874 Sparrow Road, Newmarket, ON L3Y 5P9
Gorham-College Manor, Newmarket · Near Gorham/Alexander · View map
About this home
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!
The home
- Type
- Backsplit
- Style
- Backsplit 5
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 8
- Basement
- Finished
- Lot size
- 50 x 110 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $5,466/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Gorham/Alexander
- Neighbourhood
- Gorham-College Manor
More
- Price per sq ft
- ~$600 (at 1,750 sq ft)
- Listed
- Jul 10, 2026 · 94 days ago
- MLS® number
- N13552240
No matching details. Ask Will instead
The home and its surroundings
- Auto Garage Door Remote
- Fenced Yard
- Hospital
- Place Of Worship
- Public Transit
- School
- 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.
874 Sparrow Road, Newmarket, ON L3Y 5P9
Gorham-College Manor, Newmarket · Near Gorham/Alexander
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 874 Sparrow Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 874 Sparrow Road
Answers come straight from this home’s MLS® listing.
How much is 874 Sparrow Road listed for, and what would it cost each month?
874 Sparrow Road is listed for $1,049,900. With 20% down ($209,980), the mortgage payment would be roughly $4,235 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,691 a month, all in. That figure is an illustration, not a quote.
Is 874 Sparrow Road freehold or a condo, and is there a monthly fee?
874 Sparrow Road is a backsplit in Gorham-College Manor, 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 874 Sparrow Road have?
874 Sparrow Road has 4 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as backsplit 5.
Does 874 Sparrow Road have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 874 Sparrow Road have a finished basement?
The listing describes the basement as finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 874 Sparrow Road?
874 Sparrow Road is a backsplit. A backsplit has its levels staggered front to back: from the street it looks like a bungalow, with extra levels at the rear.
How big is 874 Sparrow Road, 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 50 x 110 ft.
How is 874 Sparrow Road heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 874 Sparrow Road?
Property taxes are $5,466 a year (2025), or about $456 a month.
Where is 874 Sparrow Road?
874 Sparrow Road is in the Gorham-College Manor community of Newmarket. The nearest main intersection is Gorham/Alexander. The postal code is L3Y 5P9.
How long has 874 Sparrow Road been on the market?
874 Sparrow Road was listed on July 10, 2026. It has been on the market for 94 days. It is an active listing (MLS® N13552240). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 874 Sparrow Road asking?
Similar bungalow-style homes for sale nearby right now include 813 Grace Street at $999,000 (4 bed), 315 Roywood Crescent at $999,000 (4+1 bed) and 44 Rutledge Avenue at $1,038,000 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 874 Sparrow Road 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 874 Sparrow Road?
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 Gorham-College Manor, picked by style, size and price.
Backsplit$999,000813 Grace Street, Newmarket4 bed · 2 bath · Gorham-College ManorCourtesy of: KELLER WILLIAMS REALTY CENTRESView home →
Backsplit$999,000315 Roywood Crescent, Newmarket4+1 bed · 3 bath · Central NewmarketCourtesy of: RIGHT AT HOME REALTYView home →
Backsplit$1,038,00044 Rutledge Avenue, Newmarket3+2 bed · 3 bath · Huron Heights-Leslie ValleyCourtesy of: HOMELIFE FRONTIER REALTY INC.View home →Courtesy of: HOMELIFE LANDMARK REALTY INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.