874 Sparrow Road

Newmarket, ONDetached
$1,049,900
MLS® N13552240
Detached5 beds2 baths6 total
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About This Property

Attention Investors & Savvy Homebuyers! Incredible turnkey income property showcasing approx. 2,800 sq ft of total finished living space. This exceptionally well-maintained home features an ideal layout with excellent, stable tenants already in place generating gross rental income of $4,500/month (Upstairs: $2,600, Lower: $1,900). The bright and spacious principal residence features an updated kitchen (2016), neutral decor, and vinyl windows. The lower level boasts a fantastic basement apartment with a separate kitchen (2016). Enjoy peace of mind with extensive big-ticket upgrades: Brand New Deck, A/C (2022), Furnace (2019), and Shingles replaced 8 years ago. A rare, high-yield asset in a prime location. Nothing to do but collect rent! (id:63604)

Key Facts

Type
Detached
Beds
5
Baths
2
Size
1,500 sqft
Lot
50 x 110 FT
Parking
6 total

Highlights

  • Washer
  • Dishwasher
  • Dryer
  • Two stoves
  • Window Coverings
  • Garage door opener remote(s)
  • Two Refrigerators
Property Details 16 details
Bedrooms
5 bedrooms
4 above grade + 1 below grade
Bathrooms
2 bathrooms
Parking
6 parking spaces
Attached Garage · Garage
Living area
1,500 - 2,000 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Basement
Finished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
50 x 110 FT
Frontage
50 feet
Taxes
$5,466.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherDishwasherDryerTwo stovesWindow CoveringsGarage door opener remote(s)Two RefrigeratorsHardwoodLaminateCeramicLinoleum

Exterior features

BrickAluminum sidingConcreteFenced yard

Systems and association

SewerElectricityCable
Rooms 11 rooms
Level
Room
Dimensions
Main level
Dining room
4.69 m x 3.99 m
Basement
Utility room
6.8 m x 4.21 m
Main level
Living room
3.99 m x 2.96 m
Main level
Kitchen
5.73 m x 3.05 m
Upper Level
Primary Bedroom
4.42 m x 3.35 m
Upper Level
Bedroom 2
3.84 m x 2.84 m
Upper Level
Bedroom 3
3.23 m x 2.77 m
In between
Bedroom 4
3.66 m x 2.78 m
In between
Family room
6.65 m x 3.69 m
Lower level
Laundry room
2.89 m x 2.89 m
Lower level
Recreational, Games room
7.35 m x 6.34 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$1,049,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Gorham-College Manor
City
Newmarket
Postal code
L3Y 5P9
Nearby
Gorham/Alexander