
74 Tango Crescent, Newmarket
Newmarket
$1,198,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by HOMELIFE NEW WORLD REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
43
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Welcome to this charming, fully updated 3-bedroom plus 1 den, 4-bathroom detached home located in the prestigious Woodland Hills community of Newmarket. This beautifully designed residence offers approx.2609 sq feet of living space including a LEGAL basement apartment 584 sq feet with a separate entrance, done with city permit ,kitchen, laundry, and full bathroom - ideal for extended family or rental income.The home offers over $80,000 in builder upgrades, plus approximately $15,000 in owner improvements, including raised grounds in the front and backyard, front and back interlocking, and the upper fence. Basment was done with designer and certified by owners . The gourmet open-concept kitchen with granite countertop features a breakfast bar, built-in appliances, and a walk-out to a spacious deck, perfect for entertaining.he bright and inviting family room features a custom-built gas fireplace, complemented by a wet bar, new light fixtures, and pot lights throughout. Pot lights were also added on the entire first floor, second floor, and basement. Hardwood flooring runs across the main level.The primary bedroom offers his-and-hers walk-in closets and a fully renovated ensuite bathroom. Beautifully landscaped front and backyard create your own private retreat. The modern PVC fence is privately owned.Ideally located within walking distance to Upper Canada Mall, GO Bus Station, No Frills, Food Basics, Alexander Muir Elementary School, Woodland Hills Labyrinth Park, and Environmental Park. Approximately 8 minutes walking to the GO Bus Station and 10 minutes to Upper Canada Mall. Convenient access to Hwy 400/404, Costco, Walmart, Home Depot, hospital, parks, schools, and more.
MississaugaInvestor.ca
74 Tango Crescent
Detached · 4bd/4ba · ~2,250 sqft
$1,198,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.57%
Monthly Cash Flow
-$2,949/mo
Estimated Rent
$4,850/mo
Cash-on-Cash
-13.45%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,850 |
| Mortgage | −$5,514 |
| Property Tax | −$819 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$998 |
| Vacancy (5%) | −$243 |
| Cash Flow | -$2,949/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,200 |
| Vacancy (5%) | −$2,910 |
| Property Tax | −$9,824 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,980 |
| Annual NOI | $30,786 |
| Cap Rate | 2.57% |
Cash Required to Close
| Down Payment (20%) | $239,600 |
| Ontario Land Transfer Tax | $20,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,035 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.