$1,088,000
874 Sparrow Rd
Newmarket, ON L3Y 5P9
874 Sparrow Rd, Newmarket — Listed at $1,088,000. 5 bedroom, 2 bathroom Backsplit 5. MLS® N13552240.
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Description
Attention Investors & Savvy Homebuyers! Incredible turnkey income property showcasing approx. 2,800 sq ft of total finished living space. This exceptionally well-maintained home features an ideal layout with excellent, stable tenants already in place generating gross rental income of $4,500/month (Upstairs: $2,600, Lower: $1,900). The bright and spacious principal residence features an updated kitchen (2016), neutral decor, and vinyl windows. The lower level boasts a fantastic basement apartment with a separate kitchen (2016). Enjoy peace of mind with extensive big-ticket upgrades: Brand New Deck, A/C (2022), Furnace (2019), and Shingles replaced 8 years ago. A rare, high-yield asset in a prime location. Nothing to do but collect rent!
Property Details
Your agent: Vick Yogeswaran
REALTOR® · RE/MAX Realtron Realty Inc.
Listing Courtesy of: HOMELIFE LANDMARK REALTY INC.
MLS® #N13552240
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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HouseIndex Take: 874 Sparrow Road
This detached (Backsplit 5) is located in the Gorham-College Manor neighbourhood of Newmarket.
The home offers 5+1 bedrooms, 2 bathrooms.
Features include a finished basement, 6 parking spaces including a 2-car garage, a fireplace.
Additional details: lot dimensions of 50 × 110 feet.
Listed at $1,088,000 CAD with annual property taxes of $5,466 (2025).
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About Newmarket Real Estate
This Detached is located in the Gorham-College Manor community in Newmarket. Newmarket is York Region's northern anchor, offering an award-winning historic Main Street, the Upper Canada Mall, and strong community amenities. The East Gwillimbury GO station expansion is improving transit access. Buyers find good value in newer subdivisions while the downtown core retains small-town charm with restaurants and boutiques. Detached homes in Newmarket are in high demand among families seeking space, privacy, and long-term equity growth.