986 Srigley Street

Newmarket, ONDetached
$1,750,000
MLS® N13772334
Detached5 beds3 baths4 total
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About This Property

Rare Legal Triplex on an Exceptional 80 x 187 Ft Lot! House hacking at its best. Live in the spacious 3-bedroom main-floor residence while renting out the two self-contained legal1-bedroom walkout units to help offset your mortgage, or take advantage of all three residences as an income-producing property. A rare opportunity to combine homeownership with built-in rental income!Fully renovated, professionally designed and completed as a fully permitted legal triplex, with three completely independent residences, private entrances and no shared interior living spaces.The bright and spacious main-floor residence features 3 bedrooms, open-concept living and dining areas, a gas fireplace, a thoughtfully designed kitchen with sleek cabinetry and stainless-steel appliances, plus a private rear deck overlooking the landscaped backyard.The two legal lower-level residences each feature 1 bedroom, a private walkout entrance,European-style cabinetry, stainless-steel appliances and ensuite laundry, making them ideal for long-term rental income.Thoughtfully converted with enhanced acoustic separation between residences and meticulous attention to quality throughout. Additional features include professionally installed Wifi Infrastructure with dedicated access points and on-site EV charging.Sitting on an exceptionally rare 80 x 187 ft lot, the property also offers tremendous outdoor space and intriguing future potential, including the possibility of exploring a garden suite,subject to municipal approvals and applicable zoning.Ideally located near Historic Main Street, Fairy Lake, Riverwalk Commons, Newmarket GO,Southlake Health, parks, schools, shopping and Highway 404.Live in one. Rent the others. Let your property help pay the mortgage. (id:63604)

Key Facts

Type
Detached
Beds
5
Baths
3
Size
2,000 sqft
Lot
80.1 x 187.6 FT
Parking
4 total

Highlights

  • Window Coverings
Property Details 16 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
3 bathrooms
Parking
4 parking spaces
Other · No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
80.1 x 187.6 FT
Frontage
80.10 feet
Taxes
$5,633.75
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Window CoveringsVinyl

Exterior features

ConcreteBrick
Rooms 14 rooms
Level
Room
Dimensions
Main level
Living room
6.51 m x 7.67 m
Main level
Kitchen
3.14 m x 4.93 m
Main level
Dining room
3.14 m x 4.93 m
Main level
Living room
2.94 m x 2.29 m
Main level
Primary Bedroom
2.93 m x 3.48 m
Main level
Dining room
6.51 m x 7.67 m
Main level
Kitchen
6.51 m x 7.67 m
Main level
Primary Bedroom
2.9 m x 4 m
Main level
Bedroom 2
3.25 m x 4 m
Main level
Bedroom 3
2.65 m x 2.9 m
Main level
Living room
3.99 m x 3.99 m
Main level
Dining room
3.99 m x 3.99 m
Main level
Kitchen
3.99 m x 3.99 m
Main level
Primary Bedroom
2.74 m x 3.03 m

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$1,750,000
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 1Y3
Nearby
Leslie & Srigley