250 Helmer Avenue, Newmarket

$848,000
250 Helmer Avenue

$848,000

New
21d
DetachedBungalow

250 Helmer Avenue, Newmarket

Total Monthly Obligation $4,166

Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
21d
Score
17
Yield
4.2%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-N13858150
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-51.54 × 110 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,438.99 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Central Newmarket
Title-Residential Freehold

No agent assigned

Welcome to 250 Helmer Avenue! A cherished family home perfect for first time buyers. Situated on a generous & privateg lot, well maintained with some original features located in Newmarket's sought after Central Newmarket community. Step into the sun filled Living & Dining rooms, designed for everyday living and entertaining. The spacious Family Room is the pefect place to nestle down and relax. Curl up by the fireplace and get cozy while taking in soothing views overlooking the rear yard; this space has what it takes to unwind! The Family Room addition conveniently features a door for immediate access to the rear yard, perfect for backyard BBQing & get-togethers. The delightful Sunroom with its cheerful atmosphere is ideal for morning coffees and its evening sunsets. Step out to the private and lovingly maintained backyard, ideal for escaping the hustle & bustle of everyday living & ideal for family enjoyment. A separate entrance offers access to the lower level where you will find additional living space to suit a variety of needs. Embrace the lifestyle of living in Central Newmarket. Just a short walk to Fairy Lake & all that Main Street has to offer: shops, cafes, pubs, restaurants, entertainment and an extensive trail system sure to satisfy outdoor enthusiasts. Commuters enjoy easy connectivity with York Transit and GO. Don't miss this opportunity to move into this vibrant community and call this home. Inspection Report Available upon request. A Warm and Functional home not to be missed!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$678,400
Land Transfer Taxes$13,435
Legal Fees (Est.)
$
Total cash required for closing$184,535

Total Monthly Obligation

$4,166/mo
Mortgage $3,421
Monthly Loss $3,265
Principal$900
Interest$2,520
Property Tax$370
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.2/ 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
$35,280/yr
NOI
$22,813/yr
Net Cash Flow
-$1,520/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
2.3 mo37
Risk Index
20.3/ 100

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

Comparables

Properties near 250 Helmer Avenue

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.

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Data last updated within the past 24 hours.