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206 Parkview Crescent in Newmarket for sale

Asking price
$1,258,000
Estimate (Jun 27)
$1,025,792
MLS #:
N13497606
Type:
Detached, Bungalow
Approx. SQFT:
1500-2000
Basement:
Apartment
4+4 4+4
60 x 121 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Sld Feb 05, 2022 $1,380,000
0000-00-00 $00000 Lsd Sep 10, 2015 $1,750
0000-00-00 $00000 Sld Jul 17, 2015 $615,000
0000-00-00 $00000 Ter N/A N/A N/A
THE ULTIMATE WEALTH-GENERATING ASSET IN CENTRAL NEWMARKET100% FULL VACANT POSSESSION ON CLOSINGWelcome to a premium house and a great asset in Newmarket's prime Yonge & Davis corridor. The property generates about $90,000 rental income annually. Whether you are an institutional investor adding a high-yield vehicle to your portfolio, or a smart homeowner looking to completely eliminate your housing costs via "house-hacking," this property stands entirely in a league of its own.THE LAND VALUE: Sprawling across an oversized, mature 60 ft x 121 ft premium lot, the property backs onto a tranquil ravine. Real estate is about location and land-and a 60-foot ravine lot in the heart of York Region offers massive future appreciation and development protection.THE CONFIGURATION:Main Level: Bright, spacious, updated 4-bedroom layout featuring principal rooms and large windows with the views of the ravine.Lower Level: Two separate, fully self-contained rental suites. Bright, comfortable, and designed to minimize turnover.THE FINANCIAL METRICS: Currently operating at a gross annual yield of approx. $90,000 across three tenancies. For an end-user, this income is large enough to offset your mortgage qualifications, effectively allowing you to occupy a premium detached ravine home in Newmarket completely free while your tenants pay down your principal.THE LOCATION: Unbeatable transit and commercial footprint. Walk to Upper Canada Mall, immediate access to the Yonge St & Davis Dr transit corridors, minutes to the Newmarket GO Station, Southlake Health Centre, major stores, plazas, supermarkets and top-tier neighborhood schools.CHOOSE YOUR CLOSING: The seller offers ultimate contractual flexibility to suit your profile. Retain the outstanding, low-maintenance good tenants for an uninterrupted stream of revenue from day one, OR receive contractually guaranteed 100% full vacant possession on closing to choose your own market rents or move your extended family right in.

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  • Date Listed: Monday, June 22, 2026
  • Listing Brokerage: Central Home Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Central Home Realty Inc. and should be verified by the buyer.
  • City: Newmarket

    More 4 bedrooms homes for sale in Newmarket

  • Neighbourhood: Central Newmarket
  • Major Intersection: Yonge St. & Davis Dr.
  • Full Address: 206 Parkview Crescent, Newmarket, L3Y 2C8, Canada, ON, Canada
  • Living Room: Large Window, hardwood floor
  • Family Room: Hardwood Floor
  • Kitchen: Hardwood Floor
  • Family Room: Laminate
  • Living Room: Laminate
  • Kitchen: Laminate
  • Amenities:
  • Taxes: $6,206.00 (2025)
Living22 x 20 ft440 sq ft
Dining10 x 11 ft110 sq ft
Family14 x 13 ft182 sq ft
Kitchen15 x 10 ft150 sq ft
Primary17 x 11 ft187 sq ft
2nd Br13 x 12 ft156 sq ft
3rd Br11 x 9 ft99 sq ft
4th Br13 x 11 ft143 sq ft
Family12 x 11 ft132 sq ft
Living22 x 11 ft242 sq ft
Kitchen11 x 6 ft66 sq ft
Br14 x 10 ft140 sq ft
2nd Br19 x 10 ft190 sq ft
3rd Br15 x 8 ft120 sq ft
4th Br19 x 9 ft171 sq ft

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