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!
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $700 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 874 Sparrow Rd
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 5
Living space
1500-2000 sq ftas stated on the listing
Lot size
50.00 x 110.00 Feet
Parking
6 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished
Lot & land
Lot dimensions
50.00 x 110.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
Backsplit 5
Property class
Detached
874 Sparrow Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,158
/mo
based on the purchase price of $1,049,900
$209,980 cash
$839,920 financed
$707,433 total interest
Principal54%$839,920
Interest46%$707,433
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Newmarket
Other 3–4 bed homes for sale in Newmarket around $1.0M.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio97.9%On average, homes sold below asking.
Active listings383Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with May 1 – Jul 30, 2026: prices up.
Based on 405 sales from Jul 30 – Oct 28, 2026 (255 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
874 Sparrow Rd is listed at $1,049,900 (MLS® N13552240). Summitly updates the price as soon as the MLS® record changes.
Is $1,049,900 a good price for 874 Sparrow Rd?
Summitly rates it Above Market: the asking price is 5% to 15% 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
Has the price of 874 Sparrow Rd changed?
Yes — it was first listed at $1,088,000 and is now $1,049,900, a drop of $38,100 (3.5%).
How many bedrooms and bathrooms does 874 Sparrow Rd have?
874 Sparrow Rd has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Newmarket.
Is 874 Sparrow Rd close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 1.8 km (about a 22-minute walk) in a straight line. East Gwillimbury GO Station is about 2.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 874 Sparrow Rd?
About $5,158 a month — principal and interest on $1,049,900 with 20% down ($209,980), 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.
How does 874 Sparrow Rd compare with other homes in Newmarket?
Its asking price of $1,049,900 is about 10% above the median sold price in Newmarket over the last 90 days, $955,000, across 405 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.
Has 874 Sparrow Rd been sold before?
Summitly has no earlier MLS® sale or lease of 874 Sparrow Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 874 Sparrow Rd?
874 Sparrow Rd is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 874 Sparrow Rd been on the market?
110 days — 874 Sparrow Rd was listed on July 10, 2026.
What is the price per square foot of 874 Sparrow Rd?
About $525 to $700 per square foot: the asking price of $1,049,900 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 874 Sparrow Rd have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
