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$599,000
3 Beds 1 Baths N13595154 MLS
Bring your vision to this value-packed opportunity in the heart of Newmarket. Ideally located just minutes from Upper Canada Mall, Southlake Regional Health Centre, schools, parks, public transit and major commuter routes, this semi-detached bungalow is ready for its next chapter. Featuring three bedrooms on the main level, a separate entrance to the basement with an additional bedroom, recreation space and laundry area, plus parking for two vehicles, the property offers a functional layout with exceptional potential. Whether you're an investor, contractor or experienced renovator, this is your opportunity to transform this property and unlock its full potential in one of Newmarket's most established and convenient neighbourhoods. Property is being sold in "as is, where is" condition without any representations or warranties by the Seller.

218 Penn Avenue, Newmarket

$749,888
5 Beds 2 Baths N13525108 MLS
Attention First-Time Home Buyers! Live in the lower unit and let the upper unit, with an estimated rental income of approximately $3,000 per month, will cover your monthly carrying costs (see disclaimer below).For investors, this legal two-unit home offers an estimated combined rental potential of approximately $5,000 per month ($3,000 upper unit and $2,000 lower unit), creating an excellent opportunity to generate income while building long-term equity (buyers to complete their own due diligence).With over $100,000 invested in renovations, this vacant legal two-unit home is move-in ready, allowing you to choose your own tenants or lease both units from day one. The bright upper level features three bedrooms, an updated eat-in kitchen, spacious open-concept living and dining areas, oversized windows, and modern finishes throughout. The finished lower level offers its own kitchen, spacious living area, two bedrooms, a full bathroom, laundry, and separate entrance, making it ideal for rental income, extended family, or multi-generational living. Situated in an established Newmarket neighbourhood, you'll enjoy easy access to parks, schools, shopping, public transit, everyday amenities, and major commuter routes throughout York Region and the GTA. Disclaimer: Rental income and mortgage payment examples are provided for illustrative purposes only and are not guaranteed. For illustration, a $600,000 mortgage at TD Bank's posted 5-year variable rate available at the time of writing would have an estimated monthly payment of approximately $2,965. Rental values, interest rates, financing terms and ownership expenses are subject to change. Buyers are encouraged to verify all figures through their own due diligence and consult their lender and other professional advisors.

43 Newbury Drive, Newmarket