• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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84 days
56 Millard Avenue, Newmarket, ON L3Y 1Y8

56 Millard Avenue, Newmarket, ON L3Y 1Y8

Newmarket, ON, L3Y 1Y8 · Central Newmarket

9 Beds
3 Baths
— Sq Ft
6 Parking
Detached Type
N12996086 MLS#

About this property

Exceptional income-generating opportunity in the heart of Newmarket! Spacious raised bungalow offering the potential to operate as two separate rental units as well as a legal basement, making it an outstanding investment property or ideal for buyers looking to live in one unit while generating strong rental income from the others. The main level features 4 bright bedrooms, an open-concept living and dining area, and a modern kitchen with walk-out to a private deck. The fully finished lower level includes a self-contained 2-bedroom apartment with separate entrance and private laundry, with layout flexibility that allows for multiple rental configurations. Fully renovated from top to bottom, inside and out, this property is move-in ready and perfectly suited for investors seeking multiple income streams. Located in a prime Newmarket location just minutes from Yonge Street, Upper Canada Mall, schools, parks, transit, and major highways. A rare opportunity to own a versatile property with excellent cash flow potential.

Features & Amenities

  • Basement: Apartment, Separate Entrance, Finished, Walk-Up
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Bungalow-Raised
  • Construction: Stucco (Plaster)
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style Bungalow-Raised
Bedrooms 9
Bathrooms 3
Basement Apartment, Separate Entrance, Finished, Walk-Up
Garage None
Parking Spaces 6
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $4,556
Tax Year 2026

Interior Features

Interior Features
Carpet Free, Water Heater
Fireplace
Yes

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
Bungalow-Raised
Construction Materials
Stucco (Plaster)
Foundation Details
Concrete
Roof
Shingles
Basement
Apartment, Separate Entrance, Finished, Walk-Up

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
6
Parking Total
6.00
Parking Features
Available
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
125.00
Lot Width
60.00

Financial & Tax

Tax Annual Amount
$4,556
Tax Year
2026
Possession Type
90+ days
Possession Details
TBA

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
3
Rooms Below Grade
2
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
5
Bedrooms Below Grade
4

Additional Details

Occupant Type
Tenant
Direction Faces
South
County Or Parish
York
Cross Street
Yonge Street & Davis Drive
Directions
Yonge Street & Davis Drive
Special Designation
Accessibility
Showing Requirements
Lockbox

Location

56 Millard Avenue, Newmarket, ON L3Y 1Y8, Newmarket, ON, L3Y 1Y8

Listing courtesy of LSG REALTY INC.
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Contact Info

  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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