5 Delano Way, Newmarket

$698,000
5 Delano Way

$698,000

New
3d
Att/Row/Townhouse3-Storey

5 Delano Way, Newmarket

Total Monthly Obligation $3,532

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
3d
Score
21
Yield
5.3%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Att/Row/Townhouse
MLS® Number-N14096846
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20.01 × 45.28 ft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,098.94 (2026)
Parking-3 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Woodland Hill
Title-Residential Freehold

No agent assigned

Welcome to this contemporary 3 bedroom, 3 bathroom freehold townhome, thoughtfully designed with modern style, comfort, and functionality in mind. The bright, open-concept main level features sleek finishes, abundant natural light, and beautiful hardwood floors throughout the living area. The modern kitchen is equipped with stainless steel appliances and a spacious breakfast bar, creating an inviting space for everyday living and entertaining. Large windows fill the living room with natural light and offer a bright, airy atmosphere. The spacious primary suite provides a private retreat, complete with a spa-inspired ensuite and generous walk-in closet. Enjoy additional outdoor living on the private covered balcony, while the attached garage offers convenient direct access to the home. Ideally located close to dining, shopping, Upper Canada Mall, Southlake Hospital, transit, and major commuter routes, this home combines contemporary living with everyday convenience.

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

Closing Costs

Mortgage Amount
$558,400
Land Transfer Taxes$10,435
Legal Fees (Est.)
$
Total cash required for closing$151,535

Total Monthly Obligation

$3,532/mo
Mortgage $2,816
Monthly Loss $2,791
Principal$741
Interest$2,075
Property Tax$342
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%42
10-Year IRR
11.3%
Returns Index
22.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$37,272/yr
NOI
$24,946/yr
Net Cash Flow
-$737/mo
Cash Margin
-23.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.6/ 100

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

Comparables

Properties near 5 Delano Way

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.