All photos · 28
56 Millard Avenue, Newmarket, ON L3Y 1Y8
$1,080,000
Beds
9
Baths
3
Type
Freehold
About this home
Exceptional income-generating opportunity in the heart of Newmarket! Spacious raised bungalow offering the potential to operate as two separate rental units as well as a legal basement, making it an outstanding investment property or ideal for buyers looking to live in one unit while generating strong rental income from the others. The main level features 4 bright bedrooms, an open-concept living and dining area, and a modern kitchen with walk-out to a private deck. The fully finished lower level includes a self-contained 2-bedroom apartment with separate entrance and private laundry, with layout flexibility that allows for multiple rental configurations. Fully renovated from top to bottom, inside and out, this property is move-in ready and perfectly suited for investors seeking multiple income streams. Located in a prime Newmarket location just minutes from Yonge Street, Upper Canada Mall, schools, parks, transit, and major highways. A rare opportunity to own a versatile property with excellent cash flow potential.
Interior
- · Carpet Free
- · Water Heater
Heating
- · Forced Air
Cooling
- · Central Air
Parking
- · Available
Basement
- · Apartment
- · Separate Entrance
- · Finished
- · Walk-Up
Room by room
Kitchen
Living Room
Primary Bedroom
Bedroom 2
Bedroom 3
Living Room
Kitchen
Bedroom 4
Bedroom 5
Bedroom 4
What it could cost monthly
Estimated monthly
$4,946
Principal & interest, per month
- Mortgage amount
- $864,000
- Down payment
- $216,000
- Total interest paid
- $619,714
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
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
LSG REALTY INC.
Each office independently owned and operated.