62 Macedonia Court, Newmarket

$1,185,000
62 Macedonia Court

$1,185,000

New
8d
Detached2-Storey

62 Macedonia Court, Newmarket

Total Monthly Obligation $5,642

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
8d
Score
16
Yield
3.7%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-N14084506
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-33.2 × 99.5 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,840.3 (2025)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-AECORN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Summerhill Estates
Title-Residential Freehold

No agent assigned

Tranquil Cul-de-Sac living with exceptional flexibility in Summerhill Estates tucked away on a quiet cul-de-sac in one of Newmarket's most established communities, this beautifully maintained 4-bedroom, 4-bath home offers the ideal balance of privacy, convenience, and everyday livability. Enjoy peaceful surroundings with ravine trails and a nearby lake just steps from the home, while remaining minutes from Yonge Street, Upper Canada Mall, GO Transit, parks, top-rated schools, and dining. Inside, the thoughtfully designed main level features 9-ft ceilings and hardwood floors throughout, creating a bright and welcoming atmosphere. The modern eat-in kitchen showcases granite countertops and stainless-steel appliances and flows seamlessly into spacious living and dining areas-well suited for both daily living and entertaining. A second-floor family room provides additional living space with the flexibility to be opened up and converted into an open-concept layout. Versatile in design, it can serve as a family retreat, home office, playroom, 4th bedroom, or additional entertaining space to suit your lifestyle and needs. The south-facing backyard offers all-day natural light and features a deck with gas BBQ hookup, perfect for outdoor enjoyment. All bathrooms have been updated, reflecting the care and attention invested throughout the home. The fully finished basement includes a full kitchen and full bathroom, offering excellent flexibility for extended family, guests, or adaptable living space as household needs evolve. Move-in ready and thoughtfully maintained, this home delivers meaningful space, versatility, and location-rarely found in such a quiet and well-connected setting.

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

Closing Costs

Mortgage Amount
$948,000
Land Transfer Taxes$20,175
Legal Fees (Est.)
$
Total cash required for closing$258,675

Total Monthly Obligation

$5,642/mo
Mortgage $4,780
Monthly Loss $4,384
Principal$1,258
Interest$3,522
Property Tax$487
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$44,136/yr
NOI
$29,382/yr
Net Cash Flow
-$2,331/mo
Cash Margin
-63.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.5/ 100

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

Comparables

Properties near 62 Macedonia Court

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.