62 Newmarket Avenue, Toronto E03

$1,250,000
62 Newmarket Avenue

$1,250,000

New
8d
Detached2-Storey

62 Newmarket Avenue, Toronto E03

Total Monthly Obligation $5,825

HausQ Valuation Report
Beds
5
Baths
3
Park
0
Sqft
1500-2000
DOM
8d
Score
22
Yield
5.4%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-E14080882
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24.5 × 100 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,895.44 (2026)
Parking-Detached
Basement-Finished, Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Woodbine-Lumsden
Title-Residential Freehold

No agent assigned

Welcome to 62 Newmarket Avenue, a beautifully updated two-story detached home in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. This move-in-ready residence combines modern renovations and a fully finished two-bedroom basement apartment. Pride of ownership is evident throughout this extensively upgraded property. Updates include electrical (200amp), plumbing, insulation, mechanical systems, and living spaces, delivering peace of mind and lower utility costs. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite with a separate entrance. Upgrades include quartz kitchen countertops, a laundry room, stainless steel appliances, updated ductwork, and flooring. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity combines an updated and renovated family home in one of Toronto's most livable neighbourhoods. A beautiful turnkey property!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,825/mo
Mortgage $5,042
Monthly Loss $4,498
Principal$1,327
Interest$3,715
Property Tax$408
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
12.9%57
10-Year IRR
12.8%
Returns Index
29.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$67,596/yr
NOI
$51,441/yr
Net Cash Flow
-$755/mo
Cash Margin
-13.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
20.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 62 Newmarket Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.