874 Sparrow Road

Newmarket (Gorham-College Manor), Ontario L3Y5P9

MLS # N13552240

$1,049,900

Property Details

Type

Detached

Beds

Baths

Status

For Sale

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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!

Mortgage Estimate

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Property taxes: about $456/month based on listed annual taxes.

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Rooms

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