Bristol-London, Newmarket, L3Y 4P9
Description
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.
Features
- Facing: East
- Bedrooms: 3
- Bathrooms: 2
- Garages:
- Kitchens: 1
Details
- Lot size: 42.75 x 98.00 Feet
- Space: 700-1100
- Tax: $ 3834.00
- N13525108
- Listing contracted with: LPT REALTY
| Room | Size(M) | Description | |
|---|---|---|---|
| Kitchen | 4.40x2.99 | Eat-in Kitchen |
|
| Living Rm | 3.59x3.27 | Combined w/Dining |
|
| Dining Rm | 3.59x3.27 | Combined w/Living |
|
| Primary B | 5.37x2.59 | ||
| 2nd Br | 2.99x2.45 | ||
| 3rd Br | 2.99x2.80 | ||
| Living Rm | 6.30x3.39 | Combined w/Kitchen |
|
| Kitchen | 6.30x3.39 | Combined w/Living |
|
| 4th Br | 3.35x2.49 | ||
| 5th Br | 3.96x2.87 |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 3 pcs | Basement |
|
| 1xBath | 4 pcs | Main |
Property Summary
Located close to the intersection of Davis Dr and Longford Dr and Newbury D, 43 Newbury Dr is a 3+2 bedrooms 2 washrooms Semi-Detached. The property has many nice features including Water Heater, Primary Bedroom - Main and In-Law Suite. Kitchen, Living Room Rm, Dinning Room Rm, Primary B, second bedroom and third bedroom are on the Main floor.Local Area Profile
This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 32% of residents hold a bachelor's degree or higher, while about 20% have a college credential. Most local commuters travel by car, while a smaller share use public transit.
School Information
Elementary Schools
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Home schoolRank: 2473 out of 3022 (Score: 4.3)Distance to school: 0.5 km (~8 min walk)
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French Immersion school
Rank: 2473 out of 3022 (Score: 4.3)Distance to school: 0.5 km (~8 min walk) -
Distance to school: 1.6 km (~28 min walk)
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Rank: 963 out of 3022 (Score: 6.9)Distance to school: 3.3 km (~10 min drive)
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Catholic Gifted program school
Rank: 626 out of 3022 (Score: 7.4)Distance to school: 18.3 km (~55 min drive) Secondary Schools
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Home schoolRank: 291/746 (Score: 6.6) 5 year average: 290/746 (Score: 6.4)Distance to school: 1.2 km (~22 min walk)
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Rank: 48/746 (Score: 8.5) 5 year average: 44/746 (Score: 8.1)Distance to school: 3.4 km (~10 min drive)
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Rank: 219/746 (Score: 7.0) 5 year average: 257/746 (Score: 6.6)Distance to school: 2.2 km (~7 min drive)
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Arts program school
Rank: 219/746 (Score: 7.0) 5 year average: 257/746 (Score: 6.6)Distance to school: 2.2 km (~7 min drive) -
AP program school
Rank: 1/746 (Score: 10.0) 5 year average: 2/746 (Score: 9.3)Distance to school: 7.6 km (~23 min drive) -
Catholic Home school
Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 2.6 km (~8 min drive) -
Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 2.6 km (~8 min drive)
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Rank: 259/746 (Score: 6.8) 5 year average: 195/746 (Score: 7.0)Distance to school: 2.6 km (~8 min drive)
