Tuesday, May 12th, 2026

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$774,000
Available - For Sale
Listing ID: N13110826
Skip the major renos, permits, and tenant search! This is a turnkey legal 2-unit property (listed on the Town of Newmarket's registry) in a mature, transit-friendly neighbourhood. Upper unit consist of 3 bedrooms and 1 bath, lower unit, 2 bedrooms and 1 bath- both units were beautifully renovated in 2021 with modern finishes and highly functional layouts! The property is currently leased as a single unit at a strong market rate, generating nearly $50,000 in Gross Rental Income with an exceptional Net Operating Income (NOI). Occupied by a responsible professional tenant and family that have expressed a strong desire to remain in place, this asset provides a new owner with immediate, built-in income and the future flexibility of its legalized two-unit zoning. This is a fantastic opportunity for an investor seeking an income-producing asset where the updates and legal status are already secured. Newmarket offers a complete lifestyle with access to major amenities, including Upper Canada Mall, Costco, and Southlake Regional Health Centre. The area is well-connected for easy travel throughout the GTA with quick access to Highway 404 and within walking distance to Viva Transit and the GO station, making commuting convenient and reliable.. Pictures were taken prior to the existing tenants. Photos virtually staged.
Price $774,000
Taxes: $4,012.42
Assessment Year: 2025
Occupancy by: Tenant
Address: 37 Newbury Drive , Newmarket, L3Y 4P9, York
Directions/Cross Streets: Yonge Street and Davis Drive
Rooms: 6
Rooms +: 4
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 4 Basement
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Semi-Detached
Style: Bungalow-Raised
Exterior: Brick
Stone
Garage Type: Carport
(Parking/)Drive: Private Do
Drive Parking Spaces: 3
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Fence - Full
Approximatly Square Footage: 700-1100
Property Features: Greenbelt/Co
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-ADMIRAL REALTY INC.

37 Newbury Drive , Newmarket, L3Y 4P9, York

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Semi-Detached
Area: York
Municipality: Newmarket
Neighbourhood: Bristol-London
Style: Bungalow-Raised
Lot Size: x 97.00(Feet)
Approximate Age:
Tax: $4,012.42
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Listing added to compare list, click here  to view comparison chart.
Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com