
127 Knapton Drive, Newmarket
Newmarket
$899,900
Cash flow, cap rate & mortgage breakdown
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Listed by Royal Heritage Realty Ltd.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
3
Days on Market
88
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Move-In Ready & Waiting for You! Welcome to this beautifully maintained semi-detached home in Newmarket's highly sought-after Woodland Hills community. Offering 3 spacious bedrooms, 2.5 bathrooms, and a bright, functional layout, this move-in ready home is perfect for families, first-time buyers, or professionals. The inviting main floor features elegant hardwood and ceramic flooring, spacious principal rooms, and a rare walkout to a private covered balcony-ideal for morning coffee or evening relaxation. Upstairs, you'll appreciate the convenience of second-floor laundry and three generous bedrooms, including a spacious primary suite complete with a walk-in closet and private ensuite. The fully finished walk-out basement offers exceptional versatility with direct backyard access, craft room, cold cellar and a bathroom rough-in, making it ideal for a family room, home office, gym, or future in-law potential. Enjoy peace of mind with major updates already completed, including new shingles (2021), central air conditioning (2021), and a high-efficiency furnace (2023). Additional features include an insulated single-car garage with inside entry and a private driveway accommodating two vehicles. Ideally located just minutes from Yonge Street and Davis Drive, you'll enjoy convenient access to Upper Canada Mall, restaurants, shopping, excellent schools, parks, walking trails, public transit, Highway 404, and GO Transit. Known for its vibrant Historic Main Street, outstanding amenities, excellent schools, and extensive parks and trails, Newmarket offers the perfect blend of small-town charm and urban convenience. This is an exceptional opportunity to own a thoughtfully updated home in one of York Region's most desirable family neighbourhoods.
MississaugaInvestor.ca
127 Knapton Drive
Semi-Detached · 3bd/3ba · ~1,750 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.01%
Monthly Cash Flow
-$1,885/mo
Estimated Rent
$4,050/mo
Cash-on-Cash
-11.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,050 |
| Mortgage | −$4,142 |
| Property Tax | −$615 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$203 |
| Cash Flow | -$1,885/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,600 |
| Vacancy (5%) | −$2,430 |
| Property Tax | −$7,379 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $27,092 |
| Cap Rate | 3.01% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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