874 Sparrow Road, Newmarket - $1,088,000 | Modern Solution Realty

874 Sparrow Road

874 Sparrow Road, Newmarket

874 Sparrow Road in Newmarket - 5 bedroom, 2 bathroom. Listed at $1,088,000.

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!

Property Details

  • Property Type: Mortgage
  • Style: Backsplit 5
  • Square Footage: 1750 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 6 spaces
  • Property Taxes: $5,466/yr
  • Neighbourhood: Gorham-College Manor
  • Postal Code: L3Y 5P9

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