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Bristol-London, Newmarket
$699,000
Beautifully Renovated Home with Basement Apartment & Excellent Income Potential! Welcome to 86 Newbury Drive, Newmarket - a beautifully renovated property offering modern finishes, extensive 2026 upgrades, and excellent rental income potential. The home features a basement apartment, ideal for investors, multi-generational living, or additional income.Extensively upgraded in 2026, including a new driveway, side and rear fencing, backyard sod, and retaining wall. Furnace & A/C replaced in 2024.Ideally located close to Upper Canada Mall, shopping, restaurants, parks, recreation, transit, and Southlake Hospital. Easy access to Highway 404 and GO Transit makes commuting throughout Newmarket and the GTA convenient. A turnkey opportunity offering modern living, valuable upgrades, legal rental potential, and an exceptional location.
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| Type | Semi-Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,924 |
| Lot Size | 31.5 ft x 95 ft |
| mls© Number | N13844990 |
| Listed By | HOMELIFE EXCELSIOR REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,578
- Property tax
- $327
- Heat allowance
- $150
- Housing costs
- $4,055 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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