Active Detached For Sale 68 DOM · sitting
$1,080,000
MLS® N12996086

56 Millard Avenue, Newmarket, ON L3Y 1Y8

Newmarket · Central Newmarket · L3Y 1Y8
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Five-bedroom raised bungalow with legal basement and dual-unit rental potential—$1.08M asking hits market value for Newmarket's investment-grade stock.
5+4
Beds
3
Baths
1100-1500
Sqft
6
Parking

About this home

Exceptional income-generating opportunity in the heart of Newmarket! Spacious raised bungalow offering the potential to operate as two separate rental units as well as a legal basement, making it an outstanding investment property or ideal for buyers looking to live in one unit while generating strong rental income from the others. The main level features 4 bright bedrooms, an open-concept living and dining area, and a modern kitchen with walk-out to a private deck. The fully finished lower level includes a self-contained 2-bedroom apartment with separate entrance and private laundry, with layout flexibility that allows for multiple rental configurations. Fully renovated from top to bottom, inside and out, this property is move-in ready and perfectly suited for investors seeking multiple income streams. Located in a prime Newmarket location just minutes from Yonge Street, Upper Canada Mall, schools, parks, transit, and major highways. A rare opportunity to own a versatile property with excellent cash flow potential.

📋 Property summary 8 details
Property Type
Detached
Style
['Bungalow-Raised']
Square Footage
1100-1500
Days on Market
68 days
Annual Taxes
$4,556
Lot Size
60.0' × 125.0'
Community
Central Newmarket
Parking
6.0 spaces
🏠 Interior 2 features
Basement
Apartment, Separate Entrance, Finished, Walk-Up
Interior features
Carpet FreeWater Heater
🧱 Building & exterior
Foundation
Concrete
Exterior
Stucco (Plaster)
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
Sewer
['Sewer']
📐 Rooms & dimensions 10 rooms · 2 levels
Main
Living Room
Primary Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Kitchen
Basement
Living Room
Kitchen
Bedroom 4
Bedroom 5
🌳 Lot & land
Frontage
60.0 ft
Depth
125.0 ft
📦 Inclusions & exclusions
Included with sale

6 parking spot, new asphalt driveway, water proofed entire basement, 2 stage heating and cooling system for each unit, tankless water heater, stainless steel appliances,

Excluded from sale

N/A

📃 Listing details
MLS® Number
N12996086
Days on Market
68 days
Possession
90+ days
Listing Brokerage
LSG REALTY INC.

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

Recent comparable sales

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Location

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About Newmarket

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$1,080,000
56 Millard Avenue, Newmarket, ON L3Y 1Y8
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 56 Millard Avenue, Newmarke... is priced fairly, over, or under.

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