57 Gail Parks Crescent, Newmarket

$958,000
57 Gail Parks Crescent

$958,000

New
29d
Detached2-Storey

57 Gail Parks Crescent, Newmarket

Total Monthly Obligation $4,727

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
29d
Score
18
Yield
4.7%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-N13822088
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-35.01 × 82.02 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,854.31 (2026)
Parking-6 - Built-In
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Finished Walk-Out Basement! 2-Car Garage Home! Open to Top Foyer! Nestled on a quiet family-friendly crescent, just a short walk to Upper Canada Mall, this beautifully maintained home offers the perfect blend of style, comfort, and convenience. Featuring 9' ceilings, hardwood floors & stairs, and a bright open-concept layout, the home is ideal for both everyday living and entertaining. The upgraded eat-in kitchen boasts granite countertops, stainless steel appliances, and a walk-out to a spacious wood deck. Relax in the inviting family room with a gas fireplace or host guests in the formal dining area. The spacious primary suite features California shutters, a walk-in closet, and a 4-piece ensuite. The finished walk-out basement with garage access provides exceptional flexibility for a recreation room, home office, or extended family. Move-in ready and located in one of Newmarket's most desirable communities-don't miss this fantastic opportunity to call it home!

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

Closing Costs

Mortgage Amount
$766,400
Land Transfer Taxes$15,635
Legal Fees (Est.)
$
Total cash required for closing$208,735

Total Monthly Obligation

$4,727/mo
Mortgage $3,864
Monthly Loss $3,710
Principal$1,017
Interest$2,847
Property Tax$488
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$45,000/yr
NOI
$30,146/yr
Net Cash Flow
-$1,352/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
19.4/ 100

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

Comparables

Properties near 57 Gail Parks Crescent

Time

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Data last updated within the past 24 hours.