338 Dowson Loop, Newmarket

$1,220,000
338 Dowson Loop

$1,220,000

New
4d
Detached2-Storey

338 Dowson Loop, Newmarket

Total Monthly Obligation $5,866

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
4d
Score
16
Yield
3.8%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-N14093924
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-40.7 × 105.21 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,838.96 (2026)
Parking-6 - Built-In
Basement-Unfinished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-Keller Williams Energy Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Rarely offered and proudly maintained by its original owners, this all-brick 4-bedroom detached home presents a unique opportunity in one of the area's most desirable family communities. Situated on a premium 40.7 x 105.2 ft fully fenced lot, the property offers over 2,500 sq. ft. above grade, parking for six vehicles, and the long-term versatility today's buyers are searching for.Thoughtfully designed for both everyday living and future value, the home features hardwood flooring, an elegant oak staircase, main floor laundry, spacious principal rooms, and a bright open-concept kitchen with a walkout to an elevated deck overlooking the backyard. The upper level offers four generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet and private 4-piece ensuite.A standout feature of the home is the rare builder-upgraded walkout basement, complete with oversized above-grade windows that fill the space with natural light and direct access to the backyard. Offering exceptional versatility and future potential, this unique configuration provides a significant advantage for buyers seeking multigenerational living or income-generating opportunities. Much of the costly and complex work associated with a walkout design has already been completed by the builder, creating a substantial head start for future development. With potential to generate approximately $2,000-$2,500 per month in rental income, this space represents a compelling opportunity to offset mortgage costs while building long-term wealth and equity.Additional highlights include a double-car garage with direct interior access, parking for six vehicles, a newer roof (2023), and a premium lot offering both privacy and outdoor enjoyment. Combining pride of ownership, future income potential, and exceptional long-term value, this is a rare opportunity to secure a home that can help offset your mortgage while building equity in one of the area's most sought-after communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$976,000
Land Transfer Taxes$20,875
Legal Fees (Est.)
$
Total cash required for closing$266,375

Total Monthly Obligation

$5,866/mo
Mortgage $4,921
Monthly Loss $4,571
Principal$1,295
Interest$3,626
Property Tax$570
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$46,200/yr
NOI
$30,241/yr
Net Cash Flow
-$2,401/mo
Cash Margin
-62.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
16.2/ 100

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

Comparables

Properties near 338 Dowson Loop

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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