Listed by Sutton Group-Admiral Realty Inc..

37 Newbury Drive is a Semi-Detached, Bungalow-Raised and is currently for Sale @ $749,000. Taxes in 2025 were $4,012.42.

More homes for sale under 700k in Newmarket

Skip the major renos, permits, and tenant search! This is a turnkey legal 2-unit property (listed on the Town of Newmarket's registry) in a mature, transit-friendly neighbourhood. The Bungalow-Raised on 37 Newbury Drive has 3 bedrooms, 2 bathrooms, and is located on a 97 x 32.5 ft lot in the community of Bristol-London . Upper unit consist of 3 bedrooms and 1 bath, lower unit, 2 bedrooms and 1 bath- both units were beautifully renovated in 2021 with modern finishes and highly functional layouts! The property is currently leased as a single unit at a strong market rate, generating nearly $50,000 in Gross Rental Income with an exceptional Net Operating Income (NOI). Occupied by a responsible professional tenant and family that have expressed a strong desire to remain in place, this asset provides a new owner with immediate, built-in income and the future flexibility of its legalized two-unit zoning. This is a fantastic opportunity for an investor seeking an income-producing asset where the updates and legal status are already secured. Newmarket offers a complete lifestyle with access to major amenities, including Upper Canada Mall, Costco, and Southlake Regional Health Centre. The area is well-connected for easy travel throughout the GTA with quick access to Highway 404 and within walking distance to Viva Transit and the GO station, making commuting convenient and reliable.. Pictures were taken prior to the existing tenants. Photos virtually staged.

All appliances (fridge, stove, dishwasher, washer & dryer), all electrical light fixtures, all window coverings

The address 37 Newbury Drive was listed for sale (MLS# N13133278) on Friday, May 15, 2026.