
350 Kirby Crescent, Newmarket
Newmarket
$1,288,000
Cash flow, cap rate & mortgage breakdown
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Listed by SMART SOLD REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,000/mo
Estimated from market price-to-rent ratios
Remarks
Perched On One Of Newmarket's Highest Elevations In The Prestigious Glenway Estates, This Exceptional Hilltop Residence Offers Over 4,500 Sq. Ft. Of Beautifully Finished Living Space, Including A Bright Walk-Out Basement. Surrounded By Mature Trees And Showcasing Outstanding Curb Appeal, This Home Combines Elegance, Privacy, And Breathtaking Panoramic Views.The Thoughtfully Designed Main Floor Features A Private Home Office, Spacious Principal Rooms, Soaring Ceilings Highlighted By A Skylight That Fills The Home With Natural Light, And An Inviting Family Room With A Cozy Wood-Burning Fireplace. The Renovated Eat-In Kitchen Opens To A Large Breakfast Area With A Walkout To A Freshly Painted Deck, Perfect For Outdoor Entertaining.Freshly Painted Throughout, The Home Also Offers Smooth Ceilings, Pot Lights, Rich Hardwood Flooring, And Updated Main And Second-Floor Windows (2018). Upstairs, The Expansive Primary Retreat Features A Luxurious 5-Piece Ensuite And A Generous Walk-In Closet.The Finished Walk-Out Basement Adds Incredible Versatility With A Second Office, Spacious Recreation Area, Sauna, And Direct Access To The Private Backyard Oasis.Step Outside To Your Resort-Style Backyard Featuring A Heated Inground Pool, Freshly Painted Deck And Fencing, Mature Trees, And Beautiful Landscaping That Creates The Perfect Setting For Relaxation And Entertaining.Located On A Premium Hilltop Lot In One Of Newmarket's Most Desirable Communities, Just Minutes To Top-Rated Schools, Parks, Shopping, Dining, Transit, And All Amenities, This Is A Rare Opportunity To Own An Exceptional Family Home Offering Space, Luxury, Privacy, And Spectacular Views.
MississaugaInvestor.ca
350 Kirby Crescent
Detached · 6bd/4ba · ~3,250 sqft
$1,288,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.51%
Monthly Cash Flow
-$4,306/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-18.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$5,928 |
| Property Tax | −$880 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,073 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$4,306/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$10,562 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,880 |
| Annual NOI | $19,458 |
| Cap Rate | 1.51% |
Cash Required to Close
| Down Payment (20%) | $257,600 |
| Ontario Land Transfer Tax | $22,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $282,835 |
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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