514 Keith Avenue, Newmarket

$1,478,000
514 Keith Avenue

$1,478,000

New
8d
Detached2-Storey

514 Keith Avenue, Newmarket

Total Monthly Obligation $6,977

Beds
5
Baths
4
Park
2
Sqft
3000-3500
DOM
8d
Score
15
Yield
3.4%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-N14080000
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-49.25 × 141.16 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$7,683.21 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Glenway Estates
Title-Residential Freehold

No agent assigned

Exceptional Value in Prestigious Glenway Estates! Offering approximately 3,395 sq. ft. above grade, this beautifully maintained executive home features 5 bedrooms, 4 bathrooms and outstanding multigenerational or income potential. A grand Scarlett O'Hara staircase creates an impressive first impression, complemented by hardwood flooring, spacious principal rooms and a private main-floor office. The chef-inspired kitchen features granite countertops, stainless steel appliances and a walkout to a newly built sundeck overlooking the mature, private backyard. The inviting family room is highlighted by a cozy wood-burning fireplace. Upstairs, the oversized primary retreat offers a private sitting area, generous walk-in closet and luxurious 5-piece spa-inspired ensuite. A separate side entrance leads to a self-contained 1-bedroom studio suite with its own bathroom, laundry, refrigerator and hot plate-ideal for extended family, a nanny, guests or potential rental income. Conveniently located near excellent schools, parks, shopping, public transit and Highways 400 and 9. A rare opportunity combining impressive space, versatility and exceptional value in one of Newmarket's most desirable neighborhoods!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,182,400
Land Transfer Taxes$26,035
Legal Fees (Est.)
$
Total cash required for closing$323,135

Total Monthly Obligation

$6,977/mo
Mortgage $5,962
Monthly Loss $5,408
Principal$1,569
Interest$4,393
Property Tax$640
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.5/ 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
$50,100/yr
NOI
$32,907/yr
Net Cash Flow
-$3,220/mo
Cash Margin
-77.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.7/ 100

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

Comparables

Properties near 514 Keith Avenue

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.