
241 Banbrooke Crescent, Newmarket
Newmarket
$868,000
Cash flow, cap rate & mortgage breakdown
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Listed by CHESTNUT PARK REAL ESTATE LIMITED
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Beautifully Updated Freehold Townhome. Move right into this well-maintained freehold townhome where the hard work has already been done. Recent renovations and major improvements provide peace of mind while offering stylish, modern finishes throughout. This is a fantastic opportunity to own a turnkey home in one of Newmarket's desirable family neighbourhoods. Why You'll Love This Home. With extensive updates already completed-including flooring, kitchen, bathrooms, painting, landscaping and major mechanical improvements-this home is truly move-in ready. Enjoy the benefits of modern finishes, owned mechanical systems, and a clean unfinished basement ready for your personal touch. Don't miss your opportunity to own this beautifully refreshed freehold townhome in a sought-after Newmarket community.
MississaugaInvestor.ca
241 Banbrooke Crescent
Att/Row/Townhouse · 3bd/3ba · ~1,750 sqft
$868,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.12%
Monthly Cash Flow
-$1,736/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-10.94%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$3,995 |
| Property Tax | −$593 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$723 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$1,736/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$7,118 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,680 |
| Annual NOI | $27,102 |
| Cap Rate | 3.12% |
Cash Required to Close
| Down Payment (20%) | $173,600 |
| Ontario Land Transfer Tax | $13,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $190,435 |
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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