
174 Currey Crescent, Newmarket
Newmarket
$849,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to 174 Currey Ave. a charming 2-storey detached home nestled in a desirable Newmarket neighborhood - the perfect place to raise a family. This well maintained home offers a spacious and functional layout with 4 bedrooms and a bathroom on every level for added convenience. The main floor features a bright eat-in kitchen, perfect for family meals and entertaining, along with hardwood flooring throughout the home (excluding the basement). The inviting living and dining areas provide plenty of space to relax and enjoy time together. Upstairs you'll find four comfortable bedrooms, offering room for the whole family, guests, or a dedicated home office. The finished basement adds valuable living space with a cozy fireplace, creating the perfect setting for a family room, recreation area, or movie nights. Enjoy the outdoors in the fully fenced backyard, offering privacy and a safe space for children, pets, gardening, or summer gatherings. A garden shed provides additional storage for outdoor equipment and tools. Additional features include separate garage entrance "breezeway" and separate entrance to backyard, remote key entry garage door opener and an owned water heater. Ideally located close to schools, parks, shopping, transit, and local amenities, this home offers a wonderful opportunity to become part of a welcoming Newmarket community. Whether you're starting a family, growing your family, or looking for a comfortable home in a great location, 174 CurreyAve. offers the space and lifestyle you've been looking for.
MississaugaInvestor.ca
174 Currey Crescent
Detached · 4bd/3ba · ~1,300 sqft
$849,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.42%
Monthly Cash Flow
-$1,493/mo
Estimated Rent
$4,140/mo
Cash-on-Cash
-9.61%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,140 |
| Mortgage | −$3,912 |
| Property Tax | −$581 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$708 |
| Vacancy (5%) | −$207 |
| Cash Flow | -$1,493/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,680 |
| Vacancy (5%) | −$2,484 |
| Property Tax | −$6,969 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,499 |
| Annual NOI | $29,028 |
| Cap Rate | 3.42% |
Cash Required to Close
| Down Payment (20%) | $169,980 |
| Ontario Land Transfer Tax | $13,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,453 |
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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