402 Morley Cook Crescent, Newmarket

$1,198,015
402 Morley Cook Crescent

$1,198,015

New
28d
Condo TownhouseBungalow

402 Morley Cook Crescent, Newmarket

Total Monthly Obligation $6,556

Bed+Den
3+1
Baths
3
Park
2
Sqft
2000-2249
DOM
28d
Score
14
Yield
3.8%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Condo Townhouse
MLS® Number-N13827842
Bed+Den-3+1
Bathrooms-3
Size-2000-2249 sqft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$6,580.36 (2026)
Maintenance-$975/mo
Locker-Ensuite+Owned
Parking-4 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-90 Days/TBA
Neighbourhood-Stonehaven-Wyndham
Title-Residential Condo & Other

No agent assigned

Spacious open concept bungalow with high 12 Ft. ceilings in St Andrews Valley Golf Course Community Backing onto Conservation, Aprox 3,500 sqft of Luxurious Living Space includes the finished walkout basement. Recent Improvements: Freshly painted interior (Summer of 2026) New Deck (Being Installed October 2026).

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

Closing Costs

Mortgage Amount
$958,412
Land Transfer Taxes$20,435
Legal Fees (Est.)
$
Total cash required for closing$261,538

Total Monthly Obligation

$6,556/mo
Mortgage $4,832
Monthly Loss $5,284
Principal$1,272
Interest$3,561
Property Tax$548
Condo Fees$975
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.7%0
5-Year IRR
4.2%9
10-Year IRR
6.2%
Returns Index
5.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$45,372/yr
NOI
$20,154/yr
Net Cash Flow
-$3,153/mo
Cash Margin
-83.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.6/ 100

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

Comparables

Properties near 402 Morley Cook Crescent

Time

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