$1,698,000
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206 Parkview Crescent, Newmarket (central Newmarket), ON L3Y2C8

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8 Beds
4 Baths
- Sq Ft

THE ULTIMATE PEACE OF MIND: RARE TRIPLE-INCOME ASSET | $10, 000/MO GROSS | LEGALIZATION IN PROGRESSF. The Seller provides an Unconditional Guarantee to deliver the property with Two Fully Legalized Basement Suites upon closing. Rare opportunity to acquire a high-yield detached residence in Newmarket's prime Yonge & Davis corridor. This turnkey business generates $120, 000 gross annual income from 3 self-contained units with separate entrances. Crucially, legalization for the two basement units is currently underway, bridging the gap between "unauthorized" and "fully bankable" income-ideal for taking advantage of the stable 2026 interest rate environment. THE PROPERTY has 8 Bedrooms + 3 Kitchens: Fully renovated detached bungalow with 4 spacious bedrooms on the main level. Premium Ravine Lot: Generous 60x121 ft lot backing onto a ravine-ideal for long-term land appreciation. Flexibility: Existing professional tenants can stay for immediate cash flow or leave for owner-occupancy. Mature lot features an in-ground pool (as-is) and direct ravine access. Strategically located minutes from Upper Canada Mall, transit, and top-tier schools. ACQUISITION OPTIONS: Available as a 100% Fee Simple acquisition or a unique 50% Partial Interest (Co-Ownership) for strategic partners seeking a profit-share arrangement. (id:58753)

Listing By: SYRUS FARZAMI - CENTRAL HOME REALTY INC. cncrea2 Realty.com
  • MLS® N13085674
  • Date Listed05/05/2026
  • Days on Realty 34 Days
  • Bedrooms 8
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Appliances Refrigerator, Water meter, Oven, Dryer, Two Washers
  • Flooring Hardwood, Laminate
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Yonge & Davis. ** Directions: Yonge St. & Davis Dr.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3Y2C8

Discover key demographics, population statistics, and environmental insights for the Newmarket (central Newmarket), ON area.

Walkability in ON / L3Y2C8

Source: Walk Score

70/100

Very Walkable

Walk Score ®

49/100

Some Transit

Transit Score ®

58/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

21 nearby routes: 20 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 21/100, Bike Score: 38/100.

Points of Interest near 206 PARKVIEW CRESCENT, Newmarket (Central Newmarket), ON L3Y2C8

Frequently Asked Questions for 206 PARKVIEW CRESCENT

Source: Realty.com

206 PARKVIEW CRESCENT, Newmarket (Central Newmarket), ON L3Y2C8 in Newmarket (Central Newmarket), ON L3Y2C8 is a single family residence listed at $1,698,000. Highlights include 8 bedrooms, 4 bathrooms. Realty.ca has 21 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 21 photos of 206 PARKVIEW CRESCENT.

The full address for this home is 206 PARKVIEW CRESCENT, Newmarket (Central Newmarket), ON L3Y2C8.

206 PARKVIEW CRESCENT has been listed on Realty.com since Tue May 05, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 36/100, Transit Score: 21/100, Bike Score: 38/100.

Listing provided courtesy of: CENTRAL HOME REALTY INC.
Listing agent: SYRUS FARZAMI

This content last refreshed on 2026-06-08 07:07:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.