
278 Carlisle Street, Newmarket
Newmarket
$1,089,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK CHAY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Beautifully Renovated Family Home On A Premium Corner Lot In One Of Newmarket's Most Convenient Locations. Offering Over 2,000 Sq/Ft Above Grade, This Move-In Ready Home Features 4 Large Bedrooms, 3 Washrooms & An Ideal Layout For A Growing Family. From The Moment You Arrive, You'll Appreciate The Outstanding Curb Appeal With Professionally Landscaped Gardens, Mature Trees, A Concrete Driveway, New Front Door, Insulated Double Car Garage With Inside Entry & Beautifully Maintained Grounds That Make A Lasting First Impression. The Large Entertaining Deck Provides The Perfect Space To Relax Or Host Family & Friends. Inside, The Heart Of The Home Is The Stunning Renovated Kitchen ('18) Featuring Quartz Countertops, Quality Cabinetry & An Abundance Of Workspace, Seamlessly Flowing Into Bright, Functional Layout With 2 Living Rooms. Custom Built-In Desks & Shelving Add Both Character & Practicality, While Updated Flooring, Beautifully Renovated Washrooms ('22) & A Spacious Primary Retreat With Double Closets & A 3-Piece Ensuite Complete The Home. The Unfinished Basement Offers Endless Potential To Create Additional Living Space Tailored To Your Needs. Ideally Located Just Minutes To Yonge Street, Top-Rated Schools, Parks, Restaurants, Shopping, Transit & Every Amenity You Could Ever Need. Notable Upgrades Include: New Kitchen '18, Upper Bathroom '22, New Laminate Flooring '22, New Eavestroughs & Downspouts '24, New Insulated Garage Door '24, New Back Patio Sliding Door '25, Concrete Driveway, New Front Door '17, Quartz Countertops, 200-Amp Panel, 60-Amp Garage Subpanel (Ready for EV Charger), Owned Water Softener, Large Entertaining Deck, Professionally Landscaped Corner Lot, Double Car Garage With Inside Entry & Cantina. Enjoy This Home For Many Years To Come!
MississaugaInvestor.ca
278 Carlisle Street
Detached · 4bd/3ba · ~2,250 sqft
$1,089,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.85%
Monthly Cash Flow
-$2,430/mo
Estimated Rent
$4,700/mo
Cash-on-Cash
-12.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,700 |
| Mortgage | −$5,017 |
| Property Tax | −$745 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$908 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$2,430/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,400 |
| Vacancy (5%) | −$2,820 |
| Property Tax | −$8,937 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,899 |
| Annual NOI | $31,044 |
| Cap Rate | 2.85% |
Cash Required to Close
| Down Payment (20%) | $217,980 |
| Ontario Land Transfer Tax | $18,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $239,253 |
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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