923 Creekfront Way, Newmarket

$785,000
923 Creekfront Way

$785,000

New
2d
Condo Townhouse2-Storey

923 Creekfront Way, Newmarket

Total Monthly Obligation $4,082

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
2d
Score
17
Yield
4.4%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Townhouse
MLS® Number-N14104564
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,147.97 (2026)
Maintenance-$370/mo
Locker-None
Parking-2 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Other
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Vinyl Siding, Brick
Possession-/Tba
Neighbourhood-Gorham-College Manor
Title-Residential Condo & Other

No agent assigned

Beautiful Executive Townhome Backing Onto Bogart Pond & A Picturesque Ravine! Situated In An Exclusive, Quiet Enclave, This Home Offers A Bright, Open Concept Layout With Engineered Hardwood Floors. Updated Kitchen Featuring Quartz Countertops, Tile Backsplash, Stainless Steel Appliances & Breakfast Bar. Inviting Living Room With Walk-Out To A Private Balcony Overlooking The Forested Ravine! Spacious Bedrooms Including Primary Bedroom With 4-Piece Ensuite, Walk-In Closet & Juliette Balcony. Finished Basement Offers Additional Living Space With A Cozy Gas Fireplace & Walk-Out To A Private Patio. Freshly Painted Throughout With Direct Garage Access, Recently Updated Windows, Furnace & Hot Water Tank. Enjoy A Peaceful Community Surrounded By Walking Paths, Gardens & Beautiful Natural Scenery, All Just Minutes From The Highway, Magna Centre, Shopping, Transit & More - A Place To Call Home!

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

Closing Costs

Mortgage Amount
$628,000
Land Transfer Taxes$12,175
Legal Fees (Est.)
$
Total cash required for closing$170,675

Total Monthly Obligation

$4,082/mo
Mortgage $3,166
Monthly Loss $3,249
Principal$833
Interest$2,333
Property Tax$346
Condo Fees$370
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,200/yr
NOI
$19,792/yr
Net Cash Flow
-$1,517/mo
Cash Margin
-53.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.3/ 100

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

Comparables

Properties near 923 Creekfront Way

Time

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Data last updated within the past 24 hours.