43 Newbury DR, Newmarket, ON L3Y 4P9
43 Newbury DR, Newmarket, ON L3Y 4P9
43 Newbury DR, Newmarket, ON L3Y 4P9
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$749,888
Est. payment /mo
5 Beds
2 Baths
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Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Bristol-London

MLS Listing ID N13525108

Style Bungalow

Bedrooms 5

Annual Tax Amount $3,834

Tax Year 2025

Property Sub-Type Semi-Detached

Property 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.

Location

Province ON

County York

Area York

Rooms

Family Room No

Basement Full, Finished, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 42.75

Lot Depth 98.0

Total Parking Spaces 4

Building

Building Age 51-99

Unit Features Hospital,Park,Place Of Worship,Rec./Commun.Centre,Public Transit,School

Foundation Block

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No


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Listed by LPT REALTY

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Lindsay Weldon

Lindsay Weldon

+1(416) 662-3448

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