Newmarket, ON · · MLS® N13497606Updated
$1,258,000Est. $6,180/mo mortgage
206 Parkview Cres is a 4-bedroom, 4-bathroom detached home in Newmarket, listed for $1,258,000. It has 1500-2000 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
THE ULTIMATE WEALTH-GENERATING ASSET IN CENTRAL NEWMARKET100% FULL VACANT POSSESSION ON CLOSINGWelcome to a premium house and a great asset in Newmarket's prime Yonge & Davis corridor. The property generates about $90,000 rental income annually. Whether you are an institutional investor adding a high-yield vehicle to your portfolio, or a smart homeowner looking to completely eliminate your housing costs via "house-hacking," this property stands entirely in a league of its own.THE LAND VALUE: Sprawling across an oversized, mature 60 ft x 121 ft premium lot, the property backs onto a tranquil ravine. Real estate is about location and land-and a 60-foot ravine lot in the heart of York Region offers massive future appreciation and development protection.THE CONFIGURATION:Main Level: Bright, spacious, updated 4-bedroom layout featuring principal rooms and large windows with the views of the ravine.Lower Level: Two separate, fully self-contained rental suites. Bright, comfortable, and designed to minimize turnover.THE FINANCIAL METRICS: Currently operating at a gross annual yield of approx. $90,000 across three tenancies. For an end-user, this income is large enough to offset your mortgage qualifications, effectively allowing you to occupy a premium detached ravine home in Newmarket completely free while your tenants pay down your principal.THE LOCATION: Unbeatable transit and commercial footprint. Walk to Upper Canada Mall, immediate access to the Yonge St & Davis Dr transit corridors, minutes to the Newmarket GO Station, Southlake Health Centre, major stores, plazas, supermarkets and top-tier neighborhood schools.CHOOSE YOUR CLOSING: The seller offers ultimate contractual flexibility to suit your profile. Retain the outstanding, low-maintenance good tenants for an uninterrupted stream of revenue from day one, OR receive contractually guaranteed 100% full vacant possession on closing to choose your own market rents or move your extended family right in.
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $839 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Newmarket market reportSold prices are shown free to signed-in members, as board rules require.
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1075 Secretariate Road
5 bd · 5 ba · Detached
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515 London Road
4 bd · 3 ba · Detached
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1098 Secretariate Road
4 bd · 4 ba · Detached
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981 Krista Court
4 bd · 3 ba · Detached
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574 Sweetwater Crescent
3 bd · 3 ba · Detached
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67 Tango Crescent
4 bd · 3 ba · Detached
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home206 Parkview Crescent 4 bd · 4 ba · 1,500 sqft | $1,258,000asking | $839 | — | — |
| 1075 Secretariate Road 5 bd · 5 ba · 3,500 sqft | ||||
| 515 London Road 4 bd · 3 ba · 2,000 sqft | ||||
| 1098 Secretariate Road 4 bd · 4 ba · 3,000 sqft | ||||
| 981 Krista Court 4 bd · 3 ba · 2,000 sqft | ||||
| 574 Sweetwater Crescent 3 bd · 3 ba · 1,500 sqft | ||||
| 67 Tango Crescent 4 bd · 3 ba · 2,000 sqft |
5 bd · 5 ba · 3,500 sqft
4 bd · 3 ba · 2,000 sqft
4 bd · 4 ba · 3,000 sqft
4 bd · 3 ba · 2,000 sqft
3 bd · 3 ba · 1,500 sqft
4 bd · 3 ba · 2,000 sqft
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: CENTRAL HOME REALTY INC., BrokerageMLS® N13497606 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other 3–4 bed homes for sale in Newmarket around $1.3M.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 394 sales from Jul 24 – Oct 22, 2026 (243 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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206 Parkview Cres is listed at $1,258,000 (MLS® N13497606). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Newmarket. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Yes — it was first listed at $999,900 and is now $1,258,000, an increase of $258,100 (25.8%).
206 Parkview Cres has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Newmarket.
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 1.1 km (about a 14-minute walk) in a straight line. East Gwillimbury GO Station is about 3.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $6,180 a month — principal and interest on $1,258,000 with 20% down ($251,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $1,258,000 is about 31% above the median sold price in Newmarket over the last 90 days, $960,000, across 394 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 206 Parkview Cres on record from the last two years. Older records aren't shown under TRREB rules.
206 Parkview Cres is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
122 days — 206 Parkview Cres was listed on June 22, 2026.
About $629 to $839 per square foot: the asking price of $1,258,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Yes — the listing gives 4 parking spaces.
