363 Penn Avenue, Newmarket
Newmarket
$1,579,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
7
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
4 year old custom home on a 50 x194 ft deep lot with no rear neighbours! Offering, elegant luxury living, this 4+2 bed, 7 bath home features a grand 21ft foyer, floating stairs & an open-concept layout. The chef's kitchen boasts a 10ft island & flows to a private sundeck. Retreat to the lavish primary suite with a spa-like ensuite & heated floors. The finished walk-up basement features a 2nd kitchen acts as the perfect in-law suite!
MississaugaInvestor.ca
363 Penn Avenue
Detached · 6bd/7ba · ~4,250 sqft
$1,579,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.12%
Monthly Cash Flow
-$4,478/mo
Estimated Rent
$5,695/mo
Cash-on-Cash
-15.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,695 |
| Mortgage | −$7,268 |
| Property Tax | −$1,079 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,316 |
| Vacancy (5%) | −$285 |
| Cash Flow | -$4,478/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$68,340 |
| Vacancy (5%) | −$3,417 |
| Property Tax | −$12,948 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,790 |
| Annual NOI | $33,485 |
| Cap Rate | 2.12% |
Cash Required to Close
| Down Payment (20%) | $315,800 |
| Ontario Land Transfer Tax | $28,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $346,855 |
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.