The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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!
Property Details
Listing
MLS® number
N14083488
Status
For Sale
Listed
Oct 15, 2026
Last updated
Oct 15, 2026
Possession
Immediate
Building
Type
Detached
Style
Bungalow
Approx. age
51-99
Approx. size
700–1,100 ft²
Basement
Apartment, Finished, Separate Entrance, Walk-Up
Lot
Frontage
50.00 ft
Depth
104.00 ft
Lot area
≈ 5,200 ft² (calculated)
View
North
Community
Bristol-London
Parking & utilities
Garage
None, 0 spaces
Driveway
Private, 6 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$4,504 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
RE/MAX REALTRON REALTY INC.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 2
Kitchens: 1 above grade · 1 below grade
Basement: Apartment, Finished, Separate Entrance, Walk-Up
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,555/mo
Mortgage (principal + interest)$3,180
Property taxFrom listing: $4,504/yr$375
Minimum $60,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$170,000
Ontario land transfer taxProvincial brackets, no first-time refund$13,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$186,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Newmarket has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
