$1,258,000
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206 Parkview Crescent, Newmarket (central Newmarket), ON L3Y2C8

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8 Beds
4 Baths
- Sq Ft

THE ULTIMATE 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. (id:58753)

Listing By: SYRUS FARZAMI - CENTRAL HOME REALTY INC.
Source: CREA #N13497606 Listing provided courtesy of Canadian Real Estate Association
  • MLS® N13497606
  • Date Listed06/27/2026
  • Days on Realty 97 Days
  • Bedrooms 8
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Appliances Water meter
  • 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 St. & Davis Dr. ** Directions: Yonge St. and 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: 35/100, Transit Score: 21/100, Bike Score: 37/100.

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 $1,258,000. Highlights include 8 bedrooms, 4 bathrooms. Realty.ca has 23 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 23 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 Sat June 27, 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: 35/100, Transit Score: 21/100, Bike Score: 37/100.

This content last refreshed on 2026-10-02 05:31:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.