904 Damascus Court, Newmarket

$1,999,999
904 Damascus Court

$1,999,999

Price Change
20d
Detached2-Storey

904 Damascus Court, Newmarket

Total Monthly Obligation $9,188

Beds
4
Baths
4
Park
4
Sqft
3500-5000
DOM
20d
Score
14
Yield
2.8%
Cash on Cash
-11.3%
Cap Rate
2.2%
5Y IRR
6.8%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-N13858108
Beds-4
Bathrooms-4
Size-3500-5000 sqft
Lot Size-59.14 × 134.79 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$8,952 (2025)
Parking-6 - Built-In
Basement-Full
Heating-Forced Air (Wood)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Stonehaven-Wyndham
Title-Residential Freehold

No agent assigned

Rare offering! This meticulously maintained executive home in prestigious Stonehaven Estatescommunity represents luxury living and Pride of Ownership at every turn! The open concept lends to easy entertaining with the Chef's eat-in kitchen, oversized granite topped island and upgradedstainless steel appliances overlooking the large family room. The formal dining room and living roomoffer more space for large family living and entertaining. This freshly painted home boasts 9 foot smooth ceilings on main floor with hardwood staircase and lots of natural light. No carpet! The oversized slide doors lead to a huge deck with outdoor eating/entertaining space. This premium lot is complete with a private gazebo sitting area in the gorgeous maturely treed approx 135 foot deep backyard oasis. The upper level has 4 large bedrooms; all with bathroom access. The extra large windows light up every room! The primary suite is expansive with a large his/hers walkin closets. The primary ensuite includes two vanities and a clawfoot tub that lends to the perfect spot to unwind and relax in your own personal space. This home is conveniently located close to major highways, GO and public transit,parks and walking trails, Upper Canada Shopping Centre, excellent schools including private schools (St.Andrew's, Pickering College, Country Garden Montessori Academy), french immersion and community schools too.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,599,999
Land Transfer Taxes$36,475
Legal Fees (Est.)
$
Total cash required for closing$437,975

Total Monthly Obligation

$9,188/mo
Mortgage $8,067
Monthly Loss $7,066
Principal$2,123
Interest$5,945
Property Tax$746
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.5%10
10-Year IRR
6.3%
Returns Index
6.1/ 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
$55,320/yr
NOI
$36,336/yr
Net Cash Flow
-$5,039/mo
Cash Margin
-109.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo17
Risk Index
12.9/ 100

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

Comparables

Properties near 904 Damascus Court

Time

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