206 Parkview Crescent, Newmarket (Central Newmarket), Ontario, Canada, L3Y2C8
206 Parkview Crescent, Newmarket (Central Newmarket), Ontario, Canada, L3Y2C8Rooms & Units Descr
- RoomType1: Kitchen
- RoomLevel1: Basement
- RoomLength1: 3.41
- RoomWidth1: 1.96
- RoomDimensions1: 3.41 m X 1.96 m
- RoomType2: Bedroom
- RoomLevel2: Basement
- RoomLength2: 4.23
- RoomWidth2: 3.02
- RoomDimensions2: 4.23 m X 3.02 m
- RoomType3: Bedroom 2
- RoomLevel3: Basement
- RoomLength3: 5.83
- RoomWidth3: 3.1
- RoomDimensions3: 5.83 m X 3.1 m
- RoomType4: Bedroom 3
- RoomLevel4: Basement
- RoomLength4: 4.47
- RoomWidth4: 2.56
- RoomDimensions4: 4.47 m X 2.56 m
- RoomType5: Bedroom 4
- RoomLevel5: Basement
- RoomLength5: 5.66
- RoomWidth5: 2.69
- RoomDimensions5: 5.66 m X 2.69 m
- RoomType6: Family room
- RoomLevel6: Basement
- RoomLength6: 3.74
- RoomWidth6: 3.32
- RoomDimensions6: 3.74 m X 3.32 m
- RoomType7: Living room
- RoomLevel7: Basement
- RoomLength7: 6.84
- RoomWidth7: 3.29
- RoomDimensions7: 6.84 m X 3.29 m
- RoomType8: Living room
- RoomLevel8: Ground level
- RoomLength8: 6.67
- RoomWidth8: 6.06
- RoomDimensions8: 6.67 m X 6.06 m
- RoomType9: Dining room
- RoomLevel9: Ground level
- RoomLength9: 3.17
- RoomWidth9: 3.21
- RoomDimensions9: 3.17 m X 3.21 m
- RoomType10: Family room
- RoomLevel10: Ground level
- RoomLength10: 4.28
- RoomWidth10: 3.84
- RoomDimensions10: 4.28 m X 3.84 m
- RoomType11: Kitchen
- RoomLevel11: Ground level
- RoomLength11: 4.67
- RoomWidth11: 3.18
- RoomDimensions11: 4.67 m X 3.18 m
- RoomType12: Primary Bedroom
- RoomLevel12: Ground level
- RoomLength12: 5.33
- RoomWidth12: 3.46
- RoomDimensions12: 5.33 m X 3.46 m
- RoomType13: Bedroom 2
- RoomLevel13: Ground level
- RoomLength13: 3.97
- RoomWidth13: 3.64
- RoomDimensions13: 3.97 m X 3.64 m
- RoomType14: Bedroom 3
- RoomLevel14: Ground level
- RoomLength14: 3.21
- RoomWidth14: 2.84
- RoomDimensions14: 3.21 m X 2.84 m
- RoomType15: Bedroom 4
- RoomLevel15: Ground level
- RoomLength15: 3.89
- RoomWidth15: 3.21
- RoomDimensions15: 3.89 m X 3.21 m
Location Details
- City: Newmarket (Central Newmarket)
- Province: Ontario
Property Details
- SubdivisionName: Central Newmarket
- ArchitecturalStyle: Bungalow
- Levels: 1
- FrontageLength: 60 ft
Property Features
- Flooring: Hardwood,Laminate
- Heating: Forced air
- HeatingFuel: Natural gas
- CoolingYN: True
- Cooling: Central air conditioning
- ParkingTotal: 4
- OpenParkingYN: False
- GarageYN: False
- AttachedGarageYN: False
- CarportYN: False
- FireplacesTotal: 0
- PoolYN: True
- ViewYN: False
- WaterfrontYN: False
- Sewer: Sanitary sewer
Basics
- Date added: Added 1 week ago
- Category: Single Family
- Type: Single Family
- Bedrooms: 8
- Bathrooms: 4
- Floors: Hardwood,Laminate
- Area: 1500 - 2000 sq ft
- Lot size: 0 sq ft
- SubdivisionName: Central Newmarket
- ListOfficeName: CENTRAL HOME REALTY INC.
- MLS ID: N13497606
Courtesy of
- OfficeName: CENTRAL HOME REALTY INC.
- ListAOR: Toronto Regional Real Estate Board
Description
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Description:
THE ULTIMATE WEALTH-GENERATING ASSET IN CENTRAL NEWMARKET100% FULL VACANT POSSESSION ON CLOSINGWelcome to a premium house and a great asset in Newmarket's prime Yonge & Davis corridor. The property generates about $90,000 rental income annually. Whether you are an institutional investor adding a high-yield vehicle to your portfolio, or a smart homeowner looking to completely eliminate your housing costs via "house-hacking," this property stands entirely in a league of its own.THE LAND VALUE: Sprawling across an oversized, mature 60 ft x 121 ft premium lot, the property backs onto a tranquil ravine. Real estate is about location and land-and a 60-foot ravine lot in the heart of York Region offers massive future appreciation and development protection.THE CONFIGURATION:Main Level: Bright, spacious, updated 4-bedroom layout featuring principal rooms and large windows with the views of the ravine.Lower Level: Two separate, fully self-contained rental suites. Bright, comfortable, and designed to minimize turnover.THE FINANCIAL METRICS: Currently operating at a gross annual yield of approx. $90,000 across three tenancies. For an end-user, this income is large enough to offset your mortgage qualifications, effectively allowing you to occupy a premium detached ravine home in Newmarket completely free while your tenants pay down your principal.THE LOCATION: Unbeatable transit and commercial footprint. Walk to Upper Canada Mall, immediate access to the Yonge St & Davis Dr transit corridors, minutes to the Newmarket GO Station, Southlake Health Centre, major stores, plazas, supermarkets and top-tier neighborhood schools.CHOOSE YOUR CLOSING: The seller offers ultimate contractual flexibility to suit your profile. Retain the outstanding, low-maintenance good tenants for an uninterrupted stream of revenue from day one, OR receive contractually guaranteed 100% full vacant possession on closing to choose your own market rents or move your extended family right in. (id:67524)
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Building Details
- ParkingTotal: 4
- ArchitecturalStyle: Bungalow
- Heating: Forced air
- Sewer: Sanitary sewer
Amenities & Features
- Waterfront available: No
- OpenParkingYN: No
- AttachedGarageYN: No
- GarageYN: No
- CarportYN: No
- PoolYN: Yes
- CoolingYN: Yes
- Cooling: Central air conditioning
- Total Fireplaces: 0