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874 Sparrow Road, Newmarket, ON L3Y 5P9

Gorham-College Manor · Newmarket · ON · L3Y 5P9

$1,088,000
$725/sqft
5 beds2 baths1,500–2,000 sqft6 parkingDetached

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874 Sparrow Road, Newmarket, ON L3Y 5P9Request a viewing

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!

Property Type
Detached
Style
Backsplit 5
Bedrooms
5
Bathrooms
2
Square Feet
1,500–2,000
Year Built
Parking
6
Basement
Finished
Taxes
$5,466/yr
Market insight: Homes in Gorham-College Manor have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →