874 Sparrow Road Newmarket, Ontario L3Y 5P9
$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! (id:56248)
Property Details
| MLS® Number | N13552240 |
| Property Type | Single Family |
| Neigbourhood | Gorham |
| Community Name | Gorham-College Manor |
| Amenities Near By | Hospital, Place Of Worship, Public Transit, Schools |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Appliances | Garage Door Opener Remote(s), Dishwasher, Dryer, Two Stoves, Washer, Window Coverings, Two Refrigerators |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Construction Style Split Level | Backsplit |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Fireplace Present | Yes |
| Flooring Type | Laminate, Ceramic, Hardwood, Linoleum |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 110 Ft |
| Size Total Text | 50 X 110 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Utility Room | 6.8 m | 4.21 m | 6.8 m x 4.21 m |
| Lower Level | Laundry Room | 2.89 m | 2.89 m | 2.89 m x 2.89 m |
| Lower Level | Recreational, Games Room | 7.35 m | 6.34 m | 7.35 m x 6.34 m |
| Main Level | Dining Room | 4.69 m | 3.99 m | 4.69 m x 3.99 m |
| Main Level | Living Room | 3.99 m | 2.96 m | 3.99 m x 2.96 m |
| Main Level | Kitchen | 5.73 m | 3.05 m | 5.73 m x 3.05 m |
| Upper Level | Primary Bedroom | 4.42 m | 3.35 m | 4.42 m x 3.35 m |
| Upper Level | Bedroom 2 | 3.84 m | 2.84 m | 3.84 m x 2.84 m |
| Upper Level | Bedroom 3 | 3.23 m | 2.77 m | 3.23 m x 2.77 m |
| In Between | Bedroom 4 | 3.66 m | 2.78 m | 3.66 m x 2.78 m |
| In Between | Family Room | 6.65 m | 3.69 m | 6.65 m x 3.69 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Interested?
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July 12 2026 04:33:39
Toronto Regional Real Estate Board
Homelife Landmark Realty Inc.