Listed by Central Home Realty Inc..

206 Parkview Crescent is a Detached, Bungalow and is currently for Sale @ $1,590,000. Taxes in 2025 were $6,206.00.

More homes for sale under 1.6M in Newmarket

THE ULTIMATE PEACE OF MIND: RARE TRIPLE-INCOME ASSET | $10,000/MO GROSS | LEGALIZATION IN PROGRESSF. The Bungalow on 206 Parkview Crescent has 4 bedrooms, 4 bathrooms, and is located on a 121 x 60 ft lot in the community of Central Newmarket . 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 $120,000 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: Fully 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 appreciation. Flexibility: Existing professional tenants can stay for immediate cash flow or leave for owner-occupancy. Mature lot features an in-ground pool (as-is) and direct ravine access. Strategically located minutes from Upper Canada Mall, transit, and top-tier schools. ACQUISITION OPTIONS: Available as a 100% Fee Simple acquisition or a unique 50% Partial Interest (Co-Ownership) for strategic partners seeking a profit-share arrangement.

Three Fridges, Three Ovens, Two Washers, Two Dryers.

The address 206 Parkview Crescent was listed for sale (MLS# N13145452) on Monday, May 18, 2026.