
233 Denise Circle, Newmarket
Newmarket
$888,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
45
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this delightful and beautifully updated and modernized freehold townhome with 1722 square feet + approx.. 600 sq. ft in the finished basement! Quality Acorn built townhome situated on a quiet circle in the highly sought after Summerhill Estates, one of Newmarket's most desirable and family friendly communities! Fabulous location just steps to the top ranked Clearmeadow Public School and Sir William Mulock Secondary School and parks, scenic walking trails, transit and playgrounds which creates such an ideal location and just minutes to all shopping, restaurants, Ray Twinney Recreational Complex, GO transit and quick access to highways 400 and 404! This amazing family home has been lovingly updated with great pride of ownership and features beautiful Hardwood floors on the main level, new shingles July 2014, new upgraded upstairs flooring and staircase and wrought iron spindles in 2020, new high quality stainless steel kitchen appliances 2020, washer & dryer 2020, driveway repaved 2022, new garage door 2019, new windows & new front door 2020, new air conditioner 2020, new furnace 2016, main floor repainted 2025, new vinyl fencing May 2026, newer deck, new window coverings 2020, kitchen shutters 2022 water softener & HWT 2020 (owned), and upgraded main floor lighting - wow! Special bonus feature is the upper family room with a lovely gas fireplace. Plus there is also a great finished rec room and an extra office or could be used as a bedroom in the basement! Don't miss this fabulous home in absolutely move-in condition!
MississaugaInvestor.ca
233 Denise Circle
Att/Row/Townhouse · 4bd/3ba · ~1,750 sqft
$888,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.98%
Monthly Cash Flow
-$2,619/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-16.13%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$4,087 |
| Property Tax | −$607 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$740 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$2,619/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$7,282 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,880 |
| Annual NOI | $17,618 |
| Cap Rate | 1.98% |
Cash Required to Close
| Down Payment (20%) | $177,600 |
| Ontario Land Transfer Tax | $14,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $194,835 |
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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