416 Flanagan Court, Newmarket

$1,095,000
416 Flanagan Court

$1,095,000

New
28d
Detached2-Storey

416 Flanagan Court, Newmarket

Total Monthly Obligation $5,310

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
28d
Score
17
Yield
4.3%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-N13827976
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-31.99 × 114.83 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,221.94 (2026)
Parking-6 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Rec Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Summerhill Estates
Title-Residential Freehold

No agent assigned

Perfectly Positioned Family Home In The Coveted Summerhill Estates Community Of Newmarket. Close To Schools, Parks, Ray Twinney Rec Centre, Upper Canada Mall, The New Mulock Park, Southlake Hospital, Walking Trails, Bustling Downtown Newmarket's Riverwalk Commons, Fairy Lake And Every Amenity You Could Possibly Desire! This Bright And Inviting Family Home Offers A Spacious, Thoughtfully Designed And Light-Filled Layout Ideal For Both Everyday Living And Entertaining. With 3+1 Generously-Sized Bedrooms And 4 Bathrooms There Is Plenty Of Room For The Whole Family. The Private West-Facing Backyard, Framed By Mature Trees, Is Perfect For Children And Pets To Play, Family Gatherings, And Summer Entertaining. The Finished Basement With Separate Entrance Adds Exceptional Versatility With Large Recreation Room, Kitchen, Additional Bedroom With Walk-In Closet, And Full Bathroom - Ideal For Extended Family, Teens Seeking Their Own Space, Overnight Guests, Or Multi-Generational Living. This Is A Home That Combines Comfort, Functionality, And Flexible Space For Every Stage Of Family Life. Welcome Home! BONUS: No Sidewalk! New Furnace & AC - 2021, New Main Floor Kitchen Fridge & Stove - 2026, New Electrical Panel - 2026, New Water Heater - 2026, Driveway Redone - September 2026. Most Windows Replaced August 2026.

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

Closing Costs

Mortgage Amount
$876,000
Land Transfer Taxes$18,375
Legal Fees (Est.)
$
Total cash required for closing$238,875

Total Monthly Obligation

$5,310/mo
Mortgage $4,417
Monthly Loss $4,148
Principal$1,162
Interest$3,255
Property Tax$518
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.3%25
10-Year IRR
9.2%
Returns Index
13.7/ 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
$46,668/yr
NOI
$31,279/yr
Net Cash Flow
-$1,810/mo
Cash Margin
-46.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.6/ 100

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

Comparables

Properties near 416 Flanagan Court

Time

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