LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$920,080

Kingsley Square - 693 Davis Dr - b803_2j - Newmarket, ON, L3Y 2R2

MLS® # PB902-B803_2J

2.0 Beds

2 Baths

923 sqft

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 2.0
  • Floor Space (approx): 923

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

63.4%

Cumulative Market Appreciation

$254,201

Net Operating Income in Year 5

$18,711

Cash on Cash Return in Year 5

-10.0%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$184,016
Mortgage Amount $736,064
Mortgage Payment
%
$3,819

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,249
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,019
Net Operating Income $1,230
Debt Service
Mortgage Payment $3,819
Net Cash Flow -$2,588

Acquistion Costs

Deposit $92,008
Land Transfer Tax $14,876
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $92,008
Total Acquisition Costs $215,392

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $41,004
Due on Occupancy $46,004
Total Deposit $92,008
Closing Date Jun 1, 2025

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $92,008 - - - - - - - - -
Closing Costs $123,384 - - - - - - - - -
Mortgage Paydown $8,538$11,862$12,432$13,030$13,656$14,313$15,001$15,722$16,477$17,269
Total $223,930$11,862$12,432$13,030$13,656$14,313$15,001$15,722$16,477$17,269
Cash Invested $223,930$235,793$248,226$261,256$274,913$289,226$304,227$319,950$336,427$353,697
Rental Cash Flows
Rent and other income $20,248$27,868$29,066$30,316$31,620$32,979$34,398$35,877$37,419$39,028
Operating Expenses -$9,172-$12,456-$12,764-$13,081-$13,407-$13,743-$14,087-$14,442-$14,807-$15,183
Mortgage Payment -$34,372-$45,829-$45,829-$45,829-$45,829-$45,829-$45,829-$45,829-$45,829-$45,829
Net Cash Flow -$23,296-$30,417-$29,527-$28,594-$27,617-$26,592-$25,519-$24,395-$23,217-$21,983
Returns
Property Price Appreciation $46,004$48,304$50,719$53,255$55,918$58,714$61,649$64,732$67,968$71,367
Mortgage Paydown $8,538$11,862$12,432$13,030$13,656$14,313$15,001$15,722$16,477$17,269
Net Cash Flow -$23,296-$30,417-$29,527-$28,594-$27,617-$26,592-$25,519-$24,395-$23,217-$21,983
Total Return $31,246$29,749$33,624$37,691$41,957$46,434$51,131$56,059$61,229$66,653
Cumulative Return $31,246$60,995$94,620$132,311$174,269$220,704$271,835$327,895$389,124$455,777
Investment Metrics
Cumulative ROI 14.0% 25.9% 38.1% 50.6% 63.4% 76.3% 89.4% 102.5% 115.7% 128.9%
Cash On Cash -10.4% -12.9% -11.9% -10.9% -10.0% -9.2% -8.4% -7.6% -6.9% -6.2%

Location of b803_2j-693 Davis Dr, Newmarket, ON, L3Y 2R2

Demographic Information of b803_2j-693 Davis Dr, Newmarket, ON, L3Y 2R2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$114,369.59

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.27 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

5.71 %

College/non-university certificate

23.09 %

University Degree

23.72 %

Commuter

Travel To Work

By Car

90.89 %

By Public Transit

2.97 %

By Walking

3.83 %

By Bicycle

0.0 %

By Other Methods

2.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.37 %

Houses

73.63 %

Own Vs. Rent