43 NEWBURY DRIVE, Newmarket (bristol-london), ON L3Y4P9
43 NEWBURY DRIVE, Newmarket (bristol-london), ON L3Y4P9
43 NEWBURY DRIVE, Newmarket (bristol-london), ON L3Y4P9
43 NEWBURY DRIVE, Newmarket (bristol-london), ON L3Y4P9
43 NEWBURY DRIVE, Newmarket (bristol-london), ON L3Y4P9
43 NEWBURY DRIVE, Newmarket (bristol-london), ON L3Y4P9
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Francisco Mahecha

Francisco Mahecha

+1(506) 471-7764
$ 749,888
Est. payment | /mo

5 Beds

2 Baths

700 SqFt

Save
$ 749,888
Est. payment | /mo
Save

5 Beds

2 Baths

700 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $1,071

Subdivision Bristol-London

MLS® Listing ID N13525108

Style Bungalow

Bedrooms 5

Property Sub-Type Freehold

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. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Basement 6.3 m X 3.39 m Living room

Extra Room 2 Basement 6.3 m X 3.39 m Kitchen

Extra Room 3 Basement 3.35 m X 2.49 m Bedroom 4

Extra Room 4 Basement 3.96 m X 2.87 m Bedroom 5

Extra Room 5 Main level 4.4 m X 2.99 m Kitchen

Extra Room 6 Main level 3.59 m X 3.27 m Living room

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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Francisco Mahecha

+1(506) 471-7764

francisco@mahechadreamhome.com

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43 NEWBURY DRIVE