742 Shanahan Boulevard, Newmarket

$749,000
742 Shanahan Boulevard

$749,000

New
18d
Att/Row/Townhouse2-Storey

742 Shanahan Boulevard, Newmarket

Total Monthly Obligation $3,752

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
18d
Score
19
Yield
4.8%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Att/Row/Townhouse
MLS® Number-N13860790
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.21 × 100 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,273.56 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Century 21 Granite Realty Group Inc.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Speak to Listing Broker
Neighbourhood-Armitage
Title-Residential Freehold

No agent assigned

An excellent opportunity to own a spacious, light-filled townhouse in a quiet, sought-after Newmarket neighbourhood! Offering a functional layout with plenty of room for the whole family, this home features an open-concept living and dining area, a generous eat-in kitchen with a walkout to a private backyard overlooking peaceful greenspace, and a convenient 2-piece powder room. Upstairs, the spacious primary bedroom features two closets and a 4-piece ensuite, complemented by two additional bedrooms, a 4-piece family bathroom and a bright, inviting family room with a charming gas fireplace, creating the perfect space to unwind. The unfinished lower level boasts impressive ceiling height and offers endless possibilities to customize to your needs, whether as a recreation room, home gym or additional living space. Complete with a covered front entry and attached single-car garage, plus key updates including a reshingled roof (2025), upgraded windows and a replaced garage door. Enjoy an unbeatable location just steps to Yonge Street shopping, restaurants, parks, VIVA and GO transit, and excellent schools. An affordable opportunity to get into a desirable neighbourhood, offering comfort today and plenty of potential for tomorrow. Move in, make it your own and enjoy all that Newmarket has to offer!

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

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,752/mo
Mortgage $3,021
Monthly Loss $2,957
Principal$795
Interest$2,226
Property Tax$356
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,796/yr
NOI
$23,443/yr
Net Cash Flow
-$1,068/mo
Cash Margin
-35.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
22.6/ 100

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

Comparables

Properties near 742 Shanahan Boulevard

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.