61 Marlin Court, Newmarket

$949,000
61 Marlin Court

$949,000

New
22d
Semi-Detached Bungalow

61 Marlin Court, Newmarket

Total Monthly Obligation $4,503

Beds
4
Baths
5
Park
5
Sqft
700-1100
DOM
22d
Score
17
Yield
3.9%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Semi-Detached
MLS® Number-N13846850
Beds-4
Bathrooms-5
Size-700-1100 sqft
Lot Size-25.78 × 101.24 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$3,600 (2026)
Parking-5 - None
Basement-Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-West
Exterior-Stucco (Plaster), Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60/90
Neighbourhood-Bristol-London
Title-Residential Freehold

No agent assigned

Exceptional semi-detached bungalow completely rebuilt on the interior with all new electrical, plumbing, insulation, waterproofing, and quality finishes throughout. The renos have been done to a custom home standard from the insulation and waterproofin, to the panelled firdge, built-in ovens and custom windows. Offering a total of 4 bedrooms, 5 bathrooms, and 3 full kitchens, this property provides incredible flexibility for multigenerational living or rental income potential.The main floor features a bright, open concept layout with engineered hardwood flooring, custom imported interior doors, a modern designer kitchen, and 2 spacious bedrooms, each with its own ensuite bathroom, plus an additional powder room.The fully finished lower level features a separate entrance leading to two self contained 1 bedroom units, each complete with its own kitchen and bathroom. Outside, enjoy extensive professional landscaping with a solid, properly prepared base, a low maintenance backyard enclosed by aluminum fencing, and an impressive and expensive motorized pergola with adjustable louvers and retractable screens. Additional highlights include a fully equipped outdoor BBQ station and EV charging port.Conveniently located near Upper Canada Mall, YRT transit, shopping, restaurants, and everyday amenities. A rare opportunity to own a completely renovated, move in ready property offering modern finishes, multiple living spaces, and exceptional versatility.

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

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,503/mo
Mortgage $3,828
Monthly Loss $3,496
Principal$1,007
Interest$2,821
Property Tax$300
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
12.0/ 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
$37,200/yr
NOI
$25,380/yr
Net Cash Flow
-$1,713/mo
Cash Margin
-55.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
19.2/ 100

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

Comparables

Properties near 61 Marlin Court

Time

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