All photos · 25

Central Newmarket

206 Parkview Crescent, Newmarket, ON L3Y 2C8

$1,399,000

Beds

8

Baths

4

Type

Freehold

About this home

RAVINE BUNGALOW WITH EXTRAORDINARY INCOME | VACANT POSSESSION GUARANTEED | Unrivaled opportunity for luxury multi-generational living or a premium house-hacking asset in Newmarket's prime Yonge & Davis corridor. This expansive, beautifully renovated detached bungalow sits on a rare, premium 60 ft x 121 ft lot backing directly onto a lush, private ravine. THE ULTIMATE BUYER PROTECTION: Move in with absolute peace of mind. The Seller contractually guarantees 100% Full Vacant Possession of all units upon closing. No tenant headaches, no inherited leases-just a clean, turn-key transition. THE PROPERTY HIGHLIGHTS: Main Level: Bright, updated 4-bedroom floor plan featuring spacious principle rooms and expansive windows overlooking the ravine. Lower Level: Two bright, fully self-contained basement suites with private entrances-ideal for mortgage health or extended family. The Lot: Mature, deep lot with direct ravine access offering ultimate tranquility and long-term land value. Location: Minutes to Upper Canada Mall, Go Train, Southlake Hospital, and top-tier schools. THE OPPORTUNITY: Live upstairs for free while your pristine basement suites cover your mortgage, or occupy the entire premium asset yourself.

Interior

  • · Other

Heating

  • · Forced Air

Cooling

  • · Central Air

Basement

  • · Apartment

Room by room

Living Room

Ground21'11" × 19'11"

Dining Room

Ground10'6" × 10'5"

Family Room

Ground14'1" × 12'7"

Kitchen

Ground15'4" × 10'5"

Primary Bedroom

Ground17'6" × 11'4"

Bedroom 2

Ground13'0" × 11'11"

Bedroom 3

Ground10'6" × 9'4"

Bedroom 4

Ground12'9" × 10'6"

Family Room

Basement12'3" × 10'11"

Living Room

Basement22'5" × 10'10"

Kitchen

Basement11'2" × 6'5"

Bedroom

Basement13'11" × 9'11"

Bedroom 2

Basement19'2" × 10'2"

Bedroom 3

Basement14'8" × 8'5"

Bedroom 4

Basement18'7" × 8'10"

What it could cost monthly

Estimated monthly

$6,407

Principal & interest, per month


Mortgage amount
$1,119,200
Down payment
$279,800
Total interest paid
$802,759

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

CENTRAL HOME REALTY INC.

Each office independently owned and operated.