For SaleDetached · BungalowMLS® #N13497606 · TRREB MLS®
206 Parkview Cres, Newmarket, Ontario
Central Newmarket, Newmarket, Ontario L3Y 2C8
- Bedrooms
- 4+4
- Lot Size
- 60 x 121 ft
- Bathrooms
- 4
- Type
- Detached
- Basement
- Apartment
$1,258,000
Estimated market value
About 206 Parkview Cres
206 Parkview Cres is a 4+4-bedroom, 4-bathroom detached house in Central Newmarket, Newmarket, listed for sale at an asking price of $1,258,000 (MLS® N13497606).
THE ULTIMATE WEALTH-GENERATING ASSET IN CENTRAL NEWMARKET100% FULL VACANT POSSESSION ON CLOSINGWelcome to a premium house and a great asset in Newmarket's prime Yonge & Davis corridor. The property generates about $90,000 rental income annually. Whether you are an institutional investor adding a high-yield vehicle to your portfolio, or a smart homeowner looking to completely eliminate your housing costs via "house-hacking," this property stands entirely in a league of its own.THE LAND VALUE: Sprawling across an oversized, mature 60 ft x 121 ft premium lot, the property backs onto a tranquil ravine. Real estate is about location and land-and a 60-foot ravine lot in the heart of York Region offers massive future appreciation and development protection.THE CONFIGURATION:Main Level: Bright, spacious, updated 4-bedroom layout featuring principal rooms and large windows with the views of the ravine.Lower Level: Two separate, fully self-contained rental suites. Bright, comfortable, and designed to minimize turnover.THE FINANCIAL METRICS: Currently operating at a gross annual yield of approx. $90,000 across three tenancies. For an end-user, this income is large enough to offset your mortgage qualifications, effectively allowing you to occupy a premium detached ravine home in Newmarket completely free while your tenants pay down your principal.THE LOCATION: Unbeatable transit and commercial footprint. Walk to Upper Canada Mall, immediate access to the Yonge St & Davis Dr transit corridors, minutes to the Newmarket GO Station, Southlake Health Centre, major stores, plazas, supermarkets and top-tier neighborhood schools.CHOOSE YOUR CLOSING: The seller offers ultimate contractual flexibility to suit your profile. Retain the outstanding, low-maintenance good tenants for an uninterrupted stream of revenue from day one, OR receive contractually guaranteed 100% full vacant possession on closing to choose your own market rents or move your extended family right in.
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $6,206 / 2025
- MLS® number
- N13497606
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 60 x 121 ft
- Listed on
- Parking
- None, 4 Parking
Listing history
Buy/sell history for 206 Parkview Cres, Newmarket, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $1,258,000 | — | Pc | N13497606 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Central Newmarket
- Municipality
- Newmarket
Building
- Size
- 1500-2000 sqft
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 4+4
- Bathrooms
- 4
- Bathroom Details
- 2 × 3pc Ground, 2 × 3pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- Front Yard
- Garage Type
- None
- Additional Parking
- 4
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 60 ft
- Depth
- 121 ft
- Lot Size
- 60 x 121 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- Inground
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.06 × 6.67 m | Large Window, hardwood floor | Ground |
| Dining | 3.21 × 3.17 m | Hardwood Floor | Ground |
| Family | 3.84 × 4.28 m | Hardwood Floor | Ground |
| Kitchen | 3.18 × 4.67 m | Hardwood Floor | Ground |
| Primary | 3.46 × 5.33 m | Large Closet, hardwood floor | Ground |
| 2nd Br | 3.64 × 3.97 m | Hardwood Floor | Ground |
| 3rd Br | 2.84 × 3.21 m | Hardwood Floor | Ground |
| 4th Br | 3.21 × 3.89 m | Hardwood Floor | Ground |
| Family | 3.32 × 3.74 m | Laminate | Bsmt |
| Living | 3.29 × 6.84 m | Laminate | Bsmt |
| Kitchen | 1.96 × 3.41 m | Laminate | Bsmt |
| Br | 3.02 × 4.23 m | Laminate | Bsmt |
| 2nd Br | 3.1 × 5.83 m | Laminate | Bsmt |
| 3rd Br | 2.56 × 4.47 m | Laminate | Bsmt |
| 4th Br | 2.69 × 5.66 m | Laminate | Bsmt |
Map and tour
Detached homes for sale in Central Newmarket right now
- For sale now
- 35
- Median asking price
- $999K
Middle half: $850K to $1.22M
This home is asking 26% above the median, higher than three quarters of them.
See all homes in Central NewmarketAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $21,635
- Total land transfer tax
- $21,635
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $17,635
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,258,000
- $17,160
- Ontario total
- $21,635
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
- Nearest airport: 4.1 km4.1 km
Province of Ontario open data
Around the home1
- A trail or path within 1 km1 km
Provincial and municipal trail maps
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is G.F. THOMPSON COMPANY LIMITED, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Newmarket-Tay Power Distribution Ltd.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, RuralNet, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Lake Simcoe Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| J L R Bell Public SchoolYork Region DSB | Public · grades JK–5 | 350 m | 54%Grade 3 average |
| Stuart Scott Public SchoolYork Region DSB | Public · grades JK–8 | 750 m | 65%Grade 6 average |
| Canadian Martyrs Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 1.2 km | 81%Grade 6 average |
| ÉÉC Saint-JeanConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.3 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dr John M Denison Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.8 km | 47%Grade 9 math |
| Huron Heights Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.3 km | 46%Grade 9 math |
| Sacred Heart Catholic High SchoolYork CDSB | Catholic · grades 9–12 | 2.4 km | 62%Grade 9 math |
| Sir William Mulock Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.5 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Davis Dr / Longford Dr | YRT bus rapid transit: Viva Yellow | 400 m |
| Yonge / Davis | YRT bus rapid transit: Viva Blue | 800 m |
| Davis Dr / Main St | YRT bus rapid transit: Viva Yellow | 1 km |
| Yonge St / Eagle St | YRT bus rapid transit: Viva Blue | 1.1 km |
| Newmarket GO | GO Transit train: Barrie | 1.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Lot
- Lot area
- 7,260 sq ft674 m²
- Street frontage
- 60 ft18.3 m
- Depth
- 121 ft36.9 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $251,600
- Total mortgage amount
- $1,006,400
- Total interest payment
- $715,600
- Total purchase cost
- $1,973,600
- Mortgage payment
- $5,740/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$6,257- Rent $0
- Shortfall $6,257
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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Sold prices in Central Newmarket are shown to signed-in members.