351 Riddell Court 1, Newmarket

$759,900
351 Riddell Court 1

$759,900

New
3d
Condo Townhouse2-Storey

351 Riddell Court 1, Newmarket

Total Monthly Obligation $3,733

Beds
4
Baths
4
Park
1
Sqft
1400-1599
DOM
3d
Score
19
Yield
4.8%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-N14105018
Beds-4
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,336.14 (2026)
Maintenance-$190/mo
Locker-Ensuite
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30 DAYS/TBD
Neighbourhood-Gorham-College Manor
Title-Residential Condo & Other

No agent assigned

Rarely offered end-unit townhome and the largest floor plan in this sought-after community, offering the space, privacy, and feel of a freehold home while benefiting from exceptionally low maintenance fees. Tucked away in a quiet and private enclave just minutes from Highway 404, this is an ideal location for commuters. Freshly painted throughout and featuring newer appliances along with beautifully renovated contemporary bathrooms, this move-in-ready home is waiting for its new owners. The sun-filled interior offers a spacious open-concept living and dining area, complemented by a separate family room with large windows and stylish finishes, creating the perfect setting for everyday living and entertaining. Upstairs, the spacious four-bedroom layout provides ample space for growing families. The primary retreat features convenient walk-through his-and-hers closets leading to a tastefully re-modelled ensuite bath. Step outside through the large sliding doors to your private backyard ready for gardening, or hosting family and friends. A truly exceptional opportunity in one of Newmarket's most convenient and desirable neighbourhoods.

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

Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$3,733/mo
Mortgage $3,065
Monthly Loss $2,927
Principal$807
Interest$2,259
Property Tax$278
Condo Fees$190
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,720/yr
NOI
$25,032/yr
Net Cash Flow
-$979/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.0/ 100

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

Comparables

Properties near 351 Riddell Court 1

Time

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