Living (6.06 × 6.67)
Large Window · hardwood floor
Level: Ground
206 Parkview Cres
Central Newmarket, Newmarket, Ontario L3Y 2C8
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- N13497606
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,206
- Size
- 1500-2000 sqft
- Lot
- 60 × 121 Feet
- Parking
- None, 4 Parking
Listing History
Buy/Sell history for 206 Parkview Cres, Newmarket, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,258,000 | N/A | Pc | N13497606 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Central Newmarket
- Municipality
- Newmarket
Inside
- Bedrooms
- 4+4
- Bathrooms
- 4
- Bathroom Detail
- 2, 3pc, Ground
- Bathroom Detail
- 2, 3pc, Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1500-2000 sqft
- Construction
- Stucco/Plaster
Parking
- Driveway
- Front Yard
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 60 × 121 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- Inground
- Den
- Y
- Family room
- Y
Rooms (15)
Dining (3.21 × 3.17)
Hardwood Floor
Level: Ground
Family (3.84 × 4.28)
Hardwood Floor
Level: Ground
Kitchen (3.18 × 4.67)
Hardwood Floor
Level: Ground
Primary (3.46 × 5.33)
Large Closet · hardwood floor
Level: Ground
2nd Br (3.64 × 3.97)
Hardwood Floor
Level: Ground
3rd Br (2.84 × 3.21)
Hardwood Floor
Level: Ground
4th Br (3.21 × 3.89)
Hardwood Floor
Level: Ground
Family (3.32 × 3.74)
Laminate
Level: Bsmt
Living (3.29 × 6.84)
Laminate
Level: Bsmt
Kitchen (1.96 × 3.41)
Laminate
Level: Bsmt
Br (3.02 × 4.23)
Laminate
Level: Bsmt
2nd Br (3.1 × 5.83)
Laminate
Level: Bsmt
3rd Br (2.56 × 4.47)
Laminate
Level: Bsmt
4th Br (2.69 × 5.66)
Laminate
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
12 records read 5 on record nearby 7 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 4.1 km
Province of Ontario open data
Around the home
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is G.F. THOMPSON COMPANY LIMITED, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Newmarket-Tay Power Distribution Ltd.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, RuralNet, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,767
- Down payment$251,600
- Mortgage amount$1,006,400
- Total interest$723,700
- Total cost$1,981,700
Cash flow analysis
$5,767
Total monthly payment
$6,284
Break-even down payment
100%
Cash flow-$6,284
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,258,000
$1,258,000
CAD
Estimated market value
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