328 Salisbury Lane, Newmarket

$1,235,000
328 Salisbury Lane

$1,235,000

New
17d
Detached2-Storey

328 Salisbury Lane, Newmarket

Total Monthly Obligation $5,923

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
17d
Score
15
Yield
3.4%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-N13866250
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-63.16 × 113.01 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,791.74 (2026)
Parking-6 - Attached
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bristol-London
Title-Residential Freehold

No agent assigned

Welcome to 328 Salisbury Lane-a spectacular, turnkey detached home situated on a premium, ultra-wide 63-foot lot in the heart of Newmarket! This property perfectly blends modern family luxury with incredible financial freedom, making it an absolute must-see. Stop paying down your mortgage alone! The lower level features a fully registered, certified LEGAL basement apartment complete with a separate private entrance. Offering massive rental income potential (or the perfect private setup for multi-generational living/in-laws), this legal suite drastically lowers your monthly carrying costs from day one. Step outside into your own staycation paradise! The expansive, sun-drenched backyard features a gorgeous saltwater swimming pool. Best of all? Enjoy total peace of mind with a brand-new pool liner installed just two months ago (August 2026). No immediate maintenance, no extra expenses-just pure summer relaxation and turnkey entertaining! The main and upper levels boast a bright, spacious, and highly functional layout featuring 4generous bedrooms, large windows flooding the home with natural light, and tasteful finishes throughout. Nestled in a highly desirable, family-friendly pocket of Newmarket. You are just minutes away from top-rated schools, beautiful local parks, transit, shopping, and highway access.

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

Closing Costs

Mortgage Amount
$988,000
Land Transfer Taxes$21,175
Legal Fees (Est.)
$
Total cash required for closing$269,675

Total Monthly Obligation

$5,923/mo
Mortgage $4,982
Monthly Loss $4,612
Principal$1,311
Interest$3,671
Property Tax$566
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.8/ 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
$41,496/yr
NOI
$26,055/yr
Net Cash Flow
-$2,810/mo
Cash Margin
-81.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.7/ 100

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

Comparables

Properties near 328 Salisbury Lane

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.