341 Cotter Street, Newmarket

$698,000
341 Cotter Street

$698,000

New
21d
Detached2-Storey

341 Cotter Street, Newmarket

Total Monthly Obligation $3,508

Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
21d
Score
16
Yield
3.4%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-N13854628
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-119.8 × 72.7 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,814.04 (2026)
Parking-3 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS REFERRED URBAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-60/90/TBD
Neighbourhood-Central Newmarket
Title-Residential Freehold

No agent assigned

Welcome to 341 Cotter Street, a charming two-bedroom home offering character, privacy, and an exceptional setting within walking distance of Downtown Newmarket and Fairy Lake.At the heart of the home, the spacious kitchen features generous cabinetry, warm wood countertops, ample shelving, and a bright dining area with direct access to the outdoors. From here, the layout flows naturally into the inviting living room, where original woodwork, hardwood floors, large windows, and a fireplace create a warm and comfortable gathering space. A dedicated main-floor office provides the flexibility to work from home, study, or create a quiet reading room, while the enclosed front porch offers a peaceful place to enjoy the changing seasons.Upstairs, two bright bedrooms are filled with natural light and enhanced by charming sloped ceilings and original wood floors.Outside, the property is truly distinctive. A large side yard, mature trees, established gardens, and multiple outdoor areas create a private, almost fairytale-like environment with space to relax, entertain, garden, and enjoy nature.Filled with warmth and individuality, this is a rare opportunity to enjoy a character home and generous property just moments from Main Street's shops and restaurants, Fairy Lake, parks, and trails.

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

Closing Costs

Mortgage Amount
$558,400
Land Transfer Taxes$10,435
Legal Fees (Est.)
$
Total cash required for closing$151,535

Total Monthly Obligation

$3,508/mo
Mortgage $2,816
Monthly Loss $2,767
Principal$741
Interest$2,075
Property Tax$318
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.9%11
10-Year IRR
6.7%
Returns Index
6.6/ 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
$23,928/yr
NOI
$13,221/yr
Net Cash Flow
-$1,714/mo
Cash Margin
-85.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.3/ 100

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

Comparables

Properties near 341 Cotter Street

Time

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