874 Sparrow Road, Newmarket, ON L3Y 5P9

$1,088,000
5
BD
2
BA
1,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,088,000
MLS#
N13552240
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Backsplit 5
Bedrooms
5
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Newmarket
Area
York
Neighborhood
Gorham-College Manor
Subdivision
Gorham/Alexander

Property Description

Attention Investors & Savvy Homebuyers! Incredible turnkey income property showcasing approx. 2,800 sq ft of total finished living space. This exceptionally well-maintained home features an ideal layout with excellent, stable tenants already in place generating gross rental income of $4,500/month (Upstairs: $2,600, Lower: $1,900). The bright and spacious principal residence features an updated kitchen (2016), neutral decor, and vinyl windows. The lower level boasts a fantastic basement apartment with a separate kitchen (2016). Enjoy peace of mind with extensive big-ticket upgrades: Brand New Deck, A/C (2022), Furnace (2019), and Shingles replaced 8 years ago. A rare, high-yield asset in a prime location. Nothing to do but collect rent!

Additional Information

Taxes
$5,466
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Rooms
10
Family Room
Yes
Kitchens
2
Exterior
Aluminum Siding, Brick
Garage Spaces
2
Garage Type
Attached
Pool
None
Parking Spaces
6
Parking Type
Private

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HOMELIFE LANDMARK REALTY INC..