609 Pearson Street, Newmarket
Newmarket
$588,800
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 ATRIA REALTY INC.
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
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
This Charming Detached Home Nestled In One of Newmarket's Established, Family-Friendly Neighbourhoods, Updated Modern Light Fixtures, Private Backyard Surrounded by Mature Tree, Freshly Painted Upper Level. Ideally Located Just Minutes From Upper Canada Mall, Southlake Regional Health Centre, Parks, Schools, Public Transit, GO Station, And Highway 404, Exceptional Convenience For Commuters And Families Alike. Furnance 2022, Upgraded 200Amp, Roof 2017
MississaugaInvestor.ca
609 Pearson Street
Detached · 3bd/3ba · ~900 sqft
$588,800
Cash-Flow Report · August 1, 2026
Cap Rate
2.95%
Monthly Cash Flow
-$1,263/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-11.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,710 |
| Property Tax | −$402 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$491 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,263/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,828 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,888 |
| Annual NOI | $17,364 |
| Cap Rate | 2.95% |
Cash Required to Close
| Down Payment (20%) | $117,760 |
| Ontario Land Transfer Tax | $8,251 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $129,011 |
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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