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43 Newbury Drive, Newmarket, ON L3Y 4P9

Newmarket, ON, L3Y 4P9 · Bristol-London

5 Beds
2 Baths
Sq Ft
4 Parking
Semi-Detached Type
N13525108 MLS#

About this property

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.

Features & Amenities

  • Basement: Full, Finished, Separate Entrance
  • Garage: None
  • Cooling: None
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Bungalow
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Semi-Detached
Architectural Style Bungalow
Bedrooms 5
Bathrooms 2
Lot Size 3,552 Feet
Basement Full, Finished, Separate Entrance
Garage None
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling None
Sewer Sewer
Annual Tax $3,834
Tax Year 2025

Interior Features

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

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
Bungalow
Construction Materials
Brick
Foundation Details
Block
Roof
Asphalt Shingle
Basement
Full, Finished, Separate Entrance
Approximate Age
51-99

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
None

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Private Double
Covered Spaces
0

Lot & Land

Lot Size Area
3552.09
Lot Size Units
Feet
Lot Depth
98.00
Lot Width
42.75
Lot Irregularities
99.99 ft x 52.96 ft x 95.06 ft x 21.96ft

Community & Neighborhood

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

Financial & Tax

Tax Annual Amount
$3,834
Tax Year
2025
Tax Assessed Value
$430,000
Possession Type
Flexible
Possession Details
Tba

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
6
Rooms Below Grade
3
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
3
Bedrooms Below Grade
2

Additional Details

Occupant Type
Vacant
Direction Faces
East
County Or Parish
York
Cross Street
Davis Dr/Longford Dr/Newbury Dr
Directions
Davis Dr/Longford Dr/Newbury Dr
Special Designation
Unknown
Showing Requirements
Lockbox, See Brokerage Remarks, Showing System, List Brokerage, List Salesperson

Location

43 Newbury Drive, Newmarket, ON L3Y 4P9, Newmarket, ON, L3Y 4P9

Listing courtesy of LPT REALTY
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