874 Sparrow Road, Newmarket
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! (id:1945)
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Property details for 874 Sparrow Road, Newmarket
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 2
- Lot Size
- 50 x 110 FT
- Basement
- Finished, N/A
- Parking
- Attached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Aluminum siding
- Ownership
- Freehold
- Annual Taxes
- $5,466
Nearby Listings Stat
Estimated price and comparable properties near 874 Sparrow Road
Active Listings
5
Min Price
$749,888
Max Price
$1,499,000
Avg Price
$1,019,158
Days on Market
78
days
Sold Listings
2
Min Sold Price
$990,009
Max Sold Price
$1,050,000
Avg Sold Price
$1,020,005
Days until Sold
49
days
Neighbourhood Census Data
Newmarket, Ontario
Population
587
Median Age
47.5
Median Income
$36,864
Dwelling Value
$699,135
Housing Tenure
Owners 92%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 1,873.0/km²
Avg Shelter Cost: $1,577/mo
Owners with Mortgage: 58.3%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 0%
English only: 89.7%
English and French: 9.5%
Neither: 0.9%
Median Household Income: $100,011
Median Employment Income: $32,608
Price History
Listed
July 11, 2026
by HOMELIFE LANDMARK REALTY INC.
Current Price
$1,049,900
-3.5% from last change
Type
Residential
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,049,900 | $38,100 (-3.5%) |
| Jul 30, 2026 | $1,088,000 | Listed |
