Detached House for sale at 206 Parkview Crescent, Newmarket, Ontario, L3Y 2C8 - Central Newmarket - MLS: N13497606

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206 Parkview Crescent

Newmarket, Ontario, L3Y 2C8 - Central Newmarket

$1,258,000

Neighbourhood

Central Newmarket
Major Intersection

Yonge St. & Davis Dr.

Listed Since: 39 day(s)
Last update: today

Overview

Property Type

Detached, Bungalow
Bedrooms

4 + 4
Bathrooms

4
Basement

Apartment
Kitchen

1 + 2
Total Parking

4
Lot Size

60x121 (Feet)
Taxes

$6,206.00 (2025)
Type

Freehold

Property Description

Property description for 206 Parkview Crescent, Newmarket

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.

Listed by CENTRAL HOME REALTY INC.

Property details

MLS #

N13497606
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Inground
Drive

Front Yard
Garage

None
Total Parking

4
Family Room

Y
Den

Y
Exterior

Stucco/Plaster
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

N13497606
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

Inground
Drive

Front Yard
Garage

None
Total Parking

4
Family Room

Y
Den

Y
Exterior

Stucco/Plaster
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

6.67 x 6.06 ft Ground level

Large Window, hardwood floor
Dining

3.17 x 3.21 ft Ground level

Hardwood Floor
Family

4.28 x 3.84 ft Ground level

Hardwood Floor
Kitchen

4.67 x 3.18 ft Ground level

Hardwood Floor
Primary

5.33 x 3.46 ft Ground level

Large Closet, hardwood floor
2nd Br

3.97 x 3.64 ft Ground level

Hardwood Floor
3rd Br

3.21 x 2.84 ft Ground level

Hardwood Floor
4th Br

3.89 x 3.21 ft Ground level

Hardwood Floor
Family

3.74 x 3.32 ft Bsmt level

Laminate
Living

6.84 x 3.29 ft Bsmt level

Laminate
Kitchen

3.41 x 1.96 ft Bsmt level

Laminate
Br

4.23 x 3.02 ft Bsmt level

Laminate
2nd Br

5.83 x 3.1 ft Bsmt level

Laminate
3rd Br

4.47 x 2.56 ft Bsmt level

Laminate
4th Br

5.66 x 2.69 ft Bsmt level

Laminate

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 206 Parkview Crescent, Newmarket

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Central Newmarket

Active listings

Average Selling Price of a Detached

June 2026

$1,046,583

Last 3 Months

$1,040,143

Last 12 Months

$951,739

June 2025

$1,147,089

Last 3 Months LY

$1,135,577

Last 12 Months LY

$1,052,178

Change

-9%

Change

-8%

Change

-10%

Historical Average Selling Price of a Detached in Central Newmarket

Average Selling Price

3 years ago

$1,123,714

Average Selling Price

5 years ago

$943,600

Average Selling Price

10 years ago

$694,511

Change

-7%

Change

11%

Change

51%

Number of Detached Sold

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

-33%

Change

14%

Change

33%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

19%

Change

-43%

Change

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.