161 Billings Crescent, Newmarket

$879,000
161 Billings Crescent

$879,000

New
3d
Detached2-Storey

161 Billings Crescent, Newmarket

Total Monthly Obligation $4,321

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
3d
Score
20
Yield
5.1%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-N14097218
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-39.37 × 111.88 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,806 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Bristol-London
Title-Residential Freehold

No agent assigned

Welcome to this charming 3-bedroom detached home nestled on a quiet, family-friendly street in Newmarket! Perfect for first-time buyers, young couples or growing families, this inviting home offers comfort, convenience and plenty of potential. The spacious primary bedroom features a private ensuite, while the private backyard with no rear neighbours provides the perfect setting to relax, entertain or enjoy outdoor space with minor upkeep. Updates include the roof and furnace. Oversized double garage with plenty of room for storage. Conveniently located close to schools, parks, shopping, restaurants and everyday amenities with easy access to everything you need. An amazing opportunity to make this lovely home your own!

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

Closing Costs

Mortgage Amount
$703,200
Land Transfer Taxes$14,055
Legal Fees (Est.)
$
Total cash required for closing$191,355

Total Monthly Obligation

$4,321/mo
Mortgage $3,546
Monthly Loss $3,388
Principal$933
Interest$2,613
Property Tax$401
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.9%42
10-Year IRR
11.2%
Returns Index
21.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$45,000/yr
NOI
$31,194/yr
Net Cash Flow
-$946/mo
Cash Margin
-25.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
21.4/ 100

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

Comparables

Properties near 161 Billings Crescent

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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Data last updated within the past 24 hours.