383 Gilpin Drive, Newmarket

$1,289,000
383 Gilpin Drive

$1,289,000

Sold Conditional Escape
28d
Detached2-Storey

383 Gilpin Drive, Newmarket

Total Monthly Obligation $6,174

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
28d
Score
15
Yield
3.6%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-N13831752
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-36.09 × 113.2 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,196.13 (2026)
Parking-5 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Other)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-immediate TBA
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Welcome to Woodland Hills, where sophisticated family living meets the beauty of nature. This exceptional home backs onto a serene ravine forest, offering a rare sense of privacy and a spectacular west-facing backyard with beautiful sunset exposure. Thoughtfully designed for both everyday family life and effortless entertaining, the home features 9' ceilings and hardwood flooring throughout the main and upper levels.The gourmet kitchen is the heart of the home, beautifully appointed and open to a spacious family room with views of the lush rear setting. Four generous bedrooms each enjoy their own ensuite bathroom, providing comfort and privacy for every member of the family. A dedicated second-floor laundry room adds exceptional convenience.The finished walk-out lower level extends the living space and opens naturally to the outdoors. Step outside to expansive decking on two levels-perfect for summer entertaining, morning coffee or relaxing while overlooking the fully fenced yard and peaceful forest beyond.Ideally located close to excellent schools, major shopping, parks and everyday amenities. This is a wonderful opportunity to enjoy the best of Woodland Hills living in a home designed for family, comfort and connection to nature.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,031,200
Land Transfer Taxes$22,255
Legal Fees (Est.)
$
Total cash required for closing$281,555

Total Monthly Obligation

$6,174/mo
Mortgage $5,199
Monthly Loss $4,806
Principal$1,368
Interest$3,831
Property Tax$600
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
9.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$46,080/yr
NOI
$29,776/yr
Net Cash Flow
-$2,718/mo
Cash Margin
-70.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.6/ 100

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

Comparables

Properties near 383 Gilpin Drive

Time

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