158 Park Avenue, Newmarket

$1,089,000
158 Park Avenue

$1,089,000

Price Change
29d
DetachedBungalow-Raised

158 Park Avenue, Newmarket

Total Monthly Obligation $5,222

Beds
4
Baths
3
Park
8
Sqft
1100-1500
DOM
29d
Score
16
Yield
3.8%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-N13826718
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-65 × 133 ft
Listed on site-Sep 24, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,456.89 (2026)
Parking-9 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SMART SOLD REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central Newmarket
Title-Residential Freehold

No agent assigned

Welcome to this fully renovated detached home in the heart of Newmarket! Nestled on a premium 65 135 ft lot( Rear 75ft ) in a mature and desirable neighborhood, this 3+1 bedroom, 3 bathroom home has been extensively upgraded with quality finishes, offering both comfort and style. Highlights include brand-new doors and windows, a double front entry, fresh paint, updated ceilings, LED pot lights, and solid hardwood floors on the main level. The modern kitchen features new cabinets, countertops, polished tile flooring, and stainless steel appliances. A newly added primary suite boasts a spacious walk-in closet and a luxurious ensuite. The finished lower level includes waterproof laminate flooring and an additional bedroom, ideal for family or guests. Upgrades also include a new AC system, new garage remote, new shingles on the garage roof, and full duct cleaning. Outside, enjoy an extra-long driveway for up to 8 cars, a wide front yard, and a fully upgraded inground pool with a new liner, safety cover, and equipment room. Underground drainage has been professionally installed. Prime central location close to schools, parks, shopping, transit, and all amenities. A rare opportunity on a large lot with complete modern upgrades move-in ready!

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

Closing Costs

Mortgage Amount
$871,200
Land Transfer Taxes$18,255
Legal Fees (Est.)
$
Total cash required for closing$237,555

Total Monthly Obligation

$5,222/mo
Mortgage $4,393
Monthly Loss $4,067
Principal$1,156
Interest$3,237
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$41,196/yr
NOI
$27,120/yr
Net Cash Flow
-$2,133/mo
Cash Margin
-62.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.3/ 100

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

Comparables

Properties near 158 Park Avenue

Time

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