824 Grace Street, Newmarket
Newmarket
$888,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by HOMELIFE LANDMARK RH REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,000/mo
Estimated from market price-to-rent ratios
Remarks
Gorgeous Detached Home with 2 Car Garage on premium Corner Lot in the Heart of Newmarket. Stone and Ceramic Siding with Exterior Pot Lights. Approx. 2000 S.F Living Space with Fin. Bsmt. Spent $200K Upgrades in 2023: Roof, soffits and Evestrophes and all windows and window frames. Vinyl Flooring & Pot Lights Throughout with Quality Finishes. Added insulation in attic. Oak Staircase with Glass Railing. Modern Kitchen With Large Centre Island and Breakfast Bar, Quartz Countertops, Backsplash, Valance Lighting & S/S Appl. Cozy Family Rm with Electric Fireplace & Open Bar with Wine Cellar. Oversized Primary Bedroom Featuring Crown Moulding, Sitting Area, Gas Fireplace, W/I Closet & Luxurious 5 pcs Ensuite. Fin. Bsmt with Rec, Open Office, Bedroom & Large Laundry. Professional Landscaping with Stone Patio & BBQ & gas line. Fully Fenced Backyard with Garden/Storage Sheds, Side yard with Drive-In Gate fit for more Car & Boat. Long Driveway can park 4 Large Cars or Boat. Steps to Park & School, Close to Public Transit, Hospital, Fairy Lake Park & Conservation Area, Mins to Upper Canada Mall, Costco, Supermarkets, GO Station & Hwy404 ...
MississaugaInvestor.ca
824 Grace Street
Detached · 3bd/3ba · ~1,300 sqft
$888,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.73%
Monthly Cash Flow
-$2,809/mo
Estimated Rent
$3,000/mo
Cash-on-Cash
-17.3%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,000 |
| Mortgage | −$4,087 |
| Property Tax | −$607 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$740 |
| Vacancy (5%) | −$150 |
| Cash Flow | -$2,809/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,000 |
| Vacancy (5%) | −$1,800 |
| Property Tax | −$7,282 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,880 |
| Annual NOI | $15,338 |
| Cap Rate | 1.73% |
Cash Required to Close
| Down Payment (20%) | $177,600 |
| Ontario Land Transfer Tax | $14,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $194,835 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.