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New4 days ago

86 Newbury Drive

Bristol-London, Newmarket

$699,000

Semi-Detached |Bungalow
3 | 2 | 4
About this home

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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agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeSemi-Detached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,924
Lot Size31.5 ft x 95 ft
mls© NumberN13844990
Listed ByHOMELIFE 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.

Down payment20% · $139,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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