Caractéristiques principales
- Inscrit par:
- CENTRAL HOME REALTY INC.
Description de la propriété
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.
Pièces
- TypeNiveauDimensionsPlancher
- SalonRez-de-chaussée19' 10.5" x 21' 10.5"Autre
- Salle à mangerRez-de-chaussée10' 6.3" x 10' 4.8"Autre
- Salle familialeRez-de-chaussée12' 7.1" x 14' 5"Autre
- CuisineRez-de-chaussée10' 5.1" x 15' 3.8"Autre
- AutreRez-de-chaussée11' 4.2" x 17' 5.8"Autre
- Chambre à coucherRez-de-chaussée11' 11.3" x 13' 2.9"Autre
- Chambre à coucherRez-de-chaussée9' 3.8" x 10' 6.3"Autre
- Chambre à coucherRez-de-chaussée10' 6.3" x 12' 9.1"Autre
- Salle familialeSous-sol10' 10.7" x 12' 3.2"Autre
- SalonSous-sol10' 9.5" x 22' 5.2"Autre
- CuisineSous-sol6' 5.1" x 11' 2.2"Autre
- Chambre à coucherSous-sol9' 10.8" x 13' 10.5"Autre
- Chambre à coucherSous-sol10' 2" x 19' 1.5"Autre
- Chambre à coucherSous-sol8' 4.7" x 14' 7.9"Autre
- Chambre à coucherSous-sol8' 9.9" x 18' 6.8"Autre
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206 Parkview Cres, Newmarket, Ontario, L3Y 2C8 Canada
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- Capital et intérêts 0
- Impôt foncier 0
- Frais de copropriété 0


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