263 Chambers Crescent, Newmarket

$1,205,000
263 Chambers Crescent

$1,205,000

Price Change
15d
Detached2-Storey

263 Chambers Crescent, Newmarket

Total Monthly Obligation $5,768

Beds
6
Baths
4
Park
4
Sqft
2500-3000
DOM
15d
Score
17
Yield
4.2%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-N13878402
Beds-6
Bathrooms-4
Size-2500-3000 sqft
Lot Size-58.18 × 109.88 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,387.36 (2026)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON TURNKEY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-60 Days TBA
Neighbourhood-Armitage
Title-Residential Freehold

No agent assigned

Stunning 4+2 Bdrm, 4-bath Executive home on a Premium 58 ft wide Lot on a Quiet, family-friendly Crescent in South Newmarket's desirable Armitage Neighbourhood w Sunny West Backyard. Ideal Open Concept Floorplan + Permitted Separate Entrance to In-Law Suite, designed for everyday living w space for a growing multi-generational family or potential for extra income! Gather w Family in the Renovated Eat-in Chef's Kitchen featuring rich Granite counters, SS Appliances, Breakfast Bar & W/O to private fenced backyard & Deck. The Kitchen O/Looks a modern family rm w Custom Built-In Entertainment Centre & cozy Fireplace for relaxed movie nights. A seamless flow into the upgraded Living/Dining rms w LED pot lights is perfect for quiet evenings or family celebrations. Retreat to the spacious Primary suite w sitting room, 5 Piece Ensuite Bathrm & Large Organized Walk-In Closet! Plus 3 additional generously-sized bdrms, each w Double closets. The Finished Basement space offers incredible flexibility & a well-appointed 900 sq ft, 2 Bdrm In-Law Suite w 2nd Kitchen & Laundry plus 3 Piece Bathrm, ideal for extended family, guests, or additional living space. Step outside to a Private Fully-Fenced Backyard w Deck ideal for kids & pets to play, or easy summer BBQ's & outdoor entertaining. Dbl Garage & Driveway w No Sidewalks provide Parking for 6+ vehicles and storage for all the toys! $$$ Spent: Permitted Separate Entrance, Gas Furnace & Tankless HWH 2019, Upgraded 24" Porcelain Tile & laminate floors main, Vinyl Windows, Roof Shingles, Ext Doors/Garage Doors & more! Steps to Top-Rated Schools, Park, Tom Taylor Trail, Groceries & Yonge St Shops & Amenities. Minutes to Viva & GO Transit, Hwy 404 & 400, Southlake Regional Hospital, Upper Canada Mall, Ray Twinney & Magna Community Centres. A perfect blend of style, functionality & location; this home is thoughtfully designed for a growing family in a sought-after, low-turnover S. Nmkt neighbourhood ready for you to call Home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$964,000
Land Transfer Taxes$20,575
Legal Fees (Est.)
$
Total cash required for closing$263,075

Total Monthly Obligation

$5,768/mo
Mortgage $4,861
Monthly Loss $4,489
Principal$1,279
Interest$3,582
Property Tax$532
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.9/ 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
$50,628/yr
NOI
$34,678/yr
Net Cash Flow
-$1,971/mo
Cash Margin
-46.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.9/ 100

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

Comparables

Properties near 263 Chambers Crescent

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