43 Newbury Drive, Newmarket, ON L3Y 4P9
Newmarket, ON, L3Y 4P9 · Bristol-London
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