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986 SRIGLEY STREET, Newmarket (Gorham-College Manor) — listed at $1,750,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare Legal Triplex on an Exceptional 80 x 187 Ft Lot! House hacking at its best. Live in the spacious 3-bedroom main-floor residence while renting out the two self-contained legal1-bedroom walkout units to help offset your mortgage, or take advantage of all three residences as an income-producing property. A rare opportunity to combine homeownership with built-in rental income!Fully renovated, professionally designed and completed as a fully permitted legal triplex, with three completely independent residences, private entrances and no shared interior living spaces.The bright and spacious main-floor residence features 3 bedrooms, open-concept living and dining areas, a gas fireplace, a thoughtfully designed kitchen with sleek cabinetry and stainless-steel appliances, plus a private rear deck overlooking the landscaped backyard.The two legal lower-level residences each feature 1 bedroom, a private walkout entrance,European-style cabinetry, stainless-steel appliances and ensuite laundry, making them ideal for long-term rental income.Thoughtfully converted with enhanced acoustic separation between residences and meticulous attention to quality throughout. Additional features include professionally installed Wifi Infrastructure with dedicated access points and on-site EV charging.Sitting on an exceptionally rare 80 x 187 ft lot, the property also offers tremendous outdoor space and intriguing future potential, including the possibility of exploring a garden suite,subject to municipal approvals and applicable zoning.Ideally located near Historic Main Street, Fairy Lake, Riverwalk Commons, Newmarket GO,Southlake Health, parks, schools, shopping and Highway 404.Live in one. Rent the others. Let your property help pay the mortgage. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.51 x 7.67 meters |
| Kitchen | Main level | 3.14 x 4.93 meters |
| Dining room | Main level | 3.14 x 4.93 meters |
| Living room | Main level | 2.94 x 2.29 meters |
| Primary Bedroom | Main level | 2.93 x 3.48 meters |
| Dining room | Main level | 6.51 x 7.67 meters |
| Kitchen | Main level | 6.51 x 7.67 meters |
| Primary Bedroom | Main level | 2.9 x 4 meters |
| Bedroom 2 | Main level | 3.25 x 4 meters |
| Bedroom 3 | Main level | 2.65 x 2.9 meters |
| Living room | Main level | 3.99 x 3.99 meters |
| Dining room | Main level | 3.99 x 3.99 meters |
| Kitchen | Main level | 3.99 x 3.99 meters |
| Primary Bedroom | Main level | 2.74 x 3.03 meters |
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is 986 SRIGLEY STREET a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
What's the parking situation?+
This property includes 4 spaces — Other, No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,633.75, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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