56 Millard Avenue, Newmarket, ON L3Y 1Y8
$1,080,000
$1,080,000

56 Millard Avenue

Central Newmarket, Newmarket, York $1,080,000

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9 Beds
3 Baths
1100-1500 sqft
Parking for 6
South Facing
MLS®#:
N12996086
Property Type:
Detached
Property Style:
Bungalow-Raised
Area:
York
Community:
Central Newmarket
Taxes:
$4,556 / 2026
Added:
April 14 2026
Lot Frontage:
60
Lot Depth:
125
Status:
Active
Outside:
Stucco (Plaster)
Year Built:
Basement:
Apartment,Separate Entrance,Finished,Walk-Up
Brokerage:
LSG REALTY INC.
Lot :

125

60

Intersection:
Yonge Street & Davis Drive
Rooms:
Bedrooms:
9
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Kitchen 0
Laminate , Backsplash , W/O To Yard
Main Level
Living Room 0
Laminate , Combined w/Kitchen , Large Window
Main Level
Primary Bedroom 0
Laminate , Closet
Main Level
Bedroom 2 0
Laminate
Main Level
Bedroom 3 0
Laminate
Main Level
Living Room 0
Laminate , Combined w/Kitchen
Basement Level
Kitchen 0
Laminate , Combined w/Living
Basement Level
Bedroom 4 0
Laminate
Basement Level
Bedroom 5 0
Laminate
Basement Level
Bedroom 4 0

Main Level

Listing Details

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.

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,

Insights

  1. Strong Income Potential: This property offers the opportunity to operate as two separate rental units, including a legal basement apartment, making it an exceptional investment for generating multiple income streams.
  2. Spacious and Versatile Layout: With 9 bedrooms and 3 bathrooms, the spacious raised bungalow is ideal for families or investors looking to maximize rental configurations, providing flexibility for various living arrangements.
  3. Prime Location: Situated in Central Newmarket, the property is conveniently located near Yonge Street, Upper Canada Mall, schools, parks, and transit, enhancing its appeal for both renters and future resale value.

Sale/Lease History of 56 Millard Avenue

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Neighborhood Overview

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Central Newmarket home prices

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Insights for 56 Millard Avenue

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)