For Sale: 37 Newbury Drive, Newmarket, ON - REW
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$719,000
3 + 2 bd 2 ba 700 - 1100 sf House

37 Newbury DriveNewmarket, ON, L3Y 4P9

Bristol-London
  • 3 + 2 Bed
  • 2 Bath
  • 700 - 1100 Sqft
  • House

About this home

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
Listed by
19 years experience
English, Cantonese, French, Mandarin, Russian, Slovenian, Italian, Spanish, Hebrew, Arabic, Persian, Portuguese
15 Awards
876 Recommendations

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,012
Home facts
Bedrooms
3 + 2
Full Bathrooms
2
Parking Spaces
4
Parking Details
Private Double
Property Type
House
Lot Size
32 ft x 97 ft (3152 ft²)
Depth
97.0
Frontage
32.5
Exterior Finish
Brick, Stone
Heating Type
Forced Air, Gas
Basement Details
Apartment, Separate Entrance
Features
Alarm System, Carbon Monoxide Detectors, Greenbelt/Conservation, Hospital, Library, Place Of Worship, Public Transit, School
Community
Agent details
Primary Agent
Primary Broker
SUTTON GROUP-ADMIRAL REALTY INC.
Secondary Agent
Melanie Mowat
Secondary Broker
SUTTON GROUP-ADMIRAL REALTY INC.
Listing details
Days on REW
17 Days
Property Views
28
MLS® Number
N13170426
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Maple Leaf Public School
  • Public
  • JK - 8
J L R Bell Public School
  • Public
  • JK - 5
Canadian Martyrs Catholic Elementary School
  • Catholic
  • JK - 8
Roger White Academy
  • Private
  • K - 8
Stuart Scott Public School
  • Public
  • JK - 8
Dr John M Denison Secondary School
  • Public
  • 9 - 12
York Academy Rose of Sharon High School
  • Catholic
  • 9 - 12
Rogers Public School
  • Public
  • JK - 8
Poplar Bank Public School
  • Public
  • JK - 8
Denne Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-10.