
272 Elman Crescent, Newmarket
Newmarket
$1,087,000
Cash flow, cap rate & mortgage breakdown
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Listed by ZOLO REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
26
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,800/mo
Estimated from market price-to-rent ratios
Remarks
Beautifully updated 3+2 bedroom home on a large backyard, nestled on a quiet crescent in a desirable neighbourhood. Conveniently located within a short distance to GO Station, schools, and shopping.Modern kitchen overlooking a cozy family room with fireplace and walkout to deck. Main floor laundry and direct access from house to garage.Finished basement featuring a spacious recreation room, two bedrooms, and recently updated flooring.Recent upgrades include: freshly painted throughout, both upstairs and basement staircases upgraded to wood, engineered hardwood flooring on the main floor and second floor master bedroom, and updated basement flooring. Whirlpool stainless steel appliances. All washrooms have been recently renovated.Exterior highlights include an interlock walkway and a saltwater pool.
MississaugaInvestor.ca
272 Elman Crescent
Detached · 5bd/4ba · ~1,750 sqft
$1,087,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.92%
Monthly Cash Flow
-$3,267/mo
Estimated Rent
$3,800/mo
Cash-on-Cash
-16.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,800 |
| Mortgage | −$5,003 |
| Property Tax | −$743 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$906 |
| Vacancy (5%) | −$190 |
| Cash Flow | -$3,267/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,600 |
| Vacancy (5%) | −$2,280 |
| Property Tax | −$8,913 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,870 |
| Annual NOI | $20,837 |
| Cap Rate | 1.92% |
Cash Required to Close
| Down Payment (20%) | $217,400 |
| Ontario Land Transfer Tax | $18,215 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $238,615 |
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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