253 Silverbirch Drive, Newmarket
$850,000
253 Silverbirch Drive, Newmarket
Total Monthly Obligation $4,179
No agent assigned
Welcome to 253 Silverbirch Drive! A fantastic opportunity to own a detached home with a VACANT, LEGAL two-bedroom basement apartment on a quiet, established street in Newmarket! Offering 3 bedrooms and a full bathroom on the main level, plus a fully separate 2-bedroom, 1-bathroom basement apartment, this home offers the flexibility to accommodate extended family, generate rental income, or simply enjoy additional living space. The basement apartment features its own private side entrance off the driveway, and both units have their own laundry facilities for added convenience and independence. Best of all, the apartment is currently vacant, allowing buyers the opportunity to select their own tenants or make use of the space themselves! Outside, the recently paved driveway offers parking for up to 6 vehicles. Many of the big-ticket improvements have already been taken care of, including a re-shingled roof (2021), new furnace, air conditioning and hot water heater (2022), upgraded attic insulation and basement windows (2023), and driveway paving (2025). Freshly painted with new kitchen flooring in 2026, this home is ready for its next chapter. Move in and enjoy it as it is, or bring your own style and cosmetic updates over time, knowing that many of the important improvements have already been completed. Located in a quiet, established neighbourhood close to schools, parks, shopping and everyday amenities, this property offers a wonderful combination of practical living, income potential and room to make it your own. A great opportunity for homeowners and investors alike!
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 253 Silverbirch Drive
Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.
Data is provided courtesy of PropTx.
The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.
Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).
The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Data last updated within the past 24 hours.