351 Fairway Gardens, Newmarket

$1,599,000
351 Fairway Gardens

$1,599,000

New
9d
Detached2-Storey

351 Fairway Gardens, Newmarket

Total Monthly Obligation $7,539

Beds
4
Baths
4
Park
5
Sqft
3000-3500
DOM
9d
Score
14
Yield
3.0%
Cash on Cash
-10.7%
Cap Rate
2.3%
5Y IRR
7.2%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-N14083536
Beds-4
Bathrooms-4
Size-3000-3500 sqft
Lot Size-54 × 152 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,568.74 (2025)
Parking-7 - Attached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Glenway Estates
Title-Residential Freehold

No agent assigned

Stunning Executive Home In Highly Sought-After Glenway Estates! 4 bedroom 4 washroom, Situated On A Large pie shaped lot, 82 at rear, Wide Lot On A Quiet Crescent, This Exceptional Home Offers Spacious Living Throughout. Main Floor Features Gleaming Hardwood Floors, Large Family Room, Spacious Kitchen With Appliances, And Formal Living & Dining Rooms. Renovated Upper Level Features Large Bedrooms, Including A Generous Primary Suite With Updated Ensuite & Custom Dressing Room. Private Backyard Oasis With In-Ground Pool, Cabana and shed, Perfect For Summer Entertaining! 6-Car Parking! An Exceptional Opportunity In One Of Newmarket's Most Desirable Communities!

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

Closing Costs

Mortgage Amount
$1,279,200
Land Transfer Taxes$28,455
Legal Fees (Est.)
$
Total cash required for closing$349,755

Total Monthly Obligation

$7,539/mo
Mortgage $6,450
Monthly Loss $5,842
Principal$1,697
Interest$4,753
Property Tax$714
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.8%10
10-Year IRR
6.6%
Returns Index
6.5/ 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
$48,072/yr
NOI
$30,196/yr
Net Cash Flow
-$3,934/mo
Cash Margin
-98.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
13.9/ 100

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

Comparables

Properties near 351 Fairway Gardens

Time

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Data last updated within the past 24 hours.