206 Parkview Cres, Newmarket, ON

Name: 206 Parkview Cres, For Sale in Newmarket - eXp Realty
Brand: CENTRAL HOME REALTY INC.
SKU: N13497606
Price: 999900 CAD

House

For Sale

Listed price in listed location currency (CAD).

$999,900

844

MLS® N13497606

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage None

Taxes $6,206

Days Active 0

Lot Size 7264

Approx. Age

MLS® Number N13497606

Property Address: 206 Parkview Cres, Newmarket, ON, L3Y2C8

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberN13497606

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNone

Approx. Age

BasementApartment

DrivewayGarage Type:None

Garage Spaces

HeatGas, Forced Air

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 27, 2026List Date

$999,900List Price

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$XXX,XXXSold Price

Top Secret

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$XXX,XXXList Price

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

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$XXX,XXXList Price

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