206 Parkview Crescent, Newmarket, ON L3Y 2C8
Assigned school
54% EQAO
J L R Bell Public School
Childcare
6 centres
0.2 km closest
Development
5 shown
Active applications within 800 m
Block profile
77% owners
$116k median
Small-area Census counts are randomly rounded by Statistics Canada.
Explore this address →Property Information
Monthly Cost
Description
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.
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Location
School Catchments
School boundaries and eligibility may change. Confirm school eligibility directly with the school board.
All Newmarket school catchments →Licensed Childcare Nearby
6 licensed centres nearby · closest 214 m
What’s changing nearby
Nearest 5 within 800mProposed and recently approved developments near this home, largest first.
- Development applicationDevelopment application · 2025160m NSubmitted
- Development applicationDevelopment application · 2026180m NWApproved
- Development applicationDevelopment application · 2019280m NUnder review
- Town-initiated OPAOfficial Plan amendment · 2025330m NSubmitted
- Site planSite plan · 2024430m NSubmitted
Approximate distance based on the municipality’s mapped application location.
Source: The Regional Municipality of York open data, adapted by DistrictIQ. York Region Open Data Licence.
Area Checks
Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.
Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.
About Central Newmarket
View Central Newmarket on Market →Who lives here
A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 77%
- Homeowners
- 54%
- Households with kids
- $116,000
- Median income
- 48
- Median age
More about this area
- 2.5
- Avg. household size
- 41%
- University degree
- 22%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35190896). Values are randomly rounded by Statistics Canada for privacy.
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Data sources & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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