378 Spruce Grove Crescent, Newmarket

$1,100,000
378 Spruce Grove Crescent

$1,100,000

New
7d
Detached2-Storey

378 Spruce Grove Crescent, Newmarket

Total Monthly Obligation $5,265

Beds
3
Baths
4
Park
4
Sqft
1500-2000
DOM
7d
Score
17
Yield
4.2%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-N14087346
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-44.95 × 83 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,430 (2025)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Opportunity Knocks! * Beautiful Family Home on a Very Desirable Quiet Street in Sought-After Woodland Hill! * No Sidewalk! * Nearly 2,000 Sq Ft of Living Space Including Finished Basement * Hardwood Staircase & Upgraded Pot Lights Throughout Main Floor * No Carpet Anywhere! * Bright & Spacious Living Room with Hardwood Flooring, Pot Lights & Raised Ceiling detail in foyer * Open Concept Floorplan * Kitchen & Dining Area with Ceramic Flooring, Ample Cupboard Space & Walk-Out to Large Backyard Deck * Spacious Bedrooms with Hardwood Flooring * Primary Bedroom Features Walk-In Closet with Built-In Organizers & Drawers + under-cabinet toe-kick C/VAC * Beautifully Renovated Bathrooms with Modern Finishes, Including Glass Rainfall Showers * Finished Basement Offers Additional Living Space plus extra washroom * Perfect Rec Room, Home Office, Playroom, or extra Bedroom Space * Fully Fenced Yard with Huge Deck, Perfect for Entertaining or Relaxing Outdoors * Attached Garage & Private Double Driveway * Roof Replaced in 2022/2023 * Furnace & A/C Approx. 2018 * New Washer & Dryer * All Equipment Owned, No Rentals! * Conveniently Located Close to Parks, Schools, Shopping, Restaurants & All Amenities! * Just Minutes to Upper Canada Mall, Southlake Hospital, GO Transit & Highways 400 & 404 * Some photos are digitally enhanced and/or virtually staged.

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

Closing Costs

Mortgage Amount
$880,000
Land Transfer Taxes$18,475
Legal Fees (Est.)
$
Total cash required for closing$239,975

Total Monthly Obligation

$5,265/mo
Mortgage $4,437
Monthly Loss $4,097
Principal$1,168
Interest$3,269
Property Tax$453
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$46,680/yr
NOI
$32,082/yr
Net Cash Flow
-$1,764/mo
Cash Margin
-45.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.8/ 100

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

Comparables

Properties near 378 Spruce Grove Crescent

Time

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Data last updated within the past 24 hours.