206 PARKVIEW CRESCENT

Key facts

• Property type: Single Family
• Structure: House
• Transaction: For Sale
• Price: class="container" id="details-container",399,000
• Bedrooms: 8
• Bathrooms: 4
• Lot size: 60 x 121 FT
• Parking: 4
• Listing key: 29772051

Listing overview

THE ULTIMATE PEACE OF MIND: RARE TRIPLE-INCOME ASSET | class="container" id="details-container"00,000/ YEARLY GROSS | LEGALIZATION OF TWO BASEMENT UNITS IN PROGRESSF. The Seller provides an Unconditional Guarantee to deliver the property with Two Fully Legalized Basement Suites upon closing. Rare opportunity to acquire a high-yield detached residence in Newmarket's prime Yonge & Davis corridor. This turnkey business generates class="container" id="details-container"00,000 gross annual income from 3 self-contained units with separate entrances. Crucially, legalization for the two basement units is currently underway, bridging the gap between "unauthorized" and "fully bankable" income-ideal for taking advantage of the stable 2026 interest rate environment. THE PROPERTY has 8 Bedrooms + 3 Kitchens: Renovated detached bungalow with 4 spacious bedrooms on the main level. Premium Ravine Lot: Generous 60x121 ft lot backing onto a ravine-ideal for long-term land appreci...