
45 Mae Brooks Drive, Newmarket
Newmarket
$1,179,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Move in Ready, 45 Mae Brooks Dr. in Newmarket's desirable Woodland Hill area. This two-story, all-brick 3+1 bedroom, 4-bathroom family home with finished basement is carpet-free throughout. The main floor opens into a bright living room & a dining room highlighted by coffered ceilings & an oversized bay window, alongside a main floor powder room & direct interior access to the 2-car garage. The kitchen sits at the center of the main level, finished with espresso cabinetry, a center island, farm-style s/s sink, newer s/s appliances & a walk-out directly to the two-tiered deck & Fully fenced yard.Upstairs features brand-new luxury vinyl plank flooring throughout (2025) with a well-designed layout offering 3 bedrooms, an upper family room, built-in study nook/office space, & 2nd-floor laundry w/ custom cabinetry (2023). The primary bedroom features a 5-piece ensuite bath & a large extended closet, while the additional two bedrooms are connected by a convenient Jack-and-Jill bathroom. The oversized upper family room provides fantastic flex space for movie nights or a play area, with potential for easy conversion into a 4th upper bedroom.The finished lower level extends the living space with new LVP flooring (2026), featuring a bright rec room with above-grade windows that can easily serve as another bedroom, flowing directly into a dedicated office space complete with custom built-in cabinetry & ample closet space. The basement also includes a newly updated powder room (2026), plus a large utility room that offers great potential to be finished for extra living space, complete with a rough-in for another bathroom. Major updates complete: new roof w/ 25 yr shingles 2026) & replaced windows (2024/2025) LVP thought the second floor & basement. Walk to local schools, parks, & trails, with quick access to Upper Canada Mall, GO Transit, & Highways 400/404.
MississaugaInvestor.ca
45 Mae Brooks Drive
Detached · 4bd/4ba · ~2,250 sqft
$1,179,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.48%
Monthly Cash Flow
-$3,974/mo
Estimated Rent
$3,650/mo
Cash-on-Cash
-18.42%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,650 |
| Mortgage | −$5,427 |
| Property Tax | −$806 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$983 |
| Vacancy (5%) | −$183 |
| Cash Flow | -$3,974/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,800 |
| Vacancy (5%) | −$2,190 |
| Property Tax | −$9,668 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,790 |
| Annual NOI | $17,452 |
| Cap Rate | 1.48% |
Cash Required to Close
| Down Payment (20%) | $235,800 |
| Ontario Land Transfer Tax | $20,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $258,855 |
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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