60 Hillview Drive, Newmarket

$949,000
60 Hillview Drive

$949,000

New
30d
DetachedBungalow

60 Hillview Drive, Newmarket

Total Monthly Obligation $4,710

Beds
4
Baths
4
Park
6
Sqft
1100-1500
DOM
30d
Score
17
Yield
4.3%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-N13817260
Beds-4
Bathrooms-4
Size-1100-1500 sqft
Lot Size-51.34 × 183.8 ft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$6,084.08 (2026)
Parking-7 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Veneer, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Allow 2 Weeks
Neighbourhood-Bristol-London
Title-Residential Freehold

No agent assigned

{STEP INSIDE} Walk through the front door & the whole main floor opens up in front of you. This detached bungalow on Hillview Dr pairs an updated, open-concept main level with a finished basement that has its own separate entrance & second kitchen. Live on one floor, bring family close, or offset the mortgage with rental income. Vacant & ready for its next owner. {MAIN LEVEL} The tile foyer with pot lights sets a bright first impression, with a 2pc powder room close by. Laminate flooring & pot lights carry through the living & dining room, anchored by a large window overlooking the front yard. It is the kind of space where a holiday dinner never feels crowded. The modern kitchen has Corian countertops, a centre island, built-in microwave, fridge, stove & dishwasher. Morning coffee at the island quickly becomes a habit. The primary bedroom has a closet, a 3pc ensuite with stand-up shower & a walkout to the deck. A second bedroom with closet overlooks the backyard, & a den with built-in shelving works well as a home office. A 5pc main bath rounds out the level. {LOWER LEVEL} A separate entrance leads to a finished lower level with laminate flooring. The open-concept rec room sits next to a full second kitchen with fridge, stove, oven, microwave, range hood & a large window. Two bedrooms, the larger with two windows, & a 3pc bath complete the space. Laundry is combined with the utility room, with washer, dryer & tankless water heater. Set up for extended family, a teen suite or income potential. {LOCATION} Located in Newmarket's established Bristol-London neighbourhood, close to Fairy Lake, the Nokiidaa Trail & historic Main Street shops & restaurants. Upper Canada Mall, Southlake Regional Health Centre & Newmarket GO are all close by, with easy access to Yonge St, Davis Dr & Hwy 404. Public & Catholic schools & parks nearby make this a neighbourhood families stay in for years.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,710/mo
Mortgage $3,828
Monthly Loss $3,703
Principal$1,007
Interest$2,821
Property Tax$507
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.7%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,728/yr
NOI
$26,071/yr
Net Cash Flow
-$1,655/mo
Cash Margin
-48.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.7/ 100

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

Comparables

Properties near 60 Hillview Drive

Time

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