196 Wainscot Avenue, Newmarket

$1,350,000
196 Wainscot Avenue

$1,350,000

New
20d
Detached2-Storey

196 Wainscot Avenue, Newmarket

Total Monthly Obligation $6,412

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
20d
Score
15
Yield
3.4%
Cash on Cash
-9.0%
Cap Rate
2.7%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-N13859146
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-45.31 × 82.04 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,095.03 (2026)
Parking-4 - Attached
Basement-Finished with Walk-Out, Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-MAIN STREET REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Rec Room
Pool-Inground
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

THE BACKYARD RETREAT: Imagine stepping out into your own private summer sanctuary in sought-after Woodland Hill. Where in-ground pools are rare, this fully landscaped oasis is built for unwinding and gathering-featuring a tranquil waterfall and an entertainer's cabana with an upper sundeck overlooking the water. While neighbours plan weekend getaways, your family is already poolside. EFFORTLESS ENTERTAINING: This 5-bedroom home is designed for large gatherings; the main level features a grand open-concept living and dining space spanning over 25 feet, allowing you to extend seating for holiday dinners easily. The bright kitchen flows to a casual breakfast area with a walk-out to the upper BBQ deck, while a generous family room offers a comfortable everyday retreat. MULTIGENERATIONAL HARMONY: Built for growing families, multi-generational households, the perfect in-law suite, or for future income potential. This home delivers exceptional flexibility. Upstairs, the spacious primary suite offers a walk-in closet, private 4-pc ensuite. A double-car garage with direct interior access, generous bedrooms, a large cold cellar/cantina, and ample storage keep daily routines effortless. The fully finished lower level features its own separate entrance, full kitchen, bedroom, and 3-piece bath, offering genuine independence and privacy under one roof. RARE VALUE & TIMELESS FOOTPRINT: With substantial detached pool properties in the area commanding upward values in the neighborhood, this offering provides a solid architectural footprint and irreplaceable outdoor infrastructure at an accessible tier. Enjoy the poolside lifestyle immediately, with the rare upside to tailor interior aesthetics to your exact personal taste over time. THE NEIGHBOURHOOD: Perfectly situated in family-friendly Woodland Hill, steps to scenic parks and trails, acclaimed French Immersion and Catholic schools, Upper Canada Mall, dining, and effortless commuter routes, close to hospital, Rec Centers & more!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,080,000
Land Transfer Taxes$23,475
Legal Fees (Est.)
$
Total cash required for closing$294,975

Total Monthly Obligation

$6,412/mo
Mortgage $5,446
Monthly Loss $4,979
Principal$1,433
Interest$4,013
Property Tax$591
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
5.9%14
10-Year IRR
7.4%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$45,840/yr
NOI
$29,661/yr
Net Cash Flow
-$2,974/mo
Cash Margin
-77.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.2/ 100

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

Comparables

Properties near 196 Wainscot Avenue

Time

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