Newmarket, ON

206 Parkview Crescent

$1,258,000

Data last updated Nov 1, 2026, 8:00 p.m. ET. By using this site you agree to our Terms of Use.

Detached at 206 Parkview Crescent, Newmarket, ON

206 Parkview Crescent, Newmarket, ON, photo 2

206 Parkview Crescent, Newmarket, ON, photo 3

Property facts

Price: $1,258,000
Type: Detached
Bedrooms: 4
Bathrooms: 4
MLS®: N13497606
Status: active
Brokerage: CENTRAL HOME REALTY INC.

About this home

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.

Location

Search the full MLS®

More details

Property tax: $6,206 (2025)
Days on market: 129
Style: Bungalow
Lot: 60 × 121 Feet
Parking: 4 spaces · None
Basement: Apartment
Heating: Forced Air
Air conditioning: Central Air
Neighbourhood: Central Newmarket
Major intersection: Yonge St. & Davis Dr.

Rooms

Room	Level	Size (m)	Features
Dining Room	Ground	3.17 × 3.21	Hardwood Floor
Family Room	Basement	3.74 × 3.32	Laminate
Kitchen	Ground	4.67 × 3.18	Hardwood Floor
Bedroom 4	Basement	5.66 × 2.69	Laminate
Family Room	Ground	4.28 × 3.84	Hardwood Floor
Primary Bedroom	Ground	5.33 × 3.46	large closet, hardwood floor
Living Room	Ground	6.67 × 6.06	large window, hardwood floor
Bedroom 2	Ground	3.97 × 3.64	Hardwood Floor
Living Room	Basement	6.84 × 3.29	Laminate
Bedroom 4	Ground	3.89 × 3.21	Hardwood Floor
Bedroom 3	Basement	4.47 × 2.56	Laminate
Bedroom 2	Basement	5.83 × 3.1	Laminate
Bedroom 3	Ground	3.21 × 2.84	Hardwood Floor
Bedroom	Basement	4.23 × 3.02	Laminate
Kitchen	Basement	3.41 × 1.96	Laminate

Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.

About Newmarket

Newmarket balances a lively town centre with parks, trails, schools and convenient access across York Region.

Newmarket market, September 2026

Median sold price: $870,000
Avg. days on market: 36
Sale-to-list: 97.2%

55 residential sales. Source: TRREB MLS® data via PropTx. Aggregates only.

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