40 William Roe Boulevard 1011, Newmarket

$499,900
40 William Roe Boulevard 1011

$499,900

New
9d
Condo ApartmentApartment

40 William Roe Boulevard 1011, Newmarket

Total Monthly Obligation $3,086

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
9d
Score
24
Yield
7.4%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.9%
Property Type-Condo Apartment
MLS® Number-N14083216
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$3,949.11 (2025)
Maintenance-$540.42/mo
Locker-Ensuite+Common
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE RCR REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Central Newmarket
Title-Residential Condo & Other

No agent assigned

High demand building * Spacious 2 bedroom and bath 'The Janice' model * LR and DR open concept * Updated features include engineered hardwood floors and all unit doors * Updated white kitchen with built-in pantry * SS fridge, SS stove, and SS microwave * Walkout to a large west-facing balcony * Updated bathroom * Ensuite laundry and storage room + locker in basement * Underground parking * Accessible building with party, exercise, and billiard rooms, library, workshop, and lots of guest parking * Lovely gardens and gazebo * Low maintenance fees * Well run building in convenient location!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,086/mo
Mortgage $2,016
Monthly Loss $2,555
Principal$531
Interest$1,486
Property Tax$329
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%3
5-Year IRR
13.2%59
10-Year IRR
13.3%
Returns Index
30.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$37,152/yr
NOI
$20,603/yr
Net Cash Flow
-$300/mo
Cash Margin
-9.7%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
28.9/ 100

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

Comparables

Properties near 40 William Roe Boulevard 1011

Time

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Data last updated within the past 24 hours.