Salehian.com 647-325-5000

206 Parkview Crescent

Central Newmarket, Newmarket, L3Y 2C8

$1,258,000

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  • 4+4 bedrooms
  • 4 bathrooms
  • 4 parking
  • 1500-2000 sq ft

Listed 115 days ago · MLS® N13497606

About this home

THE ULTIMATE WEALTH-GENERATING ASSET IN CENTRAL NEWMARKET100% FULL VACANT POSSESSION ON CLOSINGWelcome to a premium house and a great asset in Newmarket's prime Yonge & Davis corridor. The property generates about $90,000 rental income annually. Whether you are an institutional investor adding a high-yield vehicle to your portfolio, or a smart homeowner looking to completely eliminate your housing costs via "house-hacking," this property stands entirely in a league of its own.THE LAND VALUE: Sprawling across an oversized, mature 60 ft x 121 ft premium lot, the property backs onto a tranquil ravine. Real estate is about location and land-and a 60-foot ravine lot in the heart of York Region offers massive future appreciation and development protection.THE CONFIGURATION:Main Level: Bright, spacious, updated 4-bedroom layout featuring principal rooms and large windows with the views of the ravine.Lower Level: Two separate, fully self-contained rental suites. Bright, comfortable, and designed to minimize turnover.THE FINANCIAL METRICS: Currently operating at a gross annual yield of approx. $90,000 across three tenancies. For an end-user, this income is large enough to offset your mortgage qualifications, effectively allowing you to occupy a premium detached ravine home in Newmarket completely free while your tenants pay down your principal.THE LOCATION: Unbeatable transit and commercial footprint. Walk to Upper Canada Mall, immediate access to the Yonge St & Davis Dr transit corridors, minutes to the Newmarket GO Station, Southlake Health Centre, major stores, plazas, supermarkets and top-tier neighborhood schools.CHOOSE YOUR CLOSING: The seller offers ultimate contractual flexibility to suit your profile. Retain the outstanding, low-maintenance good tenants for an uninterrupted stream of revenue from day one, OR receive contractually guaranteed 100% full vacant possession on closing to choose your own market rents or move your extended family right in.

Details

Type
Detached
Style
Bungalow
Size
1500-2000 sq ft
Lot
60 × 121 ft
Basement
Apartment
Garage
None
Kitchens
3
Property tax
$6,206 (2025)
Neighbourhood
Central Newmarket
Municipality
Newmarket
Price per sq ft
$719 (about the same as detached houses in Central Newmarket)

Interior

Bedrooms
4 above ground + 4 below
Bathrooms
2 × 3-piece (ground), 2 × 3-piece (basement)
Kitchens
3 (2 below ground)
Rooms
8 above ground + 8 below
Family room or den
Yes
Fireplace
Yes

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
South
Pool
Inground

Parking

Total parking
4
Driveway and parking
Front Yard Parking

Lot

Size
60 × 121 ft
Acreage
< .50

More

Possession
TBA
Cross street
Yonge St. & Davis Dr.

Rooms

RoomLevelSizeFeatures
Living RoomGround6.67 × 6.06 m (21'11" × 19'11")Large Window, Hardwood Floor
Dining RoomGround3.17 × 3.21 m (10'5" × 10'6")Hardwood Floor
Family RoomGround4.28 × 3.84 m (14'1" × 12'7")Hardwood Floor
KitchenGround4.67 × 3.18 m (15'4" × 10'5")Hardwood Floor
Primary BedroomGround5.33 × 3.46 m (17'6" × 11'4")Large Closet, Hardwood Floor
Bedroom 2Ground3.97 × 3.64 m (13' × 11'11")Hardwood Floor
Bedroom 3Ground3.21 × 2.84 m (10'6" × 9'4")Hardwood Floor
Bedroom 4Ground3.89 × 3.21 m (12'9" × 10'6")Hardwood Floor
Family RoomBasement3.74 × 3.32 m (12'3" × 10'11")Laminate
Living RoomBasement6.84 × 3.29 m (22'5" × 10'10")Laminate
KitchenBasement3.41 × 1.96 m (11'2" × 6'5")Laminate
BedroomBasement4.23 × 3.02 m (13'11" × 9'11")Laminate
Bedroom 2Basement5.83 × 3.1 m (19'2" × 10'2")Laminate
Bedroom 3Basement4.47 × 2.56 m (14'8" × 8'5")Laminate
Bedroom 4Basement5.66 × 2.69 m (18'7" × 8'10")Laminate

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Newmarket GO18 min walk

Within a 10-minute walk: 2 grocery stores, 20 cafés and restaurants, 5 parks, 6 pharmacies. Nearest grocery: Bravo Fresh Foods (550 m). Nearest park: Haskett Park (50 m).

Schools nearby

Elementary

  • J.L.R. Bell Public School
    EQAO: Gr 3 reading 62%, math 31%    6 min walk
  • Stuart Scott Public School
    EQAO: Gr 6 reading 79%, math 33%    12 min walk
  • Maple Leaf Public School
    EQAO: Gr 6 reading 100%, math 45%    13 min walk
  • Rogers Public School
    EQAO: Gr 6 reading 100%, math 76%    15 min walk

Secondary

  • Dr. John M. Denison Secondary School
    EQAO: Gr 9 math 47%, literacy test 84%    1.9 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3Y

Owners / renters
68% / 32%
Median household income
$93,000
Average age
44
Children under 15
14%
Homes
56% detached, 8% high-rise
Commute by transit
4%
Population
43,556

Languages spoken most at home besides English: Iranian Persian 3.2%, Mandarin 1.6%, Russian 1.2%, Yue (Cantonese) 0.9%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 46 km. Transit times · Driving times

Coming transit

  • 🚧 Mulock GO (Future) GO Transit1.9 km · planned

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CENTRAL HOME REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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