ONYorkNewmarket206 Parkview Crescent
206 Parkview Crescent
Interior view
Interior view
21
New

206 Parkview Crescent

Newmarket, ON, L3Y 2C8

Residential Freehold
Area
1500-2000 sq.ft
Bed
-
Bedrooms
Bath
-
Bathrooms
Parking
-
Single Garage

Asking Price

$1,698,000

Property Description

Original Remarks

PREMIER REVENUE ASSET - 100% OR 50% EQUITY STAKE AVAILABLE - $120K GROSS/YR Investment Opportunity: Rarely does an asset of this caliber reach the market. Strategically positioned in the Yonge & Davis corridor of Newmarket, this detached residence is a turn-key, high-yield business producing around $10,000/month in gross rental income. Fully Renovated Detached Bungalow- Turnkey Investment opportunity! This beautifully upgraded home is a rare find offering 3 self-contained units with 3 separate entrances. Two basement units are in the process of legalization. ideal for investors or multi-generational families! Situated on a generous 60x121 ft lot, backing onto a Ravine. The property is tenanted and offers immediate cash flow with significant long-term land appreciation. The tenants can stay or go. The main level features 4 spacious bedrooms, a bright living room with large picture windows, and a stunning family room with skylight that fills the space with natural light. The basement offers 2 separate units, each with 2 bedrooms and private entrances- perfect for strong rental income. The Property has 8 Bedrooms + 3 Kitchens. Mature lot with in-ground pool and direct ravine access. Ideal for future "Missing Middle" development or a luxury custom rebuild. Flexible Acquisition Structures: The Seller is offering two distinct exit strategies to accommodate different investor profiles: 100% Fee Simple Acquisition: Full ownership of the land and income stream. 50% Partial Interest (Co-Ownership): Purchase a 50% equity stake in the property. Ideal for investors seeking a "Profit Share" arrangement. Property located just minutes walk to Yonge Street, Davis Drive, and Upper Canada Mall, with easy access to transit, schools, parks, and shopping. This is more than a home

PROPERTY HISTORY

206 Parkview Crescent

Type:Residential Freehold
Style:-
Size Range:1500-2000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:N13085674
Community:Central Newmarket
Days on Market:-
Year Built:-
Age range:-
Basement:-
Ownership Type:-
Condo Fee:N/A
Yearly Taxes:$6,206/yr (2025)
Municipality:Newmarket
Lot Size:-

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