639 Irwin Crescent, Newmarket

$849,999
639 Irwin Crescent

$849,999

New
45d
DetachedBungalow-Raised

639 Irwin Crescent, Newmarket

Total Monthly Obligation $4,212

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
45d
Score
19
Yield
4.8%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-N13754020
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-40.03 × 115.07 ft
Listed on site-Sep 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$4,904 (2025)
Parking-6 - Built-In
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Huron Heights-Leslie Valley
Title-Residential Freehold

No agent assigned

Welcome to 639 Irwin Crescent, a solid brick raised bungalow on a quiet crescent in Newmarket's Huron Heights community. Offering 1,277 square feet above grade plus a finished lower level with a separate entrance, this home delivers the flexibility today's buyers are searching for. The main floor opens to a bright living room with a large picture window flowing into an open concept dining room with a walk-out to the deck. The eat-in kitchen overlooks the dining area with generous cabinetry and counter space. All three bedrooms are on the main level, including a spacious primary with a walk-in closet and two-piece ensuite, served by a full four-piece main bath. Steps down to the basement leads to a kitchenette, an open-concept recreation room with wainscoting, a den, and a three-piece bathroom. Excellent potential for multi-generational living or extended family. Outside, a fully fenced and landscaped yard offers privacy on a 40 x 115 foot lot, with a deck off the dining room for summer entertaining. A built-in double garage plus private double driveway parks six vehicles in total. Roof replaced in 2021, with central air and forced air gas heating throughout. You are minutes from Southlake Regional Health Centre on Davis Drive, one of York Region's leading hospitals and one of Newmarket's largest employers, an exceptional fit for healthcare professionals and anyone who values being close to care. Davis Drive puts the VIVA Blue rapidway and its dedicated transit lanes within easy reach, along with YRT routes and Newmarket GO Station on the Barrie line for a straightforward commute to Toronto. Highway 404 sits a short drive east, with Upper Canada Mall, Riverwalk Commons, historic Main Street, schools, and parks all close at hand.

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$
%
%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$679,999
Land Transfer Taxes$13,475
Legal Fees (Est.)
$
Total cash required for closing$184,975

Total Monthly Obligation

$4,212/mo
Mortgage $3,429
Monthly Loss $3,310
Principal$902
Interest$2,526
Property Tax$409
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%33
10-Year IRR
10.3%
Returns Index
17.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,872/yr
NOI
$27,381/yr
Net Cash Flow
-$1,147/mo
Cash Margin
-33.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
21.0/ 100

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

Comparables

Properties near 639 Irwin Crescent

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