146 Art West Avenue, Newmarket

$1,188,000
146 Art West Avenue

$1,188,000

Price Change
25d
Detached2-Storey

146 Art West Avenue, Newmarket

Total Monthly Obligation $5,733

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
25d
Score
15
Yield
3.6%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-N13835416
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-37.96 × 95.14 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,791.74 (2026)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30/60/90
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Welcome To This Gorgeous 2 Car Garage Detached Home, Perfectly Situated On A Premium Ravine Lot Overlooking A Serene Pond With Warm West Exposure. Approx 2400 Sq. Ft. Of Above-Grade Living Space. Freshly Painted, This Residence Offers A Double-Door Entry Welcomes You Into A Bright, Open-Concept Main Floor Featuring 9-Ft Ceilings, Hardwood Flooring, Oak Staircase, And A Stunning Gas Fireplace With Stone Feature Wall-Creating A Warm And Sophisticated Ambiance For Both Everyday Living And Entertaining. Upstairs, All Four Good Size Bedrooms Feature New Wide Laminate Flooring. The Spacious Primary Retreat Offers A 5-Pc Ensuite And Walk-In Closet, While The Second Bedroom Enjoys Its Own 4-Pc Ensuite. The Additional Two Bedrooms Share A Convenient Semi-Ensuite 4-Pc Bath. A Second-Floor Laundry Room Adds Exceptional Convenience To This Family-Friendly Layout. Enjoy Direct Garage Access And A Long Private Driveway With No Sidewalk, Providing For Up To 4 Vehicles Parking . Step Outside And Take In The Peaceful Ravine Setting, Beautiful Pond Views, And Warm West-Facing Light. Ideally Located Close To Hwy 400/404, Upper Canada Mall, Costco, Parks, Schools, Shopping & Everyday Amenities. A Rare Opportunity To Own A Beautifully Presented Home In A Picturesque Setting-Offering The Perfect Balance Of Nature, Space, Privacy & Convenience.

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

Closing Costs

Mortgage Amount
$950,400
Land Transfer Taxes$20,235
Legal Fees (Est.)
$
Total cash required for closing$259,335

Total Monthly Obligation

$5,733/mo
Mortgage $4,792
Monthly Loss $4,472
Principal$1,261
Interest$3,531
Property Tax$566
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 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
$42,420/yr
NOI
$26,886/yr
Net Cash Flow
-$2,552/mo
Cash Margin
-72.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.1/ 100

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

Comparables

Properties near 146 Art West Avenue

Time

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