614 Mcbean Avenue N, Newmarket

$1,068,000
614 Mcbean Avenue N

$1,068,000

New
22d
Detached2-Storey

614 Mcbean Avenue N, Newmarket

Total Monthly Obligation $5,145

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
22d
Score
17
Yield
4.1%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-N13850730
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-25 × 114.83 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,546.07 (2025)
Parking-5 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS REFERRED URBAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Other
Foundation-Other
Sewer-Sewer
Possession-Immediately
Neighbourhood-Stonehaven-Wyndham
Title-Residential Freehold

No agent assigned

**** Enjoy the expansive, open backyard with lush green lawn and stunning unobstructed views, the perfect setting for outdoor living, entertaining, or simply soaking in natures beauty. Fully separate walk-out basement featuring a private entrance, its own kitchen, laundry, and living space ideal for extended family living or as a great mortgage helper playground, basketball court, Open Concept, Inviting & Immaculate Like A Model Having Approx. 2,200+ Sqft Of Finished Living Space.Surrounded By Nature,Park Greenspace & Privacy,This Executive Home Features 9Ft Ceilings/Main Fl,Chef-Style Eat-In Kitchen W/Centre Island,B/Splash('19),Quartz C/Top('19), & U/C Lighting.Dining Room & Family Room Overlook Expansive Park/Field Greenspace, W/Large Patio & ('19)Sun-Filled+Bright T/Out,Ample Storage, Spacious Bedrooms & Newly Renovated Ensuite('17) Complete This Perfect Family Home. interior garage access, Finished Lower Level Potential Nanny Suite W/Separate Walk-Up Entrance, Features: Laundry, Bedroom W/W-In Closet, Full Kitchen, Bath+ Landscaped B/Yard.(New Pavers('19) Direct Garage Entrance Inside Home.. Extras: S/S Appl:Stove,D/W,Micro,Newer Fridge(12/21); Wh-W/D-Main;Nest Thermostat;All Elf's+Window Cov;Gdo+1Remote.Basement Appl.Incl.White: Stove,Newer Fridge Whirlpool, Micro, Stacked Wh/W/D ;Cac; Cvac.Hwt(R) Exclude: Primary Bdrm Elf.Roof+Siding '17;Furnace "16

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

Closing Costs

Mortgage Amount
$854,400
Land Transfer Taxes$17,835
Legal Fees (Est.)
$
Total cash required for closing$232,935

Total Monthly Obligation

$5,145/mo
Mortgage $4,308
Monthly Loss $4,012
Principal$1,134
Interest$3,174
Property Tax$462
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%22
10-Year IRR
8.9%
Returns Index
12.5/ 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
$43,560/yr
NOI
$29,158/yr
Net Cash Flow
-$1,878/mo
Cash Margin
-51.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.7/ 100

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

Comparables

Properties near 614 Mcbean Avenue N

Time

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