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874 Sparrow Road
homes for sale · Newmarket · Gorham-College Manor
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$1,049,900

874 Sparrow Road

Gorham-College Manor, Newmarket · MLS® N13552240

526

House · Single Family · 106 days on market

listed by CALVIN LIN, HOMELIFE LANDMARK REALTY INC.

realtor's description

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

type
House, Single Family
bedrooms
5
bathrooms
2
parking
6
property tax
$5,466 / yr
days on market
106
MLS®
N13552240

features

  • Washer
  • Dishwasher
  • Dryer
  • Two stoves
  • Window Coverings
  • Garage door opener remote(s)

monthly cost

$5,030/mo
Mortgage $4,574 · Tax $456

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$4,574/ monthly
loan $839,920
25-year amortization
total interest
$532,374
cash to close
$209,980
down payment; transfer tax and fees not included
total paid
$1,372,294

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Gorham-College Manor, NewmarketGoogle Maps ↗

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listed by
CALVIN LIN
HOMELIFE LANDMARK REALTY INC.
call CALVIN · 905-305-1600
Powered by: REALTOR.ca
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location

Gorham-College Manor, NewmarketGoogle Maps ↗
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Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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