296 Eagle Street, Newmarket

$1,645,000
296 Eagle Street

$1,645,000

New
18d
Detached2-Storey

296 Eagle Street, Newmarket

Total Monthly Obligation $7,733

Beds
3
Baths
3
Park
8
Sqft
2000-2500
DOM
18d
Score
14
Yield
2.1%
Cash on Cash
-14.6%
Cap Rate
1.4%
5Y IRR
4.2%
10Y IRR
5.9%
Property Type-Detached
MLS® Number-N13860984
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-28.42 × 51.88 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,666.83 (2026)
Parking-10 - Carport
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER THE REAL ESTATE CENTRE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Board & Batten
Roof-Asphalt Shingle
Foundation-Stone, Concrete Block
Sewer-Sewer
Possession-30-90
Neighbourhood-Central Newmarket
Title-Residential Freehold

No agent assigned

The Henry Johnson House, Circa 1891 - one of Newmarket's landmark century homes. Situated on a rare double lot measuring roughly 93' wide x 170' deep, held under two separate titles. With Buff Brick and a plaque out front, come experience the historical house and the 2004 addition that opened up the main level and added a spectacular 500 square foot primary suite with a generous walk in closet and 4 piece ensuite. The exquisite kitchen offers quartz countertops, gas cooktop, wall and speed oven/microwave, extensive cupboards and pantry that opens up to the charming family room. Relax and enjoy the beautiful gas fireplace then open the French doors to the expansive 800 square foot deck overlooking the park like backyard. Also on the main floor is a formal dinning room with California shutters, and office/den with built in lined cabinets. Mechanical notes: Furnace and air conditioning (2023), roof (2020), 200-amp service. The beautiful yard features mature trees, perennial gardens, and a depth of lot that is rare this close to Main Street, Fairy Lake and the TomTaylor Trail. A century of Newmarket history, with nothing left on your list.

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

Closing Costs

Mortgage Amount
$1,316,000
Land Transfer Taxes$29,375
Legal Fees (Est.)
$
Total cash required for closing$359,875

Total Monthly Obligation

$7,733/mo
Mortgage $6,635
Monthly Loss $5,987
Principal$1,746
Interest$4,889
Property Tax$722
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.4%0
5-Year IRR
2.0%5
10-Year IRR
4.5%
Returns Index
3.5/ 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
$34,800/yr
NOI
$18,153/yr
Net Cash Flow
-$5,123/mo
Cash Margin
-176.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.232
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
13.3/ 100

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

Comparables

Properties near 296 Eagle Street

Time

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