
559 Haines Road, Newmarket
Newmarket
$954,900
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
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 559 Haines Rd., Newmarket, situated on a quiet, family-friendly court in a desirable neighbourhood close to M.J. Stiles Park and a wide range of everyday amenities. This well-maintained raised bungalow offers a functional layout with spacious principal rooms and exceptional indoor and outdoor living. The bright main level features a generous living room with hardwood flooring, elegant wall sconces, California shutters, and large windows overlooking the front yard. The custom kitchen is designed for both everyday living and entertaining, featuring extensive cabinetry, a full-size refrigerator and separate full-size freezer, a sit-up breakfast bar, ceramic and stone backsplash accents around the stove area, and additional backsplash throughout. French doors provide a walkout to the fully fenced backyard. Step outside to enjoy your private outdoor retreat complete with an inground pool, interlocking stone patio, and a garden shed-ideal for relaxing or hosting family and friends.The main floor also offers three well-sized bedrooms and a full bathroom. The finished lower level adds valuable living space with a spacious recreation room highlighted by a cozy wood-burning fireplace, a convenient 2-piece bathroom, a walkout to the 2 car garage, and an oversized laundry/utility room offering excellent storage and workspace. An excellent potential for a "inlaw suite"! Conveniently located close to M.J. Stiles Park, Tom Taylor Trail, schools, shopping, restaurants, transit, and other amenities, this home offers a wonderful combination of comfort, functionality, and an excellent location. Don't miss out on this opportunity!
MississaugaInvestor.ca
559 Haines Road
Detached · 3bd/2ba · ~1,300 sqft
$954,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.54%
Monthly Cash Flow
-$3,172/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-18.16%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$4,395 |
| Property Tax | −$653 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$796 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$3,172/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$7,830 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,549 |
| Annual NOI | $14,691 |
| Cap Rate | 1.54% |
Cash Required to Close
| Down Payment (20%) | $190,980 |
| Ontario Land Transfer Tax | $15,573 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $209,553 |
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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