$1,049,900 $5,636 est/mo Sourced by Back At You
874 Sparrow Road,Newmarket, ON L3Y 5P9
Newmarket, ON L3Y 5P9
Description
Attention Investors & Savvy Homebuyers! Incredible turnkey income property showcasing approx. 2,800 sq ft of total finished living space. This exceptionally well-maintained home features an ideal layout with excellent, stable tenants already in place generating gross rental income of $4,500/month (Upstairs: $2,600, Lower: $1,900). The bright and spacious principal residence features an updated kitchen (2016), neutral decor, and vinyl windows. The lower level boasts a fantastic basement apartment with a separate kitchen (2016). Enjoy peace of mind with extensive big-ticket upgrades: Brand New Deck, A/C (2022), Furnace (2019), and Shingles replaced 8 years ago. A rare, high-yield asset in a prime location. Nothing to do but collect rent!
Details
| MLS # | N13552240 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 60 |
| Listing Provided By | HOMELIFE LANDMARK REALTY INC. | N13552240 063000 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 5 |
| Acreage | 0.13 |
Interior
| Interior Features | Auto Garage Door Remote |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
| Rooms Total | 10 |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Aluminum Siding, Brick |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 5466 |
|---|---|
| Tax Legal Description | Lot 51 Plan M52;S/T Lt 11723 Town Of Newmarket |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | York |
| City | Newmarket |
| Postal Code | L3Y 5P9 |
| Area | Gorham College Manor |
| Listing VS Median (in L3Y 5P9) | |
Price: $1,049,900 low | high Med: $0 On site: 60 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | York |
| City | Newmarket |
| Postal Code | L3Y 5P9 |
| Area | Gorham College Manor |
| Listing VS Median (in L3Y 5P9) | |
Price: $1,049,900 low | high Med: $0 On site: 60 low | high Med: | |
Nearby Listings (Within 1/4 mile)
Price: $787K - $1.312M
sqft: 0 - 0
Listing Updated: July 30, 2026 at 1:03:26 PM PDT