590 Gagnon Place, Newmarket

$1,799,000
590 Gagnon Place

$1,799,000

New
21d
Detached2-Storey

590 Gagnon Place, Newmarket

Total Monthly Obligation $8,354

Beds
5
Baths
3
Park
6
Sqft
3000-3500
DOM
21d
Score
14
Yield
2.8%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-N13855918
Beds-5
Bathrooms-3
Size-3000-3500 sqft
Lot Size-50.91 × 123.6 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$8,666.6 (2026)
Parking-8 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stonehaven-Wyndham
Title-Residential Freehold

No agent assigned

NEARLY 4,200 FINISHED SQ. FT. IN STONEHAVEN WITH A CHEF'S KITCHEN, 5 BEDROOMS & A PRIVATE 123 FT DEEP LOT! From the moment you enter, this home feels elevated in every sense, with soaring ceilings rising above a sweeping curved staircase, polished tile underfoot and rich hardwood carrying through beautifully proportioned principal rooms. Crown moulding, expansive windows and French doors into the dining room add architectural detail, while formal living and dining spaces feel made for candlelit dinners and special occasions. The magazine-worthy chef's kitchen pairs extensive white shaker cabinetry and quartz countertops with a statement range hood, high-end stainless steel appliances and an oversized contrasting island. It opens to the family room with custom built-ins and a gas fireplace, while sliding doors frame the landscaped backyard. A private main-floor office, well-appointed laundry room with garage access and powder room complete the level. The recently updated primary retreat feels more like a private wing, with custom built-in storage, an oversized walk-in closet and a renovated 5-piece ensuite with a freestanding tub, glass shower and double vanity. Three additional bedrooms and another full bath complete the second floor, while the finished basement adds a fifth bedroom, recreation room, extensive storage, bathroom rough-in and pre-wiring for speakers. The fully fenced backyard is framed by mature trees and established gardens, with a multi-level deck for outdoor dining. Notable updates and features include updated windows, newer air conditioning, a high-efficiency furnace, 200-amp service, central vac, an owned hot water tank and a water softener, all contributing to the quality that makes Stonehaven such a coveted Newmarket address.

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

Closing Costs

Mortgage Amount
$1,439,200
Land Transfer Taxes$32,455
Legal Fees (Est.)
$
Total cash required for closing$393,755

Total Monthly Obligation

$8,354/mo
Mortgage $7,257
Monthly Loss $6,444
Principal$1,910
Interest$5,347
Property Tax$722
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.6%10
10-Year IRR
6.4%
Returns Index
6.2/ 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
$51,060/yr
NOI
$32,787/yr
Net Cash Flow
-$4,524/mo
Cash Margin
-106.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.3/ 100

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

Comparables

Properties near 590 Gagnon Place

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.