37 Newbury Drive, Newmarket, ON L3Y 4P9
Newmarket
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 37 Newbury Drive, Newmarket, ON L3Y 4P9
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# N13110826
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
On market since May 11, 2026
37 Newbury Drive, Newmarket, ON L3Y 4P9 is listed for $774,000 CAD.
37 Newbury Drive, Newmarket, ON L3Y 4P9 has 5 bedrooms and 2 bathrooms.
37 Newbury Drive, Newmarket, ON L3Y 4P9 is a Semi-Detached .
37 Newbury Drive, Newmarket, ON L3Y 4P9 is in Newmarket, Ontario.
37 Newbury Drive, Newmarket, ON L3Y 4P9 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 37 Newbury Drive, Newmarket, ON L3Y 4P9 (MLS# N13110826). You can also send a message through the contact form on this site.
