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Bristol-London, Newmarket
$759,999
A rare opportunity in the heart of Newmarket! This versatile property features TWO self-contained living units, including a LEGAL basement apartment (ARU) registered with the Town of Newmarket (Registration #2014-0039) - an excellent opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income! The inviting main level features a spacious open-concept living and dining area with pot lights, along with a beautifully renovated kitchen showcasing stone countertops and backsplash, stainless steel appliances, a breakfast bar and modern finishes. The legal basement apartment offers its own separate entrance, pot lights throughout, and the convenience of separate laundry facilities. With two sets of washers and dryers, both units enjoy added privacy and independence. Additional improvements include 200-amp electrical service, sound- and fire-rated insulation between units, and an attractive stucco exterior. Outside, enjoy a private backyard with a deck, perfect for relaxing or entertaining, plus a deep front yard offering ample parking for multiple vehicles. Ideally located in an established neighbourhood surrounded by beautiful custom-built homes, just minutes from Upper Canada Mall, Newmarket GO Station, Main Street's charming shops and restaurants, Newmarket Plaza, Costco, and Highways 400 and 404.Live in one unit and rent the other, accommodate extended family, or add a legal two-unit property to your investment portfolio. A fantastic combination of flexibility, convenience, and income potential!
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| Type | Semi-Detached |
| Style | Backsplit 3 |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,979 |
| Lot Size | 32 ft x 102 ft |
| mls© Number | N13881820 |
| Listed By | KELLER WILLIAMS REFERRED URBAN REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,890
- Property tax
- $332
- Heat allowance
- $150
- Housing costs
- $4,372 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$135,000
gross annual household income
- Payment at 4%
- $3,198 / mo
- Cash down
- $152,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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