43 Newbury Dr, Newmarket

新市半独立房

房屋信息

*Why Keep Renting When You Could Own?*Live in the beautifully renovated 3-bedroom upper unit while the legal 2-bedroom lower unit helps offset your monthly carrying costs .Based on current market rents, the lower unit is estimated to generate approximately $2,000 per month. For illustration purposes only, a $600,000 mortgage at TD Bank's posted 5-year variable rate at the time of writing would have an estimated monthly payment of approximately $3,264 per month, demonstrating how rental income could substantially offset the cost of homeownership (see disclaimer below).For investors, the property offers an estimated combined rental potential of approximately $4,800 per month ($2,800 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 lets you move in immediately, choose your own tenants, or lease both units from day one .The bright upper level features three bedrooms, an updated eat-in kitchen, open-concept living and dining areas, oversized windows, and modern finishes throughout. The finished lower level includes its own kitchen, spacious living area, two bedrooms, a full bathroom, separate entrance, and interior access, making it ideal for rental income, extended family, or multi-generational living .Located in an established Newmarket neighbourhood close 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 estimates provided for illustration only and are not guaranteed. Rental values, interest rates, financing terms, carrying costs, and ownership expenses will vary. Buyers should verify all figures through their own due diligence and consult their lender and professional advisors.