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PREMIER REVENUE ASSET - 100% OR 50% EQUITY STAKE AVAILABLE - $120K GROSS/YR Investment Opportunity: Rarely does an asset of this caliber reach the market. Strategically positioned in the Yonge & Davis corridor of Newmarket, this detached residence is a turn-key, high-yield business producing around $10,000/month in gross rental income. Fully Renovated Detached Bungalow- Turnkey Investment opportunity! This beautifully upgraded home is a rare find offering 3 self-contained units with 3 separate entrances. Two basement units are in the process of legalization. ideal for investors or multi-generational families! Situated on a generous 60x121 ft lot, backing onto a Ravine. The property is tenanted and offers immediate cash flow with significant long-term land appreciation. The tenants can stay or go. The main level features 4 spacious bedrooms, a bright living room with large picture windows, and a stunning family room with skylight that fills the space with natural light. The basement offers 2 separate units, each with 2 bedrooms and private entrances- perfect for strong rental income. The Property has 8 Bedrooms + 3 Kitchens. Mature lot with in-ground pool and direct ravine access. Ideal for future "Missing Middle" development or a luxury custom rebuild. Flexible Acquisition Structures: The Seller is offering two distinct exit strategies to accommodate different investor profiles: 100% Fee Simple Acquisition: Full ownership of the land and income stream. 50% Partial Interest (Co-Ownership): Purchase a 50% equity stake in the property. Ideal for investors seeking a "Profit Share" arrangement. Property located just minutes walk to Yonge Street, Davis Drive, and Upper Canada Mall, with easy access to transit, schools, parks, and shopping. This is more than a home
| Family Room | 3.74 × 3.32 m | Laminate |
| Living Room | 6.84 × 3.29 m | Laminate |
| Kitchen | 3.41 × 1.96 m | Laminate |
| Bedroom | 4.23 × 3.02 m | Laminate |
| Bedroom 2 | 5.83 × 3.10 m | Laminate |
| Bedroom 3 | 4.47 × 2.56 m | Laminate |
| Bedroom 4 | 5.66 × 2.69 m | Laminate |
| Living Room | 6.67 × 6.06 m | Large Window Hardwood Floor |
| Dining Room | 3.17 × 3.21 m | Hardwood Floor |
| Family Room | 4.28 × 3.84 m | Hardwood Floor |
| Kitchen | 4.67 × 3.18 m | Hardwood Floor |
| Primary Bedroom | 5.33 × 3.46 m | Large Closet Hardwood Floor |
| Bedroom 2 | 3.97 × 3.64 m | Hardwood Floor |
| Bedroom 3 | 3.21 × 2.84 m | Hardwood Floor |
| Bedroom 4 | 3.89 × 3.21 m | Hardwood Floor |
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in Newmarket. Data updates daily.
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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 information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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