$774,000
FOR SALE

Semi-Detached Bungalow-Raised

Bedrooms: 5Bathrooms: 2Lot: 32.5 x 97 ft
2025 Taxes: $4,012.42

37 Newbury Dr
Newmarket, ON L3Y 4P9 | Bristol-London | York

Skip the major renos, permits, and tenant search! This is a turnkey legal 2-unit property (listed on the Town of Newmarket's registry) in a mature, transit-friendly neighbourhood. Upper unit consist of 3 bedrooms and 1 bath, lower unit, 2 bedrooms and 1 bath- both units were beautifully renovated in 2021 with modern finishes and highly functional layouts! The property is currently leased as a single unit at a strong market rate, generating nearly $50,000 in Gross Rental Income with an exceptional Net Operating Income (NOI). Occupied by a responsible professional tenant and family that have expressed a strong desire to remain in place, this asset provides a new owner with immediate, built-in income and the future flexibility of its legalized two-unit zoning. This is a fantastic opportunity for an investor seeking an income-producing asset where the updates and legal status are already secured. Newmarket offers a complete lifestyle with access to major amenities, including Upper Canada Mall, Costco, and Southlake Regional Health Centre. The area is well-connected for easy travel throughout the GTA with quick access to Highway 404 and within walking distance to Viva Transit and the GO station, making commuting convenient and reliable.. Pictures were taken prior to the existing tenants. Photos virtually staged.
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Listed By SUTTON GROUP-ADMIRAL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N13110826
Last Updated May 11, 2026
Property Summary
Property Type Semi-Detached

More like this:
PIN 035780454
Legal Description PT LT 113 PL 492 EAST GWILLIMBURY AS IN R700823, S/T R700823, IF ANY ; NEWMARKET
Possession Date Flex Closing
Taxes (2025) $4,012.42
Directions/Cross Streets Yonge Street and Davis Drive
Neighbourhood Bristol-London
Area York
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On North
Special Designations Other
Bedrooms 5
Bathrooms 2
Lot 32.5 x 97 ft
Exterior Brick
Air Conditioning None
Basement Apartment, Separate Entrance
Garage Type Carport
Garage/Park Spaces Y
Parking Spaces 3
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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