388 Wood Duck Lane, Newmarket

$1,488,000
388 Wood Duck Lane

$1,488,000

New
24d
Detached2-Storey

388 Wood Duck Lane, Newmarket

Total Monthly Obligation $6,911

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
24d
Score
14
Yield
2.7%
Cash on Cash
-11.8%
Cap Rate
2.1%
5Y IRR
6.4%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-N13841848
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-44.98 × 81.88 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,402.04 (2025)
Parking-6 - Built-In
Basement-Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-HOMEART REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 4-bedroom, 4-bathroom detached home in the desirable Woodland Hill community of Newmarket. Featuring a bright, open-concept layout, the home offers a seamless flow between the family room and kitchen areas-ideal for both everyday living and entertaining. The renovated kitchen showcases a modern design with ample cabinetry, generous island counter space, upgraded stainless steel kitchen appliances w/ build-in combination wall oven in an inviting open-concept setting. The family room impresses with a magnificent double-height soaring ceilings and oversized windows that fill the entire home with abundant natural light, creating a spacious, warm, and welcoming atmosphere. Four well-appointed bedrooms provide comfortable family accommodation, while four bathrooms offer convenience for residents and guests. The finished walk-out basement w/ bedroom & great room presents excellent potential for additional living, recreation, or entertainment space, with direct access to the backyard oasis. Located in the sought-after Woodland Hill neighbourhood w/ prestigious schools (both public, Catholic and French Immersion), close to parks, shopping, dining, transit, and other everyday amenities. A bright and spacious home offering comfort, style, and versatile living in one of Newmarket's popular communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,190,400
Land Transfer Taxes$26,235
Legal Fees (Est.)
$
Total cash required for closing$325,335

Total Monthly Obligation

$6,911/mo
Mortgage $6,002
Monthly Loss $5,331
Principal$1,579
Interest$4,423
Property Tax$534
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.0%8
10-Year IRR
5.9%
Returns Index
5.5/ 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
$39,672/yr
NOI
$24,803/yr
Net Cash Flow
-$3,935/mo
Cash Margin
-119.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.3/ 100

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

Comparables

Properties near 388 Wood Duck Lane

Time

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