37 Mynden Way, Newmarket

$1,078,000
37 Mynden Way

$1,078,000

New
4d
Detached2-Storey

37 Mynden Way, Newmarket

Total Monthly Obligation $5,217

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
4d
Score
16
Yield
3.8%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-N14096094
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-40.05 × 90.55 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,927.84 (2026)
Parking-4 - Built-In
Basement-Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained detached home in the highly desirable Woodland Hill community of Newmarket, offering approximately 2,879 sq ft of total living space with 3+1 bedrooms, 4 bathrooms, and a double-car garage. ***A major highlight is the approximately $50,000 in recent renovations, including a fully renovated second floor with two brand-new bathrooms and a stunning primary bedroom retreat featuring a spacious 5-piece ensuite. The home has also been freshly painted. Hardwood flooring flows throughout the main and second floors, while the main floor features impressive 8.5-ft ceilings. ***The bright south-facing family room is filled with natural light. The modern kitchen features a custom backsplash, with the kitchen sink and faucet updated in 2026. Additional updates include a 2024 backyard door, 2022 air conditioner, and a brand-new 2025 roof with solar panels, providing excellent added value with approximately $400/month in average solar income.***The fully finished basement provides excellent additional living space, featuring one bedroom, 3-piece bathroom, open recreation area, laminate flooring, and a wet bar. Ideal for a home office, gym, entertainment area, guests, or extended family living. ***Enjoy the convenience of Woodland Hill living, with Environmental Park just minutes away and easy access to schools, Upper Canada Mall, Costco, Yonge Street, restaurants, transit, and Newmarket GO Station. Newmarket also offers convenient access to Highway 404 and York Region transit, making commuting throughout York Region and the GTA easy and convenient. ***Move-in ready, extensively updated, and thoughtfully maintained, this is a wonderful opportunity to own a spacious family home in one of Newmarket's sought-after neighbourhoods. Don't miss it!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$862,400
Land Transfer Taxes$18,035
Legal Fees (Est.)
$
Total cash required for closing$235,135

Total Monthly Obligation

$5,217/mo
Mortgage $4,348
Monthly Loss $4,073
Principal$1,144
Interest$3,204
Property Tax$494
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.0/ 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
$40,764/yr
NOI
$26,260/yr
Net Cash Flow
-$2,160/mo
Cash Margin
-63.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.2/ 100

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

Comparables

Properties near 37 Mynden Way

Time

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Data last updated within the past 24 hours.