8 hours on Market

874 Sparrow Rd, Newmarket, Ontario L3Y 5P9

Detached
4 + 1
2
~1500-2000 sqft
$1,088,000
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Detached
4 + 1
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market8 hours

Estimated valueNot available

Price/Sqft$635/sqft

Monthly cost

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Description

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!


Property Details

StyleBacksplit 5
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,500 SqFt(110 x 50)
Parking Spaces6
MLS ®NumberN13552240
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byHOMELIFE LANDMARK REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Dining

4.69 x 3.99

Laminate / Large Window / Combined W/Living

Living

3.99 x 2.96

Laminate

Kitchen

5.73 x 3.05

Ceramic Floor / Backsplash / O/Looks Family


Features

Lot size: 5,500 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property History

Jul 11, 2026
ListedActive
$1,088,000
8 hours on market
history photo preview34
Listing by trreb®
Property listed by HOMELIFE LANDMARK REALTY INC., Brokerage
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Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2025

19 days

2024

19 days

2023

10 days

New Listings

Past 30 days

146 listings

Compared to

2025

157 listings

2024

119 listings

2023

136 listings

Units sold

Past 30 days

55 units

Compared to

2025

53 units

2024

57 units

2023

56 units

Median Sold Price

Past 30 days

$1,110,000

Compared to

2025

$1,152,000

2024

$1,285,000

2023

$1,327,500


Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
21%
50 to 64
23%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget