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64 LINDSAY AVENUE, Newmarket (Bristol-London) — listed at $759,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare opportunity in the heart of Newmarket! This versatile property features TWO self-contained living units, including a LEGAL basement apartment (ARU) registered with the Town of Newmarket (Registration #2014-0039) - an excellent opportunity for investors, multi-generational families, or homeowners looking to offset their mortgage with rental income! The inviting main level features a spacious open-concept living and dining area with pot lights, along with a beautifully renovated kitchen showcasing stone countertops and backsplash, stainless steel appliances, a breakfast bar and modern finishes. The legal basement apartment offers its own separate entrance, pot lights throughout, and the convenience of separate laundry facilities. With two sets of washers and dryers, both units enjoy added privacy and independence. Additional improvements include 200-amp electrical service, sound- and fire-rated insulation between units, and an attractive stucco exterior. Outside, enjoy a private backyard with a deck, perfect for relaxing or entertaining, plus a deep front yard offering ample parking for multiple vehicles. Ideally located in an established neighbourhood surrounded by beautiful custom-built homes, just minutes from Upper Canada Mall, Newmarket GO Station, Main Street's charming shops and restaurants, Newmarket Plaza, Costco, and Highways 400 and 404.Live in one unit and rent the other, accommodate extended family, or add a legal two-unit property to your investment portfolio. A fantastic combination of flexibility, convenience, and income potential! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.6 x 3.48 meters |
| Dining room | Main level | 6.6 x 3.48 meters |
| Kitchen | Main level | 4.1 x 3.38 meters |
| Primary Bedroom | Upper Level | 4.05 x 3 meters |
| Bedroom 2 | Upper Level | 4.2 x 2.81 meters |
| Bedroom 3 | Upper Level | 3 x 2.42 meters |
| Kitchen | Lower level | 6.9 x 3.23 meters |
| Living room | Lower level | 6.9 x 3.23 meters |
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is 64 LINDSAY AVENUE a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
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.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Newmarket (Bristol-London) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,979, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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