Listed by Central Home Realty Inc..

206 Parkview Crescent is a Detached, Bungalow and is currently for Sale @ $1,698,000. Taxes in 2025 were $6,206.00.

More homes for sale under 1.7M in Newmarket

PREMIER REVENUE ASSET - 100% OR 50% EQUITY STAKE AVAILABLE - $120K GROSS/YR Investment Opportunity: Rarely does an asset of this caliber reach the market. The Bungalow on 206 Parkview Crescent has 4 bedrooms, 4 bathrooms, and is located on a 121 x 60 ft loton < .50 acres in the community of Central Newmarket . Strategically positioned in the Yonge & Davis corridor of Newmarket, this detached residence is a turn-key, high-yield business producing around $10,000/month in gross rental income. Fully Renovated Detached Bungalow- Turnkey Investment opportunity! This beautifully upgraded home is a rare find offering 3 self-contained units with 3 separate entrances. Two basement units are in the process of legalization. ideal for investors or multi-generational families! Situated on a generous 60x121 ft lot, backing onto a Ravine. The property is tenanted and offers immediate cash flow with significant long-term land appreciation. The tenants can stay or go. The main level features 4 spacious bedrooms, a bright living room with large picture windows, and a stunning family room with skylight that fills the space with natural light. The basement offers 2 separate units, each with 2 bedrooms and private entrances- perfect for strong rental income. The Property has 8 Bedrooms + 3 Kitchens. Mature lot with in-ground pool and direct ravine access. Ideal for future "Missing Middle" development or a luxury custom rebuild. Flexible Acquisition Structures: The Seller is offering two distinct exit strategies to accommodate different investor profiles: 100% Fee Simple Acquisition: Full ownership of the land and income stream. 50% Partial Interest (Co-Ownership): Purchase a 50% equity stake in the property. Ideal for investors seeking a "Profit Share" arrangement. Terms of the Joint Venture/Co-ownership Agreement are available upon request. Financial Highlights: Annual Gross Income: $120,000 Pro-Forma Cap Rate: ~5.1%. Property located just minutes walk to Yonge Street, Davis Drive, and Upper Canada Mall, with easy access to transit, schools, parks, and shopping. This is more than a home

Three Fridges, Three Ovens, Two Washers, Two Dryers.

The address 206 Parkview Crescent was listed for sale (MLS# N13085674) on Monday, May 04, 2026.