715 Davis Drive 1002, Newmarket

$799,000
715 Davis Drive 1002

$799,000

New
10d
Condo Apartment1 Storey/Apt

715 Davis Drive 1002, Newmarket

Total Monthly Obligation $3,423

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
0
Sqft
600-699
DOM
10d
Score
18
Yield
3.3%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-N14031222
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 13, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-New
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUMMIT REALTY EXPERTS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Tenanted
Neighbourhood-Huron Heights-Leslie Valley
Title-Residential Condo & Other

No agent assigned

First Service Residential

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,423/mo
Mortgage $3,223
Monthly Loss $2,575
Principal$848
Interest$2,375
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.6%21
10-Year IRR
8.6%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$26,532/yr
NOI
$21,479/yr
Net Cash Flow
-$1,433/mo
Cash Margin
-64.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.6/ 100

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

Comparables

Properties near 715 Davis Drive 1002

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.

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

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Data last updated within the past 24 hours.