$ 1,080,000
56 Millard Avenue
University Costco

56 Millard Avenue

Detached
Newmarket, Ontario L3Y 1Y8
5+4 3 1+1 0+6(6) 1100-1500 sqft
5+4 3 1+1 0+6(6)
1100-1500 sqft
$ 1,080,000
Sale
Taxes $4,556 2026
Maintenance None
Estimated Monthly Mortgage $2803
Estimated Closing Costs $--
University Costco

History

MLS®# N12996086

MLS®# N12996086

2026.04.14 New $1,080,000

Other Records

2024.10.23 - 2025.01.08 MLS®# N9508696 Terminated $1,165,000
2024.08.08 - 2024.09.30 MLS®# N9245734 Terminated $1,165,000
2024.07.02 - 2024.08.07 MLS®# N9003948 Terminated $1,170,000
2023.03.17 - 2023.05.08 MLS®# N5972827 Suspended $2,850
2022.10.03 - 2022.10.07 Sold $820,000

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
Bungalow-Raised
Size (sqft)
1100-1500
Lot Size
60 × 125 Feet
Parking
6 Total Parking Spaces
0 None Garage
6 Parking Spaces
Last Update
2026-04-14
Possession Date
2026-04-30 TBA
Listing Date
2026-04-14
Basement
Apartment, Separate Entrance, Finished, Walk-Up
Fireplace
Y
Heating
Gas
Pool
None
Air Conditioning
Central Air
Broker
LSG REALTY INC.
Room(s) Stories
Length x Width ( Size )
Descriptions
Kitchen Main
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Living Room Main
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Primary Bedroom Main
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Bedroom 2 Main
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Bedroom 3 Main
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Living Room Basement
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Kitchen Basement
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Bedroom 4 Basement
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Bedroom 5 Basement
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Bedroom 4 Main
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About

Exceptional income-generating opportunity in the heart of Newmarket! Spacious raised bungalow offering the potential to operate as three separate rental units, 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,

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $4,556 2026 year
Community:Central Newmarket
DetachedMarket Stat
Avg. Sold Price
$817,257.14
YoY -14.98 %
Avg. Rent
$2,138.89
YoY -22.22 %

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 1246 / 3046 Catholic English
Fraser Rank(2018) 1137 / 3052 Catholic English
Fraser Rank(2018) 927 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 42 / 747 Secondary English French AP Gifted
Fraser Rank(2023) 52 / 747 Secondary French
Fraser Rank(2023) 178 / 747 Secondary Catholic English AP
Fraser Rank(2023) 201 / 747 Secondary Catholic English
Fraser Rank(2023) 130 / 747 Secondary Catholic English IB
Seneca College - Newmarket Campus 1.8 km
16655 Yonge St., Unit 3, Newmarket, Ontario, L3X 1V6
(905)898-6199

Neighbourhood

Go Train Groceries
Newmarket Go Train Line:Barrie 1.7 km
Costco Newmarket 2.5 km
18182 YONGE STEAST GWILLIMBURY, ON L9N 0J3
T&T Supermarket 3.8 km
16005 Bayview Avenue, Aurora, ON
Super Market 4.8 km
104-24 Orchard Heights Blvd, Aurora, ON L4G 6T5

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