206 Parkview Crescent, Newmarket, ON L3Y 2C8
Central Newmarket, Newmarket · Near Yonge St. & Davis Dr. · View map
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 3
- Rooms
- 8
- Basement
- Apartment
- Lot size
- 60 x 121 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Front Yard Parking
Taxes & other
- Property taxes
- $6,206/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Yonge St. & Davis Dr.
- Neighbourhood
- Central Newmarket
More
- Price per sq ft
- ~$719 (at 1,750 sq ft)
- Listed
- Jun 27, 2026 · 107 days ago
- MLS® number
- N13497606
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
206 Parkview Crescent, Newmarket, ON L3Y 2C8
Central Newmarket, Newmarket · Near Yonge St. & Davis Dr.
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Listing history for 206 Parkview Crescent
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 206 Parkview Crescent
Answers come straight from this home’s MLS® listing.
How much is 206 Parkview Crescent listed for, and what would it cost each month?
206 Parkview Crescent is listed for $1,258,000. With 20% down ($251,600), the mortgage payment would be roughly $5,074 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,592 a month, all in. That figure is an illustration, not a quote.
Is 206 Parkview Crescent freehold or a condo, and is there a monthly fee?
206 Parkview Crescent is a bungalow in Central Newmarket, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 206 Parkview Crescent have?
206 Parkview Crescent has 4 bedrooms, plus 4 more bedrooms in the basement, and 4 bathrooms.
Does 206 Parkview Crescent have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 206 Parkview Crescent have a finished basement?
The listing describes the basement as apartment. It counts 4 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 206 Parkview Crescent?
206 Parkview Crescent is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
Does 206 Parkview Crescent have a pool?
Yes. The listing shows inground for the pool. Ask about its age, liner and equipment before you offer, since those are the costly parts to replace.
How big is 206 Parkview Crescent, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 60 x 121 ft.
How is 206 Parkview Crescent heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 206 Parkview Crescent?
Property taxes are $6,206 a year (2025), or about $517 a month.
Where is 206 Parkview Crescent?
206 Parkview Crescent is in the Central Newmarket community of Newmarket. The nearest main intersection is Yonge St. & Davis Dr.. The postal code is L3Y 2C8.
How long has 206 Parkview Crescent been on the market?
206 Parkview Crescent was listed on June 27, 2026. It has been on the market for 107 days. It is an active listing (MLS® N13497606). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 206 Parkview Crescent asking?
Similar bungalow-style homes for sale nearby right now include 49 Don Mor Drive at $988,000 (3+2 bed), 105 Park Avenue at $919,000 (3+1 bed) and 53 Wilstead Drive at $885,000 (3+3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 206 Parkview Crescent sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 206 Parkview Crescent?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Central Newmarket, picked by style, size and price.
Bungalow$919,000105 Park Avenue, Newmarket3+1 bed · 2 bath · Central NewmarketCourtesy of: JDL REALTY INC.View home →
Bungalow$885,00053 Wilstead Drive, Newmarket3+3 bed · 2 bath · Central NewmarketCourtesy of: CENTURY 21 HERITAGE GROUP LTD.View home →Courtesy of: CENTRAL HOME REALTY INC.
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*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.