
Level: Basement
Dimensions: 6.3 x 3.39
Living room
Level: Main
Dimensions: 3.59 x 3.27
Living room
Level: Basement
Dimensions: 6.3 x 3.39
Heating
Forced Air, Gas
Cooling
None
Appliances
Included: Water Heater
Features
In-Law Suite, Primary Bedroom - Main Floor
Basement: Full,Finished,Separate Entrance
Has fireplace: No
Interior area
Living area range: 700-1100 null
Property
Parking
Total spaces: 4
Parking features: Private Double
Features
Pool features: None
Waterfront features: None
Lot
Size: 3,552 Square Feet
Features: Hospital, Park, Place Of Worship, Rec./Commun.Centre, Public Transit, School, Irregular Lot
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